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Arena Magazine 2005 Issue 4 |
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Companies - news in brief
The latest news on Matalan, Sainsbury’s distribution and Dixons
- Discount clothing retailer Matalan has announced it will cut an unspecified number of jobs as part of a restructuring plan. Falling sales at the company's 190 UK stores could see hundreds of jobs go among the 17,000 workforce. The company made £83 million pre-tax profit last year.
- Usdaw has put a counter proposal to Sainsbury's to deliver efficiency savings and to stop a proposal to contract out the work from the distribution site in Charlton, East London, to Exel. Workers at the depot could be much worse off if the transfer goes ahead. Usdaw has pledged to support the workforce. The union has already started talks with local management at Sainsbury's and will ensure the workers' legal rights are protected.
- Electrical chain Dixons has announced it will cut jobs in its distribution network, the news came after the company reported a fall in its annual profits. Dixons, which owns Currys and PC World in the UK and PC City, Elkjop and UniEurope chains on the continent, said it will reduce its UK distribution network from 17 sites to two. The company said the reorganisation would cut costs by around £30 million over the next two years. It also announced it was changing its group name to DSG International.
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