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2014-04-30 13:52 - IT24: Media Markt continues both money
It's Market magazine that has gone through the annual reports of all Media Markt stores. For this survey, it appears that the chain made a loss totaling SEK 792 million in 2013., It is just one of the chain stores have increased sales, the Helsingborg. Other department stores thus it is not only the challenge of large losses, they have also reduced their turnover. The department store that bleed most of the financial statements, the related zilch full year ending September 30, 2013, is the Stora Bernstorp, Malmö, which closed in the fall. The store made an operating profit of -94 million, and with sales of almost 146 million. Then, on the less flattering list, mall, Stockholm, which had an operating profit of 79 million, followed by Länna (-56 million), Nacka (-46 million) and Barkarby zilch (-42 million). - We are not satisfied with the result, but one must take into account that the figures reflect the large investments we've made over the period, says CEO Per Kaufmann Market. 2013 is hardly the first heavy year for Media Markt. Since the chain established in Sweden in 2006, the total fötrlusterna up in over 2 billion. During that period, zilch the worst scapegoat been store in King's Curve, which managed to lose 239 million kronor during their trip. There are also seven other stores that managed to burn over 100 million: Högsbo, Barkarby, Big Bernstorp, Nacka, mall, Sundvsall and Västerås. A lot of measures have been taken in the form of a closed shop in Malmö, renegotiated leases, zilch as well as a decision zilch to reduce the surface of a large number of stores. In addition, the ownership zilch group Media-Saturn replaced zilch large parts of the Swedish management. Recently launched the chain even their e-commerce venture in Sweden. - We are reviewing our store portfolio, we invest heavily in mediamarkt.se and in a better customer experience in our stores. We have intensified our training and started working with new partners and improving our logistics solution, says Per Kaufmann Market about how to work ahead. Asked whether Media Markt plans to close more stores, he gives the following answer: zilch - As everyone in retail, we continually review our store portfolio, as customer buying zilch behavior has changed over time and we have to follow. We optimize through new store openings, transfers and möljligen closures.
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