Dozens of Libro locations facing closure, 120 employees affected

The retail chain currently has Book almost 180 branches. These have been since last year successively redesigned. But not all of them are likely to undergo a visual and, in some cases, content-related redesign. Because loud Standard Over 30 locations are to be closed.

In 2019, before the pandemic, there were still 220 branches. Now the group wants to this year separate from another 34. “There will also be closures this year. Exactly how many have not yet been determined,” Libro owner Martin Waldhäusl is quoted as saying. For historical reasons, Libro has too many small areassome of which were no longer worthwhile.

Switch to Pagro

Of the current branch closures there would be around 120 employees affected. In the past, in such cases, they could go to the sister rolling change. Until now, these have always been accommodated by Pagro, especially since the trade is already suffering from a shortage of skilled workers, says Waldhäusl. He promises the standard that he will continue to do so. When Pagro was taken over there were 90 locations. This number has grown to 160.

In Germany, on the other hand, the group has its discount chain Pfennigpfeiffer with 84 branches to the rival Teddy away. The Closing According to the report, is imminent.