Uden, the Netherlands, 18 January 2019
Beter Bed Holding: Q4 sales increased by 2.2%; restructuring on track
As announced at the Capital Markets Day on 26 October 2018, Beter Bed Holding decided to restructure its international businesses. At the same event, a new mid-term strategy with the overarching customer promise to offer the best quality rest at affordable prices was presented. The Group Leadership Team of Beter Bed Holding is pleased to announce that the Q4 commitments have been successfully delivered.
This included, amongst others, the following:
- closure of 172 Matratzen Concord stores in Germany, Austria and Switzerland;
- headcount reduction of the Matratzen Concord support organization by 64 FTE;
- inventory reduction by…
Read the full article at: https://globenewswire.com/news-release/2019/01/18/1701769/0/en/Beter-Bed-Holding-Q4-sales-increased-by-2-2-restructuring-on-track.html