Russia’s largest retailer has confirmed that it has lost the services of a number of senior managers due to disappointing results. The departures add more pressure on the group, which has seen sales at its hypermarkets fall regularly in the past few quarters.
• With sales declines like these is it any wonder that Jan Fuchs off to opportunities elsewhere…?
• Apologies, I have waited 54 years to use that one, ever since the London Evening Standard carried the headline “Famous explorer Sir Vivian Fuchs off to the North Pole” back in 1958…
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