Find in the news:
BY COUNTRY

Hema experiences heavy losses again



Hema, the Dutch warehouse chain, has experienced another disappointing fiscal year first quarter as it reports a loss of €22m.

The chain’s total turnover remained fairly constant at €257m, however the opening of 25 new stores has lowered its turnover per square meter, when compared to the previous year’s first quarter.  This has resulted in a loss of €22m, a 50% increase on last year.

Hema experiences heavy losses again.jpgThe Dutch chain has felt the effects of restructuring costs and high interest rates.  One of its write-offs was €11.1m stated as restructuring costs.  Its main market, Dutch turnover, declined several percentages to €204.4m in sales. This is the first time that the group has revealed quarterly results.  This has been a forced revelation as many of its loans are being traded on the Luxembourg stock exchange.

This is not the first time that Hema has published disappointing results and it has taken steps to cut its costs.  An example of this is that it was considering the cessation of payments for the breaks taken by its Dutch employees, while it has opened new stores abroad in an attempt to experience growth.



More about shopping malls in Denmark



TODAY, Germany:
The company intends to install charging stations at all centers in Germany by the end of 2018.
Dec 8, 2017, Russia:
The company has successfully ended the sale of its retail portfolio to the Russian FORT Group.
Dec 7, 2017, China:
Starbucks Reserve Roastery in Shanghai is the first fully immersive coffee experience in Asia.
Dec 6, 2017, United Kingdom:
A proposed £3.4 billion merger is set to create one of the UK’s biggest property companies.
Dec 6, 2017, USA:
80,000 sqft resort-like Life Time Athletic healthy lifestyle and entertainment destination to be built in Phoenix.
Dec 6, 2017, United Kingdom:
Designer Outlet Cannock will comprise over 26,500 sqm of GLA and over 80 stores.
Friend
and Follow
Forum Istanbul GLA:1 883 684 SF
ADDRESS: Kocatepe Mahallesi, Pasa Caddesi 34045 Bayrampasa
Turkey . Istanbul
Forum Istanbul
FAN Mallorca Shopping GLA:592 015 SF
ADDRESS: C/ Cardenal Rossel, S/N. 07007 Palma de Mallorca
Spain . Palma
FAN Mallorca Shopping
Designer Outlet Provence GLA:269 098 SF
ADDRESS: Mas de la Peronne, Miramas, France
France . Miramas
Designer Outlet Provence
Optimum Outlet GLA:421 127 SF
ADDRESS: ve Eglence Merkezi | Istiklal Sokak No.2/B Yenisahra/Atasehir
Turkey . Istanbul
Optimum Outlet


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us