Radical change of course at Depot: boss takes over, branches close. 90 stores of the over 300 branches in Germany are being put to the test.
In Germany, austerity measures are expected to lead to staff cuts, both in branches and headquarters. However, owner Christian Gries is optimistic: “I am firmly convinced that we can overcome this challenge.” The company is suffering from a loss in sales, which requires “structural changes,” says the old and new managing director.