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Alcampo to Lay Off 710 Employees Amid Hypermarket Decline in Spain
Alcampo, owned by Auchan, will lay off up to 710 employees and close 25 stores in Spain due to declining hypermarket sales; 15 hypermarkets will downsize, reflecting a broader European trend of consumers shifting to smaller stores.
Alcampo to Lay Off 710 Employees Amid Hypermarket Decline in Spain
Alcampo, owned by Auchan, will lay off up to 710 employees and close 25 stores in Spain due to declining hypermarket sales; 15 hypermarkets will downsize, reflecting a broader European trend of consumers shifting to smaller stores.
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