Locked content Alma Market to be liquidated

The district court in Kraków has decided to discontinue restructuring of retail chain Alma Market, the company said in a statement. The retailer has decided to liquidate its assets instead. In mid-September Alma Market filed for restructuring proceedings in order to improve its financial situation a...

Locked content Alma announces redundancies

The delicatessen market which operates under the retail brand Alma announced in a press release on Saturday that it would lay off 425 employees, citing declining profits as the culprit. “The direct cause of redundancies is […] unprofitable retail outlets and the intention to reduce employment at the...

Locked content Participation in Alma restructuring possible: PKO BP

Large-cap bank PKO BP has not ruled out participation in the potential restructuring of defunct retailer Alma market, despite terminating its loan agreements with the troubled group, PKO BP spokesperson Łukasz Świerżewski told PAP. Alma shares nosedived on Wednesday after the company’s announc...

Locked content Alma Market to lay off up to 1,321 people

Polish retailer Alma Market is planning to carry out collective redundancies and lay off 1,321 employees. The move is caused by the planned closures of unprofitable outlets and scaling down operations, the company said in a filing. The company filed a motion in mid-September with a regional court in...

Locked content Merlin and Alma deploy Coolomats

Polish e-store Merlin.pl in cooperation with delicatessen chain Alma Market established a partnership with Coolomat, a producer of cooler terminals in order to launch the Merlinfood by Alma project, Merlin informed. Customers of the Merlinfood.pl e-store will be able to collect their shopping in one...

Locked content Alma Market to open new stores

Polish retailer Alma Market plans to open three to five new stores this year, which are to be located in Lublin, the Tri-city and the Warsaw agglomeration, the company announced on Tuesday. Meanwhile, Krakowski Kredens Tradycja Galicyjska is set to open three new stores in Białystok, Katowice and Wa...