Czerwona Torebka dissolves discount store network

Dyskont Czerwona Torebka, a subsidiary of Czerwona Torebka retail group will be dissolved and liquidated in line with an extraordinary general meeting decision made on Wednesday, ISBnews agency informed. Such a decision has been made due to "a discrepancy with economic assumptions," the agency reported. Dyskont Czerwona Torebka is a discounter chain belonging to Czerwona Torebka group. As of the end of March, the network consisted of 38 units. WSElisted Czerwona Torebka had PLN 211 million of revenue in 2013.