Delhaize Greece pays its staff in cash | RetailDetail

Delhaize Greece pays its staff in cash

Delhaize Greece pays its staff in cash

Delhaize has decided to pay all of its 12,000 Greek employees in cash from now on, a move intended to help out the employees in a time of need especially as they are unable to withdraw large sums of money from the bank.

"Additional faith"

It is only a temporary measure, which will be lifted once the Greek banks have money again. "We want to show our appreciation for our staff, which can use the additional faith placed in them", a Delhaize spokesperson said.

 

The company has also seen consumer habits change over the past few weeks: Greek consumers now mainly focus on necessities with a lengthy expiration date, like toilet paper, pasta or flour - a demand Delhaize can easily meet at the moment. An increasing number of customers has also used their credit card for payments: the number of electronic payments has grown from 15 % to about 50 % of all transactions.

Questions or comments? Please feel free to contact the editors


“Urgent action needed against territorial supply constraints”

23/05/2018

(content provided by EuroCommerce) Speaking to mark the launch of the Benelux study on territorial supply constraints, EuroCommerce Director-General Christian Verschueren argued for the EU to act on big brands’ fragmentation of the European market.

Action owner 3i wants to keep chain after all

22/05/2018

Investor 3i wants to keep a hold of Action after all. Even though the owner made it seem like it was looking for a buyer, 3i now denies it.

Action owner wants to sell stake

18/05/2018

Action’s owner, investment firm 3i, aims to sell a part of the discount store chain next year. The Brits would want to sell a 35 % stake in the firm.

Belgian fund close to HEMA acquisition

09/05/2018

Belgian Core Equity holding is allegedly close to acquiring Dutch chain HEMA: a verbal agreement is apparently in place, all that is required are the signatures.

Walmart, not Amazon, will acquire Indian market leader Flipkart

07/05/2018

Despite Amazon’s attractive offer, Indian online retailer Flipkart has chosen for Walmart and (remarkably), Google owner Alphabet as the new owners of 75 % of Flipkart’s shares. The deal is said to be worth 15 billion dollar.

Alibaba's growth exceeds expectations

07/05/2018

Chinese retail group Alibaba has published better-than-expected quarterly results: turnover went through the roof, but its profit is under pressure because of increased investments.