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Gifi announces the abolition of about 300 posts and the closure of 11 stores

Summary by Le Parisien
The well-known French teacher had already restructured financially in January, but suffered from competition.

20 Articles

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Lean Left

On Thursday, 3 April, the French brand GiFi announced a social plan to reduce its workforce by 5%, out of a total of 6,000 people in France and close 11 of its 570 stores specializing in bazaar items. The day after this announcement, "Marne" went to taste "the GiFi experience" at the store in Thiais (Val-de-Marne), concerned by the closures, where regular customers are attached to the brand.

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Center

The discount chain, which has been in turmoil for several months, has announced that it will close 11 of its 570 stores, mainly in the northern half of the country. It has also announced that it will reduce its workforce by 5%, threatening more than 300 jobs. A total of 116 employees will be affected in the 11 brands that will close. - GiFi will close 11 stores: where are the outlets concerned? (Economy). TF1 INFO

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Lean Right

The French discount giant, after having just avoided bankruptcy, launched a drastic plan to win the market: 11 stores were closed and there were clear cuts in the workforce.

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Lean Left

The discount chain announced this Thursday, April 3rd that it will reduce its workforce by 5% and close eleven of its 570 stores in France.

·Paris, France
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Lean Left

Philippe Brochard, the operational director of Gifi since the implementation of the recovery plan of the bazaar company, continues his mission to ensure the sustainability of the company. Unsurprisingly, the wage bill...

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Lean Right

The group commits "an accelerated reorganization, in depth, with and by the teams, to refocus Gifi on its customers and on the performance of its model".

·Paris, France
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Le Parisien broke the news in Paris, France on Thursday, April 3, 2025.
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