New Market Research Report: Electronics and Appliance Specialist Retailers in Norway
Expert Norge announced in 2013 that it was near bankruptcy. Expert lost value sales due to high administrative and operational costs. According to an article in Aftenposten, in August 2012 Expert was deciding whether to face bankruptcy or to continue with a new strategy. Expert decided to lay off 1,432 employees to reduce administrative costs in the company. The company decided to replace a large part of its management team. The company closed several stores and some other stores were...
View full press release