Swiss perspectives in 10 languages

Manor department stores to cut 476 jobs across Switzerland

store
The company runs 59 department stores, 30 supermarkets and 27 restaurants. Keystone / Ennio Leanza

The high street retailer Manor has announced plans to reduce approximately 5% of its workforce due to online competition and the effect of coronavirus on sales.  

The company said the decision was part of a strategic transformation to bring its high street and online shopping arms closer together. The Basel-based firm has drawn up a redundancy plan. 

The company revealed that 91 out of 830 positions will be eliminated at the Basel headquarters and 385 in department stores across the country. Manor is a significant player in the Swiss high street with 59 department stores, 30 supermarkets and 27 restaurants. The company is owned by the Geneva-based holding company Maus Frères. 

There are no plans to close any subsidiaries though, as the group regularly assesses the profitability of the various sites, said a company spokesperson. In Zurich, where Manor had had to abandon its flagship location on Bahnhofstrasse after a lengthy dispute with landlord Swiss Life, the company is still “intensively” looking for an alternative solution, the spokesperson added. 

The retailer, under pressure from e-commerce and weakened by the coronavirus pandemic, wants to accelerate multi-channel distribution by bringing together purchases made in its stores and online. 

“The coronavirus crisis has hit the non-food sector within the retail trade hard, but it has also had a catalytic effect,” said CEO Jérôme Gilg, and that “the acceleration in our e-commerce activities is in line with our two-year progress strategy”. 

Manor’s stated objective is to increase the current share of online commerce fivefold by the end of 2024. The management wants to focus on fresh products and gastronomy in the food segment and on fashion, beauty, interior decoration and household items in the non-food segment. 

Popular Stories

Most Discussed

News

Gestational diabetes increases the risk of adult-onset diabetes

More

Gestational diabetes found to increase risk of adult-onset diabetes

This content was published on A research team from the Lake Geneva region has identified persistent dysfunctions in glucose regulation in women with gestational diabetes. In the long term, this can increase the risk of adult-onset diabetes by up to ten times.

Read more: Gestational diabetes found to increase risk of adult-onset diabetes
The Graubünden village of Brienz has to be evacuated by midday on Sunday

More

Swiss village must be evacuated by midday on Sunday

This content was published on The village of Brienz-Brinzauls in eastern Switzerland, which is threatened by a rockfall, must be evacuated by 1pm on Sunday. All residents must leave the village.

Read more: Swiss village must be evacuated by midday on Sunday
Former judge in Chur found guilty of rape

More

Former Swiss judge found guilty of rape

This content was published on A former judge of the Graubünden Administrative Court in eastern Switzerland has been found guilty of rape, sexual harassment and threatening a former trainee.

Read more: Former Swiss judge found guilty of rape

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative

You can find an overview of ongoing debates with our journalists here . Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR