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Name | Symbol | Market | Type |
---|---|---|---|
Vodafone Group PLC | NASDAQ:VOD | NASDAQ | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.04 | 0.46% | 8.65 | 8.47 | 9.10 | 8.69 | 8.59 | 8.67 | 3,904,598 | 05:00:08 |
By Oliver Griffin
Vodafone Group PLC (VOD.LN) is to close 15% of its European retail outlets as part of a transformation of its wider estate which will see 40% of its stores upgraded.
A spokesperson for the telecommunications company confirmed in an email Tuesday comments made by CEO Nick Read.
Vodafone will turn 40% of its stores into larger stores focused on customer experiences, express stores or click-and-collect kiosks, the spokesperson said.
Vodafone is undertaking the planned transformation because the company expects 40% of its sales to be digital by the end of March 2021.
Write to Oliver Griffin at oliver.griffin@dowjones.com; @OliGGriffin
(END) Dow Jones Newswires
October 08, 2019 10:58 ET (14:58 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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