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VOD Vodafone Group Plc

67.00
0.62 (0.93%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vodafone Group Plc LSE:VOD London Ordinary Share GB00BH4HKS39 ORD USD0.20 20/21
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.62 0.93% 67.00 66.74 66.78 67.10 65.80 66.50 69,079,375 16:35:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Radiotelephone Communication 45.71B 11.84B 0.4372 1.53 18.07B

Vodafone to Close 15% of European Retail Stores, Expects 40% of Sales to Be Digital by March 2021

08/10/2019 4:13pm

Dow Jones News


Vodafone (LSE:VOD)
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   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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