Vidal Supermarkets Suffer

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THE Valencian based supermarket chain, Vidal, has announced that due to the downturn in its profits, it will be cutting a third of its workforce and some 150 workers will be made redundant.

The family firm recently announced a downturn of 70% in its turnover in recent years and it has already sold 39 of its 55 supermarkets (Consum and Mas y Mas ). The chain now stands at 16 supermarkets. 

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One local casualty will be the La Nucia Vidal store, with the loss of 19 jobs, and adding to the already high unemployment in the area.

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