on TERACT (EPA:TRACT)
TERACT Refocuses on Core Businesses to Maintain Garden Centre Leadership
TERACT is implementing a new strategic phase to reinforce its leadership in the garden centre market. The company plans to consolidate its growth model and enhance performance by returning the Gamm vert network to full franchising by 2026. This move aims to utilize a proven, flexible business model effectively.
Additionally, TERACT is set to sell its Bio&Co stores in autumn 2025, redirecting investments towards its core areas. The company will also conclude the Noé, la Maison des Animaux experiment by the end of 2025. A reorganization of support and logistics in the Garden Centre/Pet Retail sector is planned, potentially affecting up to 59 positions. This aims to strengthen competitive advantages and ensure sustainable investments in pricing and renovations.
TERACT's initiatives are designed to solidify its market position and align with evolving customer expectations.
R. H.
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