Darty's new CEO plans job cuts, says no sale planned

By Dominique Vidalon and Pascale Denis PARIS (Reuters) - Electronics retailer Darty plans to cut costs in its core French market to cope with the weaker economy, which could entail job cuts but no store closures, its new chief executive said on Tuesday. Regis Schultz, who joined as CEO on April 23, said Europe's third-largest electronics and appliance retailer behind Media-Saturn and Dixons Retail is not up for sale and relations with top shareholder, activist investor Knight Vinke, were good. ...



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