Wednesday, March 22, 2023

Wild sales rumors surrounding Manor

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“False report” according to the owner

Wild sales rumors about traditional department store Manor

According to media reports, the traditional house Manor will soon be in new hands. However, Blick has an internal memo from the owner Maus-Frères, which speaks to employees of a “false report”. But the speculation is not over with that.

Published: 6 minutes ago


Updated: 5 minutes ago


Manor has 59 department stores in Switzerland.


Patrick Bergerreporter economy

The rumor mill is churning. And how! The department store group Manor is apparently looking for a buyer. “After more than 100 years, the two Swiss retail dynasties Maus and Nordmann are about to break their family tradition: their Manor department store chain is to be sold,” writes the “Handelzeitung”. According to industry insiders, owner Maus Frères is looking around for a buyer for Manor. Various independent sources would have reported this to the newspaper.

“Manor has been for sale for a long time,” says a Swiss retail expert. And: “The dossier was already available before the pandemic. And has been circulating again for a few months.” Another insider can be quoted: “It’s quite possible that we will hear about the sale next week.”

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