Ariston in cost-cutting drive

ARC has been part of the Clicks ClubCard loyalty ecosystem since 2021, giving the two retail brands an established relationship ahead of the acquisition.

DIVERSIFIED agro-industrial concern Ariston Holdings (Ariston) is pursuing strategic cost-cuttings which includes, automation of operations and a staff rationalization program as it seeks to boost margins and return to profitability.The group is battling high operational inefficiencies which resulted in gross margins weakening by 10 percentage points to 22 percent in the six months ended March…

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