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BRIEF-Kresta To Temporarily Close All Stores For 4 Weeks, Stand Down 130 People

Published 01/04/2020, 09:12 pm
Updated 01/04/2020, 09:18 pm
KRS
-

April 1 (Reuters) - Kresta Holdings Ltd KRS.AX :

* WILL TEMPORARILY CLOSE ALL STORES FROM 30 MARCH, FOR AN INITIAL PERIOD OF FOUR WEEKS UNTIL 27 APRIL

* TO STAND DOWN ABOUT 130 TEAM MEMBERS FROM 30 MARCH 2020

* ONLINE BUSINESS OPERATES AS USUAL

* FULL TIME AND PART TIME MEMBERS WILL HAVE ACCESS TO ANNUAL LEAVE AND LONG SERVICE ENTITLEMENTS

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