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Thirteen of France's well-known 'Tati' discount stores to close down

Published 07/16/2019, 06:50 AM
Updated 07/16/2019, 06:56 AM
© Reuters.  Thirteen of France's well-known 'Tati' discount stores to close down

PARIS (Reuters) - Thirteen of France's well-known 'Tati' discount stores are to close down, in a move that could impact 189 jobs, said Tati's parent company GPG on Tuesday.

GPG bought Tati in 2017 and the closure of the shops comes as GPG integrates Tati stores with those of its other discount outlet Gifi.

Tati, well-known in France for its bright pink logo, started in 1948 when Jules Ouaki, a Tunisian and pioneer in the low-cost textile market, opened the first store in Paris' immigrant district of Barbes, just downhill from the Sacre Coeur church.

GPG said the historic Barbes store would remain open.

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