The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
(46 - 47) Wholesale / Retail 47 - Retail trade 47.1 - Non-specialised retail sale 47.11 - Non-specialised retail sale of predominately food, beverages or tobacco
250 jobs Number of planned job creations
Announcement Date
21 April 2017
Employment effect (start)
28 April 2017
Foreseen end date
31 December 2017
Description
It has been announced that the Co-op supermarket plans to open 12 new stores across Wales, resulting in the creation of 250 jobs. In addition to the new stores, the retailer is also planning a refit of around 20 other stores as part of a GBP 16 million (€18.7 million) investment programme. The first new store will open in Rossett, near Wrexham, in late April 2017, with the remaining 11 stores planned for locations across Wales throughout the remainder of 2017. The company which places locally sourced products at the centre of its business plan, has been the fastest growing convenience retailer for the previous year.
Sources
21 April 2017: Wales Online
Citation
Eurofound (2017), Co-op, Business expansion in United Kingdom, factsheet number 90949, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/90949.
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