Restructuring events
European Restructuring Monitor (ERM)
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.
The supermarket chain Lidl Italia announced an expansion plan called 'Lidl for Italy' which foresees 2,000 new hirings and the opening of 50 new sales points by the end of 2020.
The 'Lidl for Italy' plan is considered by the management as a contribution to the country's recovery after the phase of lockdown which accompanied the COVID-19 pandemic. The plan is based on three main pillars: real estate and logistics investments, the creation of new jobs, and the valorisation of the Italian agricultural production.
Today Lidl's staff in Italy amounts to around 16,500 workers employed in 660 sales points and 10 logistics platforms. Lidl operates in 29 countries around the world, and counts 10,800 stores and approximately 287,000 employees.
Eurofound (2020), Lidl Italia, Business expansion in Italy, factsheet number 101138, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101138.
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