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 American retail group is to open its second shop in France, at Pontault-Combault (Seine-et-Marne), in mid-November, with 300 new jobs. Costco plans to start recruiting in early summer. 95% of the new hires will come from the geographical area arround Pontault-Combault.
On 8,000 square metres, private individuals and professionals will find around 3,500 products - twenty times less than in most hypermarkets in the classic supermarket sector, particularly in the food sector, which accounts for 50% of the products. A limited choice that allows the chain to offer prices 15 to 20% lower. The items are presented on pallets that replace the shelves.
The first shop has been opened at Villebon-sur-Yvette in 2017 with 300 job creations too.
Eurofound (2021), Costco France, Business expansion in France, factsheet number 103338, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/103338.