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.
Clothing retailer, Primark, has announced it will be creating 800 new jobs with the opening of 7 new shops in Brest, Nantes, Angers, Rouen, Mulhouse, Saint-Etienne and Grenoble. It will also expand its Lyon store, located in the Part-Dieu shopping centre. The company will be opening its new shops between the end of 2022 and the end of 2023.
Primark has been operating in France for 10 years and currently has 20 shops, employing 5,820 people, with a sales area of 100,000 square metres. Worldwide, the brand employs over 70,000 people in 14 European countries and the United States.
A previous restructuring announcement by Primark in France has been recorded in the ERM Database, concerning the creation of 350 jobs in 2016 (FR-Primark-2016).
Eurofound (2022), Primark, Business expansion in France, factsheet number 107907, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107907.
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