Type
Business expansion
Country
Spain
Region
Este; Comunidad Valenciana; Alicante / Alacant
Location of affected unit(s)
Calpe
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Other Goods In Specialised Stores
47.78 - Other Retail Sale Of New Goods In Specialised Stores

100 jobs
Number of planned job creations
Job creation
Announcement Date
14 March 2024
Employment effect (start)
14 March 2024
Foreseen end date

Description

The French DIY chain Leroy Merlin has opened a new store in Calpe (Alicante), creating 100 new direct jobs after a total investment of 2.80 million Euros. The new shop, with a total surface of 3,200 square meters, becomes the 11th selling point in Alicante and the twenty-second in the Autonomous Community of Valencia. The store offers a wide range of products such as swimming pools, barbecues, and garden furniture, and it has spaces in showroom format such as floor exhibition. All in all, Leroy Merlin has 140 selling points located in Spain, with a total selling surface of 830,000 square meters. In 2022, Leroy Merlin sold for a total of 3,382 million Euros in Spain, with a net profit of 100 million Euros.

Leroy Merlin also announced several new business expansions in 2019 (Leroy Merlin-2019-ES) and 2021 ([https://apps.eurofound.europa.eu/restructuring-events/detail/106051))


Sources

Citation

Eurofound (2024), Leroy Merlin, Business expansion in Spain, factsheet number 200949, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200949.