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.
Coop Normandie Picardie, a French retail group, announced that 182 employees are losing their jobs as its nine stores in the Eure and Seine-Maritime departments face imminent closure.
The closure is driven by it's exclusion from the Groupe U network, who claims repeated managerial shortcomings, leading to the termination of the cooperative’s relationship and the loss of 80 % of its product range and key systems. The layoffs will occur at the store level, with no explicit mention of voluntary or collective dismissals. The restructuring is expected to unfold in a single wave, with all job losses concentrated at the store sites across the two departments.
Eurofound (2026), Coop Normandie Picardie, Closure in France, factsheet number 300544, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300544.