Type
Internal restructuring
Country
Belgium
Region
Location of affected unit(s)
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale In Non-Specialised Stores
47.1 - Retail sale in non-specialised stores

180 - 688 jobs
Number of planned job losses
Job loss
Announcement Date
3 September 2002
Employment effect (start)
Foreseen end date
1 October 2002

Description

Restructuring plan aims to save the mother house in the Netherlands. 32 stores of the chain were yielded to the group Colruyt. 20 other points of sale were yielded to the group Carrefour. The denomination of the company is changed into Spar Belgium SA.


Sources

  • 25 June 2003: Les Echos
  • 20 September 2003: Le Soir

Citation

Eurofound (2002), Laurus Belgium, Internal restructuring in Belgium, factsheet number 58927, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/58927.