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.
Wholesale / Retail 47 - Retail trade 47.7 - Retail sale of other goods, except motor vehicles and motorcycles 47.7 - Retail sale of other goods, except motor vehicles and motorcycles
700 jobs Number of planned job losses
Announcement Date
27 March 2003
Employment effect (start)
Foreseen end date
Description
Boots, the high street chemist and general retailer, announced today it will axe 700 jobs after pulling the plug on its health and beauty services business. The Boots brand Wellbeing Services will no longer exist and the retail stores selling it will close. Such outlets were to be found all over the UK.
Sources
27 March 2003: The Guardian
Citation
Eurofound (2003), Boots, Internal restructuring in United Kingdom, factsheet number 60252, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60252.