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.
The Kwik Save supermarket chain is to disappear in Scotland after owner, Somerfield, said it was abandoning the regions North of the border. About 51 outlets will be affected by the closure, which will cost up to 500 jobs. About 150 workers will be offered relocation.
Eurofound (2004), Kwik Save, Closure in United Kingdom, factsheet number 60328, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60328.