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.
Asda, the UK supermarket giant, is building upon the success of its non-food ranges, particularly George, the discount clothing line. The US-owned supermarket chain has secured a site in Walsall in central England to sell jewellery, clothing, DVDs and electrical goods. Asda declined to reveal how much it was investing in the new venture, but 100 staff are being hired for the 37,000 square feet venture at the Crown Wharf Retail Park.
Eurofound (2004), Asda, Business expansion in United Kingdom, factsheet number 60425, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60425.