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.
North East (England); Northumberland, Durham and Tyne & Wear; Tyneside
Location of affected unit(s)
Tynedale Park
Sector
Wholesale / Retail 47 - Retail trade 47.7 - Retail sale of other goods, except motor vehicles and motorcycles 47.75 - Retail sale of cosmetic and toilet articles
170 jobs Number of planned job losses
Announcement Date
12 July 2004
Employment effect (start)
Foreseen end date
Description
Merchant Retail, which generates most of its sales from the Perfume Shop, is to sell its Joplings store at Tynedale Park, Northumberland. At least 170 staff are expected to lose their jobs but the company said it hoped the remainder of its staff could be kept on by future buyers.
Sources
12 July 2004: The Guardian
Citation
Eurofound (2004), Merchant Retail, Closure in United Kingdom, factsheet number 60444, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60444.