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.
ALDI the discount food retailer already has 278 outlets in the UK, and wants to expand to 450 shops within five years part of a £500 million expansion drive. It would then be employing an extra 1,300 people, taking its UK workforce to 4,300.
The German chain, the ninth-largest retailer in Europe by sales volume, believes it can eventually build a network of 1,500 shops.
Eurofound (2004), Aldi, Business expansion in United Kingdom, factsheet number 60777, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60777.