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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale In Non-Specialised Stores 47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
10,000 jobs Number of planned job creations
Announcement Date
18 May 2005
Employment effect (start)
Foreseen end date
Description
Supermarket group Sainsbury's has launched a drive to recruit 10,000 shop workers aged 50 and over as part of its drive to help give customers a 'quality, hassle-free festive shopping experience', the retailer said. This announcement came on the same day that they unveiled a sharp slide in profits, the company added that the trading environment remained tough, but it remained on track following the launch of its three-year recovery plan - Make Sainsbury's Great Again.
Sources
18 May 2005: BBC News
Citation
Eurofound (2005), Sainsbury's, Business expansion in United Kingdom, factsheet number 61592, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61592.
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