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.
On 11 March 2006, furnishing department store IKEA announced that it will close its branch in Sliedrecht. According to the board, this branch is too small for the IKEA concept. The location is not good enough to enlarge or replace the building. IKEA intends to relocate its 190 employees to other branches.
Eurofound (2006), IKEA, Closure in Netherlands, factsheet number 63432, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63432.