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
250 jobs Number of planned job creations
Announcement Date
23 November 2006
Employment effect (start)
1 January 2007
Foreseen end date
1 December 2007
Description
Marks and Spencer is to create 250 new jobs and invest more than 35 million GBP in improvements to its Northern Ireland stores. The firm's original store in Donegall Place, Belfast, is to be completely redesigned and extended. Other stores to be extended include the branches at Forestside, Castlereagh and Omagh. Marks and Spencer currently employs 2,000 staff in its 14 stores in Northern Ireland. The company's divisional executive for Ireland, Neil Hyslop, said the investment would cover seven stores, including three major redevelopments and extensions and a new Simply Food store. Work will begin early in 2007 and is due to be completed before Christmas 2007.
Sources
23 November 2006: BBC Website
Citation
Eurofound (2006), Marks and Spencer, Business expansion in United Kingdom, factsheet number 64504, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64504.
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