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 5 March 2007 RNB announced that the retail chain JC will move its head office from Mölnlycke outside Gothenburg to RNB’s premises in Stockholm. Consequently 135 employees at the Gothenburg office will be made redundant and 90 new jobs will be created in Stockholm, which the employees at the Gothenburg office can reapply for.
In 2006, RNB (Retail and Brands) acquired the retail chain JC.
The move of JC's head office is expected to generate a yearly profit of 120 million SEK since the activities of RNB and JC can be better coordinated. RNB is a fashion and clothing company with several concepts targeting different consumer groups. JC targets young men and women aged between 14-25.
Eurofound (2007), JC, Relocation in Sweden, factsheet number 65052, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65052.