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.
Wholesale / Retail 47 - Retail trade 47.1 - Non-specialised retail sale 47.1 - Non-specialised retail sale
639 jobs Number of planned job creations
Announcement Date
29 November 2007
Employment effect (start)
29 November 2007
Foreseen end date
Description
El Corte Inglés, a Spanish department store chain, has announced that it has created 639 new jobs in Jaen with the opening of a new store on 29th November 2007. The new store measures approximately 85,000 square metres. The firm has stated that other sites in Jaen, where 247 are employed, will continue to operate. Small businesses within the city have voiced concern as to the impact that the new store will have upon their trade within the city.
Sources
29 November 2007: El País
Citation
Eurofound (2007), El Corte Inglés, Business expansion in Spain, factsheet number 66058, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66058.
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