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.
Bed retailer Sleep Depot has announced that it will close. The firm had 100 plus outlets nationwide, 72 of them in Land of Leather stores. 367 jobs are expected to be lost and administrators Kroll has announced that it is in the process of speaking to employees to make them aware of the firms situation. No timescales have been given for the job losses yet.
Eurofound (2008), Sleep Depot, Closure in United Kingdom, factsheet number 66477, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66477.