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 Of Food, Beverages And Tobacco In Specialised Stores 47.2 - Retail sale of food, beverages and tobacco in specialised stores
650 jobs Number of planned job creations
Announcement Date
11 November 2008
Employment effect (start)
Foreseen end date
30 November 2011
Description
Aldi, the German supermarket chain, is to create 650 jobs across Ireland over the next three years. The company is to open 35 new stores nationwide where 490 jobs will be created; the other 160 jobs will be located at a new distribution depot to be based in Mitchelstown, Co. Cork where building is due to start in March 2009
Aldi has been operating in the country since 1999 and it currently has 59 stores with two more due to open by the end of November.
It is significant that the German-owned company is expanding when the Irish economy has entered a serious economic downturn. Aldi presents a competitive challenge to other retailers operating in Ireland; primarily because customers are attracted by its lower cost products.
Sources
12 November 2008: The Irish Times
Citation
Eurofound (2008), Aldi, Business expansion in Ireland, factsheet number 67400, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67400.
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