Type
Business expansion
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Other Goods In Specialised Stores
47.71 - Retail sale of clothing in specialised stores

750 jobs
Number of planned job creations
Job creation
Announcement Date
8 January 2009
Employment effect (start)
8 January 2009
Foreseen end date
8 January 2011

Description

Peacocks, a retailer, has announced that it is to expand its number of stores with the creation of 750 new jobs. The company currently employs around 5,000 people at its 526 stores, but plans to open a further 50 stores over the next two years. The retailer has seen demand for its low-price clothes increase as a result of current financial conditions.


Sources

  • 8 January 2009: The Guardian

Citation

Eurofound (2009), Peacocks, Business expansion in United Kingdom, factsheet number 67780, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67780.