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 47.7 - Retail sale of other goods, except motor vehicles and motorcycles 47.71 - Retail sale of clothing
750 jobs Number of planned job creations
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://apps.eurofound.europa.eu/restructuring-events/detail/67780.