Type
Bankruptcy
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Trade, Except Of Motor Vehicles And Motorcycles
47 - Retail trade, except of motor vehicles and motorcycles

180 jobs
Number of planned job losses
Job loss
Announcement Date
18 March 2009
Employment effect (start)
Foreseen end date

Description

Apollo 2000, a retailer of electrical appliances which has gone into administration, is to cut up to 180 jobs. Administrators announced that all 12 company stores will close and the majority of the staff will be made redundant. As of 22 March 2009 there is no information on when the job losses will occur.


Sources

  • 18 March 2009: BBC News

Citation

Eurofound (2009), Apollo 2000, Bankruptcy in United Kingdom, factsheet number 68533, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68533.