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 47.5 - Retail sale of other household equipment 47.52 - Retail sale of hardware, building materials, paints and glass
150 jobs Number of planned job losses
Announcement Date
4 August 2009
Employment effect (start)
Foreseen end date
4 August 2009
Description
In recent months, 150 dismissals have been enacted with the closure of DIY and homeware 4-Home stores throughout Ireland. The company blames the recession's impact on consumer confidence which has decreased demand by reducing discretionary spending on home improvement.
Eurofound (2009), 4-Home, Closure in Ireland, factsheet number 69704, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69704.