Restructuring events
European Restructuring Monitor (ERM)
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.
Vergo Retail Ltd, owner of department stores such as Robbs of Hexham and Joplings in Sunderland, has gone into administration with the loss of 335 jobs. Nine stores across England will close in 4 weeks time, according to the administrators MCR, unless they manage to find a buyer.
Eurofound (2010), Robbs of Hexham and Joplings in Sunderland, Bankruptcy in United Kingdom, factsheet number 70554, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70554.