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 Retail trade Non-specialised retail sale 47.11 - Non-specialised retail sale of predominately food, beverages or tobacco
130 - 230 jobs Number of planned job losses
Announcement Date
15 April 2011
Employment effect (start)
19 April 2011
Foreseen end date
Description
Les Coopérateurs de Normandie, a supermarket chain, announced its plans to lay off 130 employees and relocate 100 people internally. The company intends to close shops of its discount chain Le Mutant and of its butcher's shop Rosbif; located in the départements la Sarthe and la Mayenne dans les Pays de Loire, Ille-et-Vilaine and Seine-Maritime. The management intends to adopt a social plan and close the stores before September. The main reasons behind this move are a large drop in consumer demand and the increasing competition in the discount market.
Eurofound (2011), Les Coopérateurs de Normandie-Picardie, Internal restructuring in France, factsheet number 71874, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71874.
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