Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Pays-de-la-Loire and other 22 departments
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale In Non-Specialised Stores
47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating

130 - 230 jobs
Number of planned job losses
Job loss
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.


Sources

Citation

Eurofound (2011), Les Coopérateurs de Normandie-Picardie, Internal restructuring in France, factsheet number 71874, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71874.