Peacocks

Type
Internal restructuring
Country
United Kingdom
Region
Wales; South East Wales; Central Valleys and Bridgend
Location of affected unit(s)
Merthyr, Nantgarw, Ton Pentre
Sector
Wholesale / Retail
47 - Retail trade
47.7 - Retail sale of other goods, except motor vehicles and motorcycles
47.71 - Retail sale of clothing
147 jobs
Number of planned job losses
Job loss
Announcement Date
20 April 2012
Employment effect (start)
Foreseen end date

Description

Clothes retailer Peacocks has announced that it plans to cut 147 jobs at distribution depots in South Wales. The sites which will face job losses are Merthyr, Nantgarw and Ton Pentre. The company - bought by Edinburgh Woollen Mill out of administration earlier this year - announced that the loss of jobs was a result of the the loss of the company's international operations.

These job losses follow 3,100 redundancies that were made when the company went into administration.

Sources

  • 20 April 2012: The Western Mail

Citation

Eurofound (2012), Peacocks, Internal restructuring in United Kingdom, factsheet number 73426, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73426.