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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Other Goods In Specialised Stores 47.71 - Retail sale of clothing in specialised stores
147 jobs Number of planned job losses
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73426.
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