Type
Closure
Country
France
Region
Location of affected unit(s)
Bordeaux, Paris, Lille
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Information And Communication Equipment In Specialised Stores
47.41 - Retail sale of computers, peripheral units and software in specialised stores

200 jobs
Number of planned job losses
Job loss
Announcement Date
20 April 2012
Employment effect (start)
1 May 2012
Foreseen end date
31 August 2012

Description

On 19 April 2012, IT and high-tech products retailer Surcouf announced to cut 200 positionsdue to the closure of two of its six shops in France (in Bordeaux and Paris) and a logistics site. Surcouf has been placed in receivership since 29 February 2012 with a six-month observation period ('periode d'observation').

The restructuring includes a recovery plan, which was approved on 18 April by the commercial court of Lille. The turnover of the company decreased from 270 million Euro in 2009-2010 to 160 millions Euro in 2010-2011 due to supplying difficulties.


Sources

Citation

Eurofound (2012), Surcouf, Closure in France, factsheet number 73595, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73595.