Restructuring events
European Restructuring Monitor (ERM)
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.
Department store Allders will close down by the end of September 2012 resulting in the loss of up to 850 jobs in Croydon, UK.
The store was placed into administration in June 2012. According to the store's administrators, the closure of the business came after the last potential buyer withdrew from negotiations.
Eurofound (2012), Allders, Bankruptcy in United Kingdom, factsheet number 74142, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74142.