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 In Non-Specialised Stores 47.19 - Other retail sale in non-specialised stores
160 - 200 jobs Number of planned job losses
Announcement Date
8 November 2012
Employment effect (start)
31 January 2013
Foreseen end date
Description
Department store British Home Stores has announced that it is to close its flagship Cardiff store with the loss of up to 200 jobs. The store is due to be closed as the lease on the property ends in January 2012.
The company has said that it may open a new smaller store in Cardiff around six months after the closure, and that it is seeking to redeploy staff to other positions within the Acadia Group.
Sources
8 November 2012: Wales POnline
Citation
Eurofound (2012), British Home Stores (BHS), Closure in United Kingdom, factsheet number 74513, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74513.
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