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 Household Equipment In Specialised Stores 47.54 - Retail sale of electrical household appliances in specialised stores
650 jobs Number of planned job losses
Announcement Date
4 April 2013
Employment effect (start)
1 June 2013
Foreseen end date
Description
The electrical appliance retailer Darty has announced the closure of its Spanish operations in June 2013, with a loss of 650 jobs. The decision for the closure of the 43 stores is attributed to bad economic results and is part of a corporate restructuring plan affecting apart from Spain, Italy as well (Darty/IT/2012). For previous restructuring events affecting Darty in Spain see Darty/ES/2011.
Sources
4 April 2013: The Guardian
4 April 2013: Darty Group (press release)
4 April 2013: Cinco Días
Citation
Eurofound (2013), Darty, Closure in Spain, factsheet number 75200, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75200.
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