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.
British-owned retailer Marks & Spencer has announced 180 redundancies due to the planned closure of four stores in Ireland.
As announced the stores located in Mullingar, County Tullamore, and, in County Dublin, the Tallaght and the Simply Food stores in Naas and Dún Laoghaire, will close on 17 August 2013.
It is reported that the company is of the view that the four stores are not profitable enough.
For information on a previous restructuring see Marks & Spencer-IE2010.
Eurofound (2013), Marks & Spencer, Closure in Ireland, factsheet number 75754, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75754.