Internal restructuring
Location of affected unit(s)
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale In Non-Specialised Stores
47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating

447 jobs
Number of planned job losses
Job loss
Announcement Date
11 July 2014
Employment effect (start)
Foreseen end date


Belgium-based food retailer Cora has announced its plans to implement a restructuring plan. As reported, 447 jobs are threatened. According to the sources, the food retailer chain reported for the previous year a net loss of €11, 5 million.

As mentioned, the negotiations will commence after August 2014.

Updated, 09-10-2014: Cora and trade unions agreed on details of the restructuring plan to be implemented. As reported, forced redundancies will be ruled out and the restructuring will take place by means of early retirement measures. The final number of affected jobs and the timeline of the restructuring are not yet known.


  • 11 July 2014: Standaard
  • 11 July 2014: Setca (Press Release)
  • 9 October 2014: De Tijd


Eurofound (2014), Cora, Internal restructuring in Belgium, factsheet number 77315, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77315.