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.
As part of the restructuring of Morrisons supermarkets, the local convenience stores have been sold to 'My Local'. The stores will be rebranded and Morrisons workers will retain their jobs in the new stores. An additional 10 sites will be reopened which will create a further 200 jobs. My Local has signed a supply deal with the Nisa convenience store chain to allow it to purchase fresh produce from Nisa and other local suppliers. The locations of the 10 stores and the time frame for their reopening have not been reported.
Eurofound (2015), My Local, Business expansion in United Kingdom, factsheet number 85057, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/85057.