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.
The Dutch computer retailer Paradigit announced bankruptcy early in 2016, with a resulting loss of at least 100 employees - half of the chains staff - and the closure of all but three stores. Five of the nine closed stores were located in V&D department stores, which have also closed due to bankruptcy as reported here in the ERM. The remaining three stores will be bolstered by a digital shop.
Eurofound (2016), Paradigit, Bankruptcy in Netherlands, factsheet number 86574, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86574.