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.
Sports retailer, Go Outdoors will create 240 jobs across the United Kingdom as a result of expansion into the cycling market. The retailer is setting up dedicated bicycle sections within 51 of its 57 outlets. In addition, the company has opened six new super-stores to sell bikes and offer personalised bike fitting and servicing. The new concept stores are located in Milton Keynes, Lincoln, Coventry, Chatham and Scunthorpe in England as well as Newton Abbey in Northern Ireland. The decision follows a trial which saw a doubling of sales in bike and cycling equipment, and after the company launched its own brand of bikes, Calibre.
Eurofound (2016), Go Outdoors, Business expansion in United Kingdom, factsheet number 86820, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86820.