Lincolnshire Co-op

Type
Closure
Country
United Kingdom
Region
Yorkshire and The Humber; East Yorkshire and Northern Lincolnshire; North and North East Lincolnshire
Location of affected unit(s)
Lincoln
Sector
Transportation / Storage
52 - Warehousing, storage and support activities for transportation
52.1 - Warehousing and storage
52.1 - Warehousing and storage
111 jobs
Number of planned job losses
Job loss
Announcement Date
10 July 2017
Employment effect (start)
Foreseen end date

Description

Lincolnshire Co-op has announced plans to close two of its Lincoln distribution centres. The decision means that 111 jobs will be lost from warehousing and office staff. The outcome has been reached as part of a GBP 1 million (€1.1 million) cost cutting measure designed to keep prices competitive. The co-op has said that it hopes it will be able to redeploy some of the staff affected by the restructure. It is being reported that the statutory consultation period is already underway. This will determine whether any redeployment will occur and the timeframe for the closure.

Sources

  • 10 July 2017: Lincolnshire Live

Citation

Eurofound (2017), Lincolnshire Co-op, Closure in United Kingdom, factsheet number 91685, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91685.