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.
Wholesale / Retail 47 - Retail trade 47.7 - Retail sale of other goods, except motor vehicles and motorcycles 47.7 - Retail sale of other goods, except motor vehicles and motorcycles
208 jobs Number of planned job losses
Announcement Date
17 May 2018
Employment effect (start)
17 May 2018
Foreseen end date
Description
The administrators of Countrywide Farmers, the UK-based farming and agricultural retail company, have announced that 208 employees have been made redundant. Staffs working at the company’s headquarters in Evesham, its logistics centre in Defford and 30 shops across England and Wales that have closed are affected.
The administrators stated that redundancies were unavoidable and “all affected staff have been informed and will be paid up to and including their last day of employment.”
When it went into administration in March 2018, Countrywide Farmers employed more than 700 people and had 48 stores. As 32 employees were made redundant in March, a total of 240 jobs have been lost at Countrywide Farmers.
Sources
17 May 2018: KPMG (Press release) May
23 March 2018: KPMG (Press release) March
17 May 2018: Farming UK Website
17 May 2018: BBC News Website
Citation
Eurofound (2018), Countrywide Farmers Plc, Closure in United Kingdom, factsheet number 94203, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94203.