Internal restructuring
European Union
Location of affected unit(s)
Belgium, France, Spain, Switzerland
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Cultural And Recreation Goods In Specialised Stores
47.65 - Retail sale of games and toys in specialised stores

320 jobs
Number of planned job losses
Job loss
Announcement Date
2 October 2018
Employment effect (start)
15 October 2018
Foreseen end date


The Commercial Court of Paris has approved the plan for the takeover of the La Grande Récré toy stores chain by its current CEO. The court prefered its continuation plan to the Fnac Darty group's takeover offer. The project of Ludendo, the parent company of La Grande Récré, keeps 104 stores and 900 jobs of a total workforce of 1,220. The 88 stores in franchise were not affected.

The continuation plan provides for the group to separate from unprofitable subsidiaries and stores, particularly abroad (Spain, Switzerland, Belgium) to keep only stores in France, where Ludendo has 734 employees following a restructuring conducted this summer. This restructuring resulted in 260 job cuts. A previous restructuring involving 100 job cuts in France took place in in 2016.



Eurofound (2018), La Grande Récré, Internal restructuring in European Union, factsheet number 95632, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95632.