Internal restructuring
United Kingdom
Location of affected unit(s)
Professional Services
Professional Services And Management Consultancy
Activities Of Head Offices; Management Consultancy Activities
70.10 - Activities of head offices

170 jobs
Number of planned job losses
Job loss
Announcement Date
13 June 2019
Employment effect (start)
Foreseen end date


Retail giant Arcadia Group has announced plans to cut a further 170 jobs. The announcement comes only days after the group confirmed that a CVA would result in the closure of 50 stores with the loss of around 1,000 jobs. According to reports, the group has decided to make the structural changes to augment the changes brought about by the CVA. For staff, the decision came as something of a shock, as it had been assumed that the CVA would be sufficient to bring about a change in fortunes. 



Eurofound (2019), Arcadia Group, Internal restructuring in United Kingdom, factsheet number 97972, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97972.