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 47.1 - Non-specialised retail sale 47.1 - Non-specialised retail sale
180 - 688 jobs Number of planned job losses
Announcement Date
3 September 2002
Employment effect (start)
Foreseen end date
1 October 2002
Description
Restructuring plan aims to save the mother house in the Netherlands. 32 stores of the chain were yielded to the group Colruyt. 20 other points of sale were yielded to the group Carrefour. The denomination of the company is changed into Spar Belgium SA.
Sources
25 June 2003: Les Echos
20 September 2003: Le Soir
Citation
Eurofound (2002), Laurus Belgium, Internal restructuring in Belgium, factsheet number 58927, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/58927.