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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale In Non-Specialised Stores 47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
300 jobs Number of planned job creations
Announcement Date
26 January 2021
Employment effect (start)
1 April 2021
Foreseen end date
31 December 2021
Description
The American retail group is to open its second shop in France, at Pontault-Combault (Seine-et-Marne), in mid-November, with 300 new jobs. Costco plans to start recruiting in early summer. 95% of the new hires will come from the geographical area arround Pontault-Combault.
On 8,000 square metres, private individuals and professionals will find around 3,500 products - twenty times less than in most hypermarkets in the classic supermarket sector, particularly in the food sector, which accounts for 50% of the products. A limited choice that allows the chain to offer prices 15 to 20% lower. The items are presented on pallets that replace the shelves.
Eurofound (2021), Costco France, Business expansion in France, factsheet number 103338, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/103338.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
