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 Of Cultural And Recreation Goods In Specialised Stores 47.61 - Retail Sale Of Books In Specialised Stores
50 jobs Number of planned job losses
Announcement Date
16 September 2024
Employment effect (start)
16 November 2024
Foreseen end date
Description
The Nosoli group, owner of the Furet du Nord chain, is considering a job protection plan (PSE) which could lead to the loss of 80 jobs, half in shops and half in support functions. The group plans to close 5 shops in Roubaix and Villeneuve d'Ascq (Nor), Annemasse (Haute-Savoie), Grenoble (Isère) and Bezons (Val-d'Oise). The group justifies this decision by the fragility of the book market and the vital need for reorganisation. The group hopes to negotiate with landlords to keep some shops open. Despite these difficulties, plans to open a shop in Tourcoing have not been abandoned. The Nosoli group is set to increase its workforce from 650 to 600 as a result of parallel job creations. To explain its decision, management points to the explosion in costs weighing on the bookshop, in particular increases in shop rents.
Eurofound (2024), Le Furet du Nord , Closure in France, factsheet number 201626, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201626.
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