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
1,300 jobs Number of planned job creations
Announcement Date
30 November 2004
Employment effect (start)
Foreseen end date
1 December 2009
Description
ALDI the discount food retailer already has 278 outlets in the UK, and wants to expand to 450 shops within five years part of a £500 million expansion drive. It would then be employing an extra 1,300 people, taking its UK workforce to 4,300.
The German chain, the ninth-largest retailer in Europe by sales volume, believes it can eventually build a network of 1,500 shops.
Sources
30 November 2004: The Scotsman
30 November 2004: The Guardian
Citation
Eurofound (2004), Aldi, Business expansion in United Kingdom, factsheet number 60777, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60777.
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