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 Other Goods In Specialised Stores 47.75 - Retail sale of cosmetic and toilet articles in specialised stores
350 jobs Number of planned job creations
Announcement Date
3 January 2006
Employment effect (start)
Foreseen end date
Description
Superdrug the health and beauty chain plans to open at least 35 new stores in the UK in 2006 as part of a major investment programme. It says the £14.6 million scheme will create 350 jobs, double the number of stores in central London and see an expansion into the Irish Republic. Locations for new stores include Alloa, Ayr and Wick in Scotland and Enfield and Harlesden in London. Superdrug is the UK's second largest health and beauty chain with 700 shops.
The expansion comes two months after rivals Boots and Alliance UniChem revealed they would merge in a £7 billion deal in an effort to thwart competition from supermarkets.
Sources
3 January 2006: BBC News
Citation
Eurofound (2006), Superdrug, Business expansion in United Kingdom, factsheet number 62774, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62774.
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