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 Trade, Except Of Motor Vehicles And Motorcycles 47 - Retail trade, except of motor vehicles and motorcycles
250 jobs Number of planned job creations
Announcement Date
31 May 2006
Employment effect (start)
Foreseen end date
20 March 2009
Description
The Swedish furniture (manufacturer) giant Ikea has announced that it is to invest EUR 80m in opening a new store at Bayonne, deep in the south-west of France. 250 new jobs will be created in spring 2009. The group aims to attract around 1.5 million people that live in the region and currently have to travel to Ikea stores at Bordeaux, Toulouse or Bilbao. It has been proved that people in the area are more than happy to cross the France-Spain border to go furniture shopping.
Sources
1 June 2006: Les Echos
Citation
Eurofound (2006), IKEA, Business expansion in France, factsheet number 63568, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63568.
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