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 47.71 - Retail sale of clothing in specialised stores
500 jobs Number of planned job creations
Announcement Date
27 February 2007
Employment effect (start)
Foreseen end date
Description
Discount fashion chain Peacocks has unveiled a 21.5 million GBP expansion, creating 500 jobs in the UK.
The Cardiff-based retailer plans to open 30 new stores, including sites at Manchester's Arndale shopping centre and Queen Street in Cardiff. The group, which owns the Bonmarche brand, also plans to revamp 25 of its key city stores across the country. Peacocks currently has 430 stores in the UK, employing 5,000 staff, and has 28 franchises overseas. The first Peacock store opened in Warrington in 1884. The chain now has franchises in Turkey, the Middle East, Ukraine and Russia.
Sources
27 February 2007: BBC News
Citation
Eurofound (2007), Peacocks, Business expansion in United Kingdom, factsheet number 65020, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65020.
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