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
100 jobs Number of planned job losses
Announcement Date
25 March 2010
Employment effect (start)
25 March 2010
Foreseen end date
Description
Independent supermarket Better Deals, in Strabane, Northern Ireland, is to cut more than 100 job losses when it ceases trading, expected to be by June 2010. It's owner blames competition from large supermarket chains, particularly the local Asda. Glyn Roberts of the Northern Ireland Independent Retail Trade Association said "There are over a dozen other out of town multiple applications right across Northern Ireland which pose a threat to numerous town centres and businesses like Better Deals who are unable to compete on such an unfair basis. We need urgent action by DOE Planning Service to reject these applications and prevent any further retail devastation of our town centres." The exact number of staff currently employed by the company, who will all lose their jobs, is not given.
Sources
25 March 2010: BBC Website
Citation
Eurofound (2010), Better Deals, Closure in United Kingdom, factsheet number 70336, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70336.
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