Restructuring events
European Restructuring Monitor (ERM)
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.
On 2 March 2010, Schlecker announced the closure of all 110 drugstores in the Netherlands by the end of 2010, resulting in the loss of 600 jobs. Fierce competition among drugstore chains was blamed for the closure. Those facing dismissal have been promised a 'solid' redundancy payment.
Eurofound (2010), Schlecker, Closure in Netherlands, factsheet number 70433, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70433.