Type
Internal restructuring
Country
Netherlands
Region
Location of affected unit(s)
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Cultural And Recreation Goods In Specialised Stores
47.6 - Retail sale of cultural and recreation goods in specialised stores

100 jobs
Number of planned job losses
Job loss
Announcement Date
3 February 2011
Employment effect (start)
1 June 2011
Foreseen end date

Description

ECI, the book club, announced on 3 February 2011 that it will close all of its shops and hence dismiss 100 employees. Due to the ever decreasing number of members and the expensive cost of ECI stores, the company is focussing on a new strategy: online sale. From 1 June 2011 on, ECI will only have an online store.


Sources

  • 4 February 2011: De Volkskrant

Citation

Eurofound (2011), ECI, Internal restructuring in Netherlands, factsheet number 72118, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72118.