Type
Bankruptcy
Country
France
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
47.61 - Retail sale of books in specialised stores

434 jobs
Number of planned job losses
Job loss
Announcement Date
10 February 2014
Employment effect (start)
17 February 2014
Foreseen end date
28 February 2014

Description

The liquidation of the books retailer network Chapitre will lead to the dismissal of 434 staff.

This was announced after the company had attempted to sell its 57 shops starting on 2 December 2013. Until 10 February, only 34 of the shops could be sold. As a result, 23 shops were closed the same day. The 434 dismissals include 100 at the company’s headquarters.

The union CGT decided to occupy bookshops, demanding higher allowances in the framework of the social plan.


Sources

  • 10 February 2014: Les Echos
  • 10 February 2014: Le Monde

Citation

Eurofound (2014), Chapitre, Bankruptcy in France, factsheet number 76588, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76588.