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 47.1 - Retail sale in non-specialised stores
134 jobs Number of planned job losses
Announcement Date
10 July 2015
Employment effect (start)
31 July 2015
Foreseen end date
30 September 2015
Description
French retail chain Galerie Lafayette has announced the closure of its store in Lille, which will result in 134 job cuts. Last March, the company announced to shut down two stores in Thiais (Val-de-Marne) and Béziers (Hérault) by the end of 2015. The decision led to the loss of 177 positions. At that time, the management announced the downsizing of its store in Lille by 30 positions. The company has now failed to renegotiate the loan of its store and has decided to announce the closure. Furthermore 140 brand employees not directly employed by Galerie Lafayette will lose their job too.
Sources
10 July 2015: Le Monde
Citation
Eurofound (2015), Galeries Lafayette, Closure in France, factsheet number 84263, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84263.
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