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
1,704 jobs Number of planned job losses
Announcement Date
7 November 2016
Employment effect (start)
21 September 2016
Foreseen end date
Description
Polish premium supermarket chain Alma Market has announced that it will cut 1,321 jobs via collective dismissal programme. The restructuring programme is associated with the company’s plans to shut down ten unprofitable shops across Poland and reduce the employment in the head office. The conditions of the programme are negotiated with the local trade union. Alma Market has also applied for bankruptcy as the company is facing financial problems.
Alma Market was founded in 1995; currently, the company has 40 stores and employs 3,100 workers across the country.
Update 7/11/2016: Alma Market has announced that it will cut further 383 jobs via collective dismissal programme. The restructuring programme will be implemented in the company’s headquarters. The cuts are related to the closures of unprofitable shops which were announced in September 2016.
Sources
21 September 2016: TVN24bis
23 September 2016: Strefa Biznesu
7 November 2016: Portal Spożywczy
Citation
Eurofound (2016), Alma Market, Bankruptcy in Poland, factsheet number 88741, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88741.
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