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
300 jobs Number of planned job creations
Announcement Date
21 October 2016
Employment effect (start)
21 October 2016
Foreseen end date
31 May 2017
Description
The second largest US retailer Costco has announced to open its first shop in France. It will open by April or May 2017 in Villebon-sur-Yvette (Essonne), in the Parisian area. In the meanwhile, the group is recruiting 50 to 60 employees for its headquarter that is also located in Villebon-sur-Yvette. At the beginning of 2017, Costco will start to recruit 250 employees for its shop.
The group expects to open between 12 and 15 shops in France in the next 10 years.
Sources
21 October 2016: Le Monde
Citation
Eurofound (2016), Costco, Business expansion in France, factsheet number 88949, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88949.
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