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.
Folkestone, Thanet (Broadstairs), Sittingbourne, Kent, Basildon Vange, Essex and other locations
Sector
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Other Household Equipment In Specialised Stores 47.52 - Retail sale of hardware, paints and glass in specialised stores
1,000 jobs Number of planned job creations
Announcement Date
29 June 2017
Employment effect (start)
Foreseen end date
31 December 2017
Description
DIY chain Bunnings has announced plans to create 1,000 jobs. The Australian retailer, which owns the Homebase brand, will have 20 pilot stores in the UK by the end of 2017. This is double the originally expected 10 stores, and is in response to a positive reception from customers to stores that have already been opened. The pilot stores will be launched in a range of locations and will include both smaller and larger stores. The success, or otherwise, of the pilot stores will inform the chain's future investment strategy.
Sources
29 June 2017: The Telegraph
30 June 2017: Insider Media
Citation
Eurofound (2017), Bunnings, Business expansion in United Kingdom, factsheet number 91508, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91508.
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