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 Of Other Goods In Specialised Stores 47.75 - Retail sale of cosmetic and toilet articles in specialised stores
1,178 jobs Number of planned job creations
Announcement Date
9 July 2017
Employment effect (start)
Foreseen end date
Description
Retail Group AS Watson has announced plans to create more than one thousand new jobs across the UK. The group which owns high street retail brands Superdrug, Savers and The Perfume Shop will open 30, 45 and 17 new stores creating 650, 450 and 78 new jobs respectively. The news comes despite the largely negative impact which the decision to leave the European Union has had on the retail sector. The new stores are expected to be opened over the coming twelve months.
Sources
9 July 2017: BBC Website
10 July 2017: Daily Express
Citation
Eurofound (2017), A.S. Watson, Business expansion in United Kingdom, factsheet number 91632, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91632.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
