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 Household Equipment In Specialised Stores 47.52 - Retail sale of hardware, paints and glass in specialised stores
100 jobs Number of planned job creations
Announcement Date
1 October 2018
Employment effect (start)
1 June 2019
Foreseen end date
31 December 2019
Description
Bauhaus is expanding its e-commerce division by opening a new facility in Stockholm, Sweden. The number of new jobs created is between 100 and 150. The new facility is set to open during 2019.
Due to recent problems with delayed deliveries by subcontractors, Bauhaus is taking control of a larger portion of its distribution network by opening a new distribution facility in the Stockholm region. Bauhaus opened a similar facility in Gothenburg last year and the experience has been very positive. The expansion gives Bauhaus control of the whole delivery process from stock to end customer.
CEO of Bauhaus Sweden says that a stable and reliable delivery system is essential for the company due to the growing share of e-commerce. He further states that the success at the Gothenburg facility is what motivated the company to make this move in the Stockholm region.
Sources
Citation
Eurofound (2018), Bauhaus, Business expansion in Sweden, factsheet number 95584, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95584.
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