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 47.59 - Retail sale of furniture, lighting equipment and other household articles in specialised stores
141 jobs Number of planned job losses
Announcement Date
25 July 2019
Employment effect (start)
1 August 2019
Foreseen end date
31 August 2019
Description
The Commercial Court of Rennes validated Little extra's offer to take over the brand 'Du Bruit dans la Cuisine', which was put into receivership at the end of January. Only 19 stores out of 34 will be kept. Dismissal will affect 141 employees (out of 260), including about 20 at the company's head office in Saint-Jacques-de-la-Lande. Difficulties encountered by the brand, according to a former manager, include a change in consumption patterns (less people using shopping centres and an increase in rents required by shopping centre owners), and the movement of 'yellow vests', which reduced sales volumes at the end of 2018.
Eurofound (2019), Du Bruit Dans La Cuisine, Merger/Acquisition in France, factsheet number 98254, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98254.
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