EMCC European Monitoring Centre on Change

Føtex

Company/Organisation:
Føtex

Geographic Location

Country: Denmark
Region: København og Frederiksberg kommuner

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
Group: Dansk Supermarked

Employment Effects

Announcement Date: 19-06-2003
Type of Restructuring: Internal restructuring
Planned Job Creation: 1000

Additional Information

The supermarket Føtex will hire 1000 more employees over the next two years in 10 new warehouses. Føtex is part of Danish Supermarket, which is in close competition with COOP Danmark. Føtex is in direct competition with Kvickly, belonging to COOP Danmark, which had to dismiss 400 employees im May 2003.