EMCC European Monitoring Centre on Change

Système U

Company/Organisation:
Système U

Geographic Location

Country: France
Region: Ouest

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.1 - Retail sale in non-specialised stores
Number Employed: 6193
Group: Système U

Employment Effects

Announcement Date: 23-04-2007
Type of Restructuring: Business expansion
Employment Effect Start: 02-05-2007
Foreseen End Date: 31-12-2007
Planned Job Creation: 1000

Additional Information

The French co-operative 'Système U', an association of independent supermarkets, announced on 23 April 2007 that fourteen new stores will be created in the west of France. Système U Ouest, which currently employs 6,193 people in 700 stores, will create 1,000 new jobs between May and December 2007 in its 14 new stores. The business expansion will also bring an increase of System U's sale surface to 783,100 square metres in those 347 sites in the West of France where its market share exceeds 20%. In 2006, the sales turnover of the company rose by 4%, reaching 5.7 billion Euros (except fuel/oil). In April, Système U already announced difficulties to find candidates for jobs proposed.