EMCC European Monitoring Centre on Change

XXXLutz

Company/Organisation:
XXXLutz

Geographic Location

Country: Germany
Region: Ilm-Kreis; Thüringen
Location of affected unit(s): Arnstadt

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.59 - Retail sale of furniture, lighting equipment and other household articles in specialised stores
Number Employed: 22000
Group: XXXLutz-Gruppe

Employment Effects

Announcement Date: 30-08-2016
Type of Restructuring: Business expansion
Employment Effect Start: 01-01-2018
Foreseen End Date: 31-12-2022
Planned Job Creation: 100

Additional Information

Austrian furniture store chain XXXLutz will create between 100 and 400 new jobs near Erfurt. The company is building a new logistics centre for its e-commerce shop. The first construction phase will be finished in 2018. The investment for the construction work and the first 100 jobs amounts to €70 million. The company announced plans to create a total of up to 400 new jobs at this new site.

XXXLutz closed another logistic center and therefore cut 99 jobs in Mannheim in February 2016 (XXXLutz, 2016). The XXXL Group employs about 22,000 people in Europe.

Sources:

01-09-2016XXXLutz Press Release
30-08-2016Thüringer Allgemeine Online

Sources Links:

http://www.xxxlshop.de/cms/about/pressecenter/8796692084056

http://www.thueringer-allgemeine.de/web/zgt/wirtschaft/detail/-/specific/100-neue-Jobs-Moebelhaendler-XXXLutz-zieht-mit-Logistikzentrum-ans-Erfurter-Kre-969212839