EMCC European Monitoring Centre on Change

XXXLutz

Company/Organisation:
XXXLutz

Geographic Location

Country: Austria

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: 8000

Employment Effects

Announcement Date: 16-02-2017
Type of Restructuring: Business expansion
Employment Effect Start: 16-02-2017
Foreseen End Date: 31-12-2017
Planned Job Creation: 200

Additional Information

Austrian furniture retailer XXXLutz will create between 150 and 200 new jobs in the upcoming year. The group will open two new stores, one under the trademark "XXXLutz" in Parndorf (Burgendland) and one under the "Möbelix" brand in St. Veit (Carinthia). Overall, XXXLutz is investing €240 million in business expansions across Europe, creating 1,200 new jobs, with the largest share going to stores in Germany.

The group is currently operating 237 stores and employs 20,800 people.