Fri, 08 Dec 2017 | ADMINISTRATION
A major Leamington business is facing hundreds of redundancies as its distribution centre looks set to close.
Wolseley UK’s national distribution centre in Harrison Way currently has all 170 jobs at risk, while another hundred positions at the business' head office are likely to disappear, too.
The company announced a restructuring plan in September of last year which included the closure of 80 branches and one distribution centre – resulting in the loss of around 800 jobs over two to three years.
“We originally announced a comprehensive transformation plan to improve our customer propositions and the efficiency of our business in September 2016," said a spokesperson for Wolseley.
“The plan set out a programme of investment in the business whilst simplifying our branch network and logistics facilities to improve our service to customers and lower our costs. To date, we have closed 38 branches with 200 redundancies. After completing more detailed analysis our expectations of the total UK headcount reductions remain broadly the same.
“We have briefed employees on an update to our transformation programme including a proposal to close a further 18 branches taking the total to 98 and the closure of our distribution centre in Leamington within the next 18 months with 170 roles put at risk of redundancy.
“Additionally, we propose 100 fewer administration and support roles in our UK headquarters in Leamington. The remaining 342 employees will be relocated to a new local site."
A leading face to face fundraising agency providing high quality private site campaigns. Long established company operating over 10 years. Operates from leasehold premises in London. Offers invited.
LEASEHOLD
Multi-faceted business opportunity developed by our clients in 2014 and now offered for sale due to the directors other business ventures. Owners have firmly planted the venue for live music particularly live jazz, blues, funk and soul. Any new buyer...
LEASEHOLD
Acorn's Healthy Option Pet Food Store. The shop is extremely well established and very well presented with a fantastic reputation; due to the good service and quality products the shop provides. Business has a lot of repeat customers, as well as the...
LEASEHOLD
|
18
|
|
Dec
|
High street clothing chain enters administration | ADMINISTRATION
A prominent high street clothing chain has collapsed into ad...
|
15
|
|
Dec
|
Two pub companies enter administration | ADMINISTRATION
Mitchell’s of Lancaster (Brewers) Limited and York Bre...
|
13
|
|
Dec
|
Harvard Technology Limited enters administration | ADMINISTRATION
A lighting company based in Normanton has been forced to eng...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources