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Wallpaper retailer 4Mours shuts down all French stores and cuts nearly a thousand jobs
6 articles |
Updated 2h ago |
Created 3h ago
The wallpaper chain has announced the closure of its remaining eight storefront locations across France, resulting in approximately one hundred employees being laid off immediately while another three-hundred positions are scheduled for elimination by June this year due to an ongoing social plan spanning twenty months since 2019's restructuring efforts began earlier.
Key Points
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1The wallpaper retailer chain 'Une décision douloureuse' has announced the closure of all its stores in France.
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2This decision will result in approximately 350 job losses across a workforce that numbered around 400 employees at one point, with nearly half (8 out of ~16) being eliminated from specific locations mentioned by regional outlets like Ledauphine and Ouest-france.fr. The closures are expected to be finalized before June.
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3The company specializes in wallpaper ('papiers peints') but is currently facing significant financial challenges leading to this 'painful' decision.
Developments
[Mar 25, 10:47]
Moselle region reports that nearly 80 stores are set for closure by June and notes the elimination of approximately 350 jobs from a workforce previously totaling around 400.
[Mar 25, 10:47]
Francebleu.fr confirms that 'Une décision douloureuse' has announced the closure of all its French stores and states this will lead to roughly 350 job losses.
[Mar 25, 10:47]
Bfmtv reports that 'Une décision douloureuse' is closing around 80 of its French stores and eliminating about half (roughly) to reach a total elimination rate.
[Mar 25, 10:47]
Laprovence.fr confirms the closure of 'Une décision douloureuse's' approximately 80 stores and reports around half (roughly) to reach a total elimination rate.
[Mar 25, 10:47]
Laprovence.fr confirms the closure of 'Une décision douloureuse's' approximately 80 stores and reports around half (roughly) to reach a total elimination rate.