Page last updated at 15:26 GMT, Wednesday, 9 December 2009

Job losses as bakery chain closes

Croissant Gourmet, St Helier
There are four Croissant Gourmet shops in the island

A chain of bakery shops is to close in Jersey with the loss of 18 jobs.

Croissant Gourmet's owners said the outlook for the firm, which has four shops, looked "bleak" and it was going into voluntary liquidation.

Bob Lapidus, company director, told BBC Jersey, recession, the introduction of the Goods and Services Tax and changes in eating habits had led to the move.

All four branches, three in St Helier and one at Les Quennevais, are due to close on Thursday.

In a statement, the company's management said: "Over the last few weeks the directors have tried everything possible to turn the business around, including consultations with Jersey Business Venture and other specialists.

"Unfortunately the turnovers in the St Helier shops have plunged since the start of the economic downturn to the point where the future of the company looks bleak."

Print Sponsor

Bank announces island job losses
03 Sep 09 |  Jersey
Employment levels fall in Jersey
07 Oct 09 |  Jersey
Jobs go over tomato export slump
26 Nov 08 |  Jersey
Tax proposals 'mean job losses'
08 Aug 06 |  Jersey

The BBC is not responsible for the content of external internet sites

Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit


Sign in

BBC navigation

Copyright © 2016 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific