Type
Internal restructuring
Country
Netherlands
Region
Location of affected unit(s)
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Cultural And Recreation Goods In Specialised Stores
47.61 - Retail sale of books in specialised stores

130 jobs
Number of planned job losses
Job loss
Announcement Date
20 May 2021
Employment effect (start)
20 May 2021
Foreseen end date

Description

Boekenvoordeel, a chain of bookstores in the Netherlands and Belgium, is planning to close 11 to 21 of its 86 Dutch stores. The closure will lead to about 130 job cuts. The Dutch branch of Boekenvoordeel went into bankruptcy in April 2021, as the stores were forced to close for a long time due to the COVID-19 pandemic. In the coming weeks, the company will announce the final number of stores that will be restarted. 

Boekenvoordeel is a chain of bookstores with 86 stores in the Netherlands and 26 stores in Belgium.


Sources

Citation

Eurofound (2021), Boekenvoordeel, Internal restructuring in Netherlands, factsheet number 104921, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/104921.