Type
Bankruptcy
Country
Netherlands
Region
Location of affected unit(s)
Sector
Wholesale / Retail
Retail trade
Non-specialised retail sale
47.1 - Non-specialised retail sale

3,500 jobs
Number of planned job losses
Job loss
Announcement Date
13 November 2024
Employment effect (start)
13 November 2024
Foreseen end date
31 March 2025

Description

Blokker, a well-known retail chain headquartered in Amsterdam, operating across the Netherlands, has filed for bankruptcy. This announcement affects all its 400 non-specialized retail stores nationwide. Blokker, which specializes in home goods and small appliances, has been facing financial difficulties due to declining sales and increased competition from e-commerce. The bankruptcy will lead to significant job losses across its chain of stores. Details such as the timeline for store closures are still being finalized. Blokker has historically been a key player in the Dutch retail market.


Sources

  • 13 November 2024: Het Financieele Dagblad (fd.nl)
  • 14 November 2024: Het Financieele Dagblad (fd.nl)

Citation

Eurofound (2024), Blokker, Bankruptcy in Netherlands, factsheet number 201981, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201981.