Type
Bankruptcy
Country
Netherlands
Region
Location of affected unit(s)
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale In Non-Specialised Stores
47.1 - Retail Sale In Non-Specialised Stores

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.