Blokker cuts 440 jobs | RetailDetail

Blokker cuts 440 jobs

Blokker cuts 440 jobs

Dutch chain Blokker will undergo a restructuring program, which means 440 jobs in Holland will be cut, while its new formula will also be expanded more quickly. The board has already confirmed the news.

440 jobs cut

"Blokker is taking measures to strengthen its position in the "household" branch and to adapt itself to the needs of the contemporary consumer", a statement by the company stated. Blokker's wage cost "has to be aligned with the declining turnover in its stores", meaning that 440 store employees will be fired. The move will not harm any of the 100 franchise stores in this regard, but in total, 6 % of the employees will be shown the door.

 

The board also feels employees should be more flexible regarding their working hours and has filed a request for advice to its employee council. It has also announced it will talk to labour unions regarding a redundancy plan.

 

"Faith in the future"

Nevertheless, Blokker has faith in its future, general manager Jack Peters said. The company will continue its store and omnichannel investments. Blokker's online turnover has allegedly grown more than 40 % this past year, which clearly shows why it will keep investing in this area. "We have even grown our online turnover 65 % in the final quarter of 2014", the company said.

 

Its new physical store concept, tested over the past few months in 7 pilot stores, has also been considered a success as they have registered a clear turnover increase compared to the other stores. That is why the company will invest further to expand the new concept", Peters said.

Questions or comments? Please feel free to contact the editors


Walmart and Microsoft team up to beat Amazon

18/07/2018

Two major American companies join forces to try to beat the omnipresent threat of Amazon: Walmart (Amazon's biggest competitor in retail) and Microsoft (Amazon's main rival in cloud services) have signed a strategic partnership for the next five years.

Sales of PCs grows for the first time in six years

13/07/2018

For the first time in six years computer sales showed growth again: in the second quarter of 2018 they increased by 1.4%. According to research firms Gartner and IDC, the sales increase is mainly due to growth in business markets.

Retailhub Inspiration Tour: the customer journey becomes very different

09/07/2018

Thanks to Retailhub by RetailDetail, Antwerp has one more unique retail hot spot. Professionals can experience the future of retail in the Benelux' only retail inspiration platform, with 1250 sqm of innovative technology and huge trends.

Breakthrough in Karstadt-Kaufhof merger

05/07/2018

Canadian Hudson’s Bay and Austrian Sigma Holding have not reached a preliminary agreement about the merger of their respective department store chains Kaufhof and Karstadt: the Canadian company says it has only signed a letter of intent.

Alibaba CEO and Belgian PM discuss investment in Liège

04/07/2018

Alibaba founder Jack Ma has discussed a possible investment in Liège, Belgium with the country's prime minister Charles Michel. Afterwards no decisive statements were made by either party.

Toys "R" Us closes American stores amidst reboot hopes

02/07/2018

Final curtains for Toys "R" Us in the United States: all the stores have closed and 30,000 employees are laid off. Against all odds, some however still hope for a second life for the troubled chain.