Published in Furniture on 12-04-2014
Yoni Van Looveren
The construction of Ikea Zwolle has started and it will be the very first in the Netherlands to apply a new store concept.
The new concept is meant to create the most sustainable large-scale store in the Netherlands.
Credit rating agency Moody's is very concerned because Hema has postponed a repayment to parent company AMEH XXVI. The Dutch chain's total debt, some 750 million euros, and the dismissal of CFO Ivo Vliegen, are also a cause for concern for Moody’s.
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Dutch retailer Blokker has once again incurred substantial losses, and turnover almost halved. Still, its CEO sees "improvements" - and important issues with its online and Belgian activities.
Next month, Dutch retailer Blokker wants to evaluate its Belgian stores. The chain is haemorrhaging money and that may well cause another series of store closings, relatively shortly after the previous decommissioning round in 2017.