Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
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.
Eurofound (2024), Blokker, Bankruptcy in Netherlands, factsheet number 201981, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201981.