Location of affected unit(s)
Wholesale Trade, Except Of Motor Vehicles And Motorcycles
Wholesale On A Fee Or Contract Basis
46.18 - Agents specialised in the sale of other particular products

11,750 jobs
Number of planned job losses
Job loss
Announcement Date
7 March 2012
Employment effect (start)
1 April 2012
Foreseen end date


At the end of January 2012, Schlecker, a major family-owned German drug store chain, filed for insolvency. 11,750 jobs cuts were announced.

The company could no longer manage a restructuring programme that was meant to raise competitiveness. On the 7th of March, the insolvency manager announced his restructuring plans for finding an investor. Plans comprised the closing of about half of all chain stores and the cutting of 11,750 jobs out of a total of 25.250. On 28 March, state subsidies to finance a job transfer agency for Schlecker employees were rejected by the Liberal Party. In the following, about 10,000 employees lost their jobs.

As reported in June, attempts to find investors for Schlecker subsidiaries Schlecker XL have not been successful. The Schlecker XL insolvency affects 1,100 employees.

UPDATE 09.10.2012: As reported in October 2012, Rossmann has hired about 2,000 of the redundant Schlecker workers, most of them from former IhrPlatz branches.


  • 29 March 2012: Financial Times Deutschland
  • 9 October 2012: Die Welt (online)
  • 29 June 2012: Frankfurter Allgemeine Zeitung
  • 28 June 2012: Süddeutsche Zeitung (Online)


Eurofound (2012), Schlecker, Bankruptcy in Germany, factsheet number 73257, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73257.