Blokker will open 40 stores in the Netherlands to rebuild the retail store chain that was declared bankrupt last year. The first 12 new stores were opened on Wednesday. The rest will open in the coming weeks, the store chain reported.
Blokker was declared bankrupt in November of last year. The chain, which was founded in 1896, was dealing with continuous losses and issues regarding the payments of debts before the bankruptcy.
Around 45 of the company’s 400 stores remained open during the bankruptcy. An average of 10 people will work in each store, Roland Palmer said. The cousin of Jaap and Ab Blokker purchased the brand name after the company had gone bankrupt in November.
The first 12 stores are opening in Alphen aan den Rijn,…
