Amsterdam-based Blokker, a prominent household retail chain, ceased its operation at most of its locations after filing for bankruptcy in November 2024.
The company, which had struggled with financial difficulties for years, closed approximately 350 of its remaining 400 stores by the end of December, reports NLTimes.
Only about 40 independently operated franchise locations continue to function, as they operate under separate ownership, paying fees to use the Blokker brand and sell its products.
Blokker raises €103M in bankruptcy sale
According to the report by RetailTrends, the bankruptcy process concluded with a liquidation sale that generated €103M, marking the end of Blokker’s widespread retail presence in the…