Schrijf je in voor onze dagelijkse nieuwsbrief om al het laatste nieuws direct per e-mail te ontvangen!

Inschrijven Ik ben al ingeschreven

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber
App icon
FreshPublishers
Open in the app
OPEN

Retail chain’s survival to be decided in high-stakes March ruling

A major French home-furnishings retailer will discover whether it can continue operating after a decisive court hearing set for 5 March, following a period of judicial recovery triggered by mounting financial losses.

© Oleg Dudko | Dreamstime

Seven potential buyers have submitted expressions of interest in Alinea, although most proposals involve acquiring only selected outlets rather than the entire business. One offer reportedly covers a wider scope that could preserve up to 575 jobs. Final bids must be lodged by 2 March, shortly before the court evaluates the plans and determines the company's future.

Employee representatives have voiced concern that partial takeovers could result in widespread store closures and significant redundancies if no comprehensive solution emerges. The retailer has already undergone restructuring in recent years, making this ruling particularly consequential for its long-term viability.

The commercial court's decision will determine whether the brand is rescued, broken up, or forced into deeper contraction, with implications for hundreds of employees and its nationwide store network.

Source: Meuble-info.fr

Publication date:

Related Articles → See More