Wednesday, 23 December 2020
Mega World, the company that took over 123 Blokker stores in Belgium in February, has been declared bankrupt, with the jobs of all 650 employees now at risk.
Blokker sells mainly household goods, from kitchen equipment to soft furnishing and decoration. In the past few years the chain suffered losses from a switch by consumers to online shopping with the likes of Bol.com, as well as undercutting from even cheaper chains like Action.
In 2016 the company suffered a loss, and since then was struggling for life, when Dutch serial entrepreneur Dirk Bron stepped in this year to take over the chain in Belgium and rename it Mega World.
His promises were…
Read the full article at: https://www.brusselstimes.com/news/business/146705/blokker-parent-mega-world-is-bankrupt-650-jobs-at-risk/