Overview
- Alinea, which a Marseille commercial court placed in liquidation Tuesday, will dismiss roughly 1,200 employees after failing to secure a viable buyer.
- Judges rejected the only full takeover bid from Romanian group SDC, citing financing concerns, and the bidder sent no representative to defend the offer in court.
- All 36 company‑run stores closed Sunday, with only seven franchised locations allowed to keep operating under different names as other retailers pursued only isolated sites.
- A works council meeting set for Thursday will map out the layoff plan, which unions say totals about €24 million, with the Mulliez owners adding more than €10 million in extra severance.
- The chain posted a €47 million loss on €162 million in 2024 sales after years of attempts to reboot the business, as big‑box rivals, discount chains, and online platforms eroded margins and traffic.