Overview
- The filings cover the locations in Mülheim an der Ruhr and Ratingen, affecting about 75 employees.
- Both stores will stay open for the coming months with assortments available and ongoing promotions continuing, according to company statements.
- The operator hagebaumarkt Mülheim an der Ruhr GmbH cited sharply increased rental costs, with prolonged roadworks near the Ratingen site depressing customer traffic.
- The affiliated Baustoffzentrum Wilhelm Harbecke GmbH of the Buhren family is not affected by the proceedings, and Hagebau says it will support the local partner through the process.
- The strain reflects wider pressures in the DIY sector, which saw a 1.2% sales dip in 2024 yet remains above 2019 levels, with rivals such as Hammer and Hellweg reported to face similar challenges.