Overview
- The company will shut roughly 50 stores across Europe in Q1 2026, including about 25 in Germany, and plans nine openings, one of them in Germany.
- Industry reporting says around 400 locations are under intensified monitoring for weak performance, with about 170 in Germany, figures KiK has not confirmed.
- KiK says most of its more than 4,200 European stores remain profitable and it has not published a list of closures while the network review continues.
- Employees are being told redeployment is typically possible thanks to the dense store footprint, though no numbers on transfers or job losses were provided.
- Local notices show closures already scheduled in places such as Hamburg-Bramfeld, where the last sales day is posted as 14 March 2026, as the retailer also rolls out shorter opening hours to cut personnel costs.