Overview
- An internal list reported by Westfalen-Blatt indicates 66 of roughly 180 Hammer retail locations are slated for closure, though the company has not formally confirmed the full plan.
- Regional outlets report clearance sales starting as early as October 1, with some stores already proceeding after staff received internal notices.
- A Soest store said it will shut at year’s end with about ten jobs lost, and a local employee said 72 closures are planned by year-end following a sale to a new investor, which remains unconfirmed by the company.
- Earlier cuts hit the group’s Schlau wholesale arm, where about 50 of roughly 60 outlets were reported closed in recent weeks.
- Brüder Schlau filed in late June for insolvency in self-administration in Bielefeld, a provisional supervisor was appointed, and approximately 3,900 employees face ongoing uncertainty.