Shock for all decor and furnishing fans: The chain of stores "Butlers" (100 shops and more than 1000 employees) filed for bankruptcy on Monday!

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Actually, "Butlers" was very successful for years - but in recent times there seems to have been financial problems. Now those responsible have acted - they see in an insolvency proceedings a chance for "Butlers".

"We want to seize the opportunity to continue the trading business as smoothly as possible with the instruments of the Insolvency Code and to reposition ourselves in a competitive and competitive manner," said the provisional insolvency administrator. Jörg Bornheimer according to the Cologne Express.

Branches should not be closed initially, and the salaries of almost 1,000 employees are safe until March. How it goes on is still unclear - those responsible hope to get back on track.

Slew of big name retailers closing nationwide (May 2024).