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Kika/Leiner goes bankrupt – inventory is sold off

Summary by Die Presse
The restructuring of the furniture chain Kika/Leiner has finally failed. 17 branches are being closed and 1,350 employees are losing their jobs. What will happen to the outstanding customer orders and deposits?

8 Articles

Right

After Kika/Leiner had to file for bankruptcy for the second time, a restructuring plan was actually planned. However, as was announced on Wednesday, the furniture retailer withdrew this plan and filed for bankruptcy. The plan had actually been to wait until mid-January to decide what to do with the ailing furniture giant. By then, the insolvency administrator would have examined whether a positive forecast for the company's continued existence w…

·Vienna, Austria
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Lean Right

The restructuring of the furniture chain Kika/Leiner has finally failed. 17 branches are being closed and 1,350 employees are losing their jobs. What will happen to the outstanding customer orders and deposits?

·Vienna, Austria
Read Full Article
Lean Left

The furniture company filed for bankruptcy again in mid-November and looked for an investor for the restructuring. This was unsuccessful. 1,350 employees will lose their jobs, many customers will be left out in the cold

·Vienna, Austria
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For the Eugendorf furniture village, this is probably the biggest setback for now: the bankruptcy of kika. Today, bargain hunters were out and about trying to grab something cheap. This required patience, as the furniture store had to be closed temporarily due to the rush. The parking lots, which had been sparsely occupied in recent weeks, were overcrowded today. After the car industry and the collapse in real estate, the furniture industry is n…

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Since Wednesday it has been clear: the restructuring of kika/Leiner has failed. How are the employees coping with the bankruptcy? VOL.AT spoke to a long-time employee.

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The furniture chain filed for bankruptcy on Wednesday morning. The existing inventory is sold off. Around 1300 employees are affected by the decision. The insolvency administrator will review how to proceed with down payments made by the end of the week.

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der Standard AT broke the news in Vienna, Austria on Wednesday, December 4, 2024.
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