News | Small store concept

Back

Hornbach closes last but one Compact store

Hornbach underlines that the retailer is satisfied with the economic development of the Hornbach Compact pilot store in Bad Bergzabern.

Hornbach underlines that the retailer is satisfied with the economic development of the Hornbach Compact pilot store in Bad Bergzabern.

The German Hornbach group is closing its Compact store in Neunkirchen at the end of August. The Hornbach Compact was opened as second location in the new small store concept in June 2015. A third location was already closed by the company in May 2018.

The company explains the step with the fact that while Hornbach is satisfied with the economic development of the pilot store in Bad Bergzabern, sales and profit in Neunkirchen remain significantly below expectations, despite many further developments, a store extension in the garden sector and an optimisation of the purchasing process. According to the company, the decision does not affect the Bad Bergzabern concept nor the location.

|27 June 2019


More about the company
SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

Mr. Bricolage has sold almost all 65 own stores

The stricken French home improvement retail cooperative Mr. Bricolage has now sold 59 of its 65 stores owned by the headquarters. 49 of the locations View news...

Marisa F. Thalberg will head the marketing of Lowe’s in future

Lowe's announces the appointment of Marisa F. Thalberg as executive vice president, chief brand and marketing officer. Thalberg joins the company View news...

Clas Ohlson’s sales decrease by two per cent in December

Clas Ohlson's total sales in December decreased by 2 per cent to SEK 1.285 bn (EUR 122 mio), corresponding to an organic decrease of 2 per cent View news...

Considerable demand for eco building materials

Awareness of and demand for ecological building materials and products varies considerably between European countries. In Norway, Switzerland, France View news...