# Kodi discounter insolvency and restructuring

> Live situation record from CLSTR: https://clstr.news/situations/kodi-discounter-insolvency-and-restructuring
> Updated: 2026-09-09T11:00:00.000Z. Sources: 7. Developments: 2.

Non-food discounter Kodi Handels GmbH is undergoing restructuring following its application for insolvency proceedings under self-administration in July. The company has confirmed the closure of 19 locations, all situated in North Rhine-Westphalia. Affected cities include Ahaus, Alpen, Bochum-Drehscheibe, Duisburg-Rumeln, Düsseldorf-Oberbilk, Emmerich, Essen-Kupferdreh, Essen-Steele, Gelsenkirchen-Buer, Jülich, Kleve Herzogstraße, Königswinter, Mönchengladbach-Wickrath, Selfkant-Tüddern, Siegburg, Solingen Kirchstraße, Wuppertal-Vohwinkel, Wuppertal-Barmen II, and Zülpich.

Out of its 144 total branches, 69 locations are secured for continued operation, while the future of another 56 stores remains uncertain as negotiations proceed. In Oberhausen, the company stated that the Sterkrade and Schmachtendorf locations are saved, and expressed optimism regarding a solution for the Bero-Center branch.

Managing Director Fabian Grund previously noted that despite challenging circumstances, the company has secured many locations and jobs. The company, which employs approximately 1,200 people, expects to issue terminations to employees at the closing locations following the expected opening of insolvency proceedings in early October.

## Claims

- Kodi Handels GmbH will close 19 of its 144 stores. (corroborated by 3 sources)
- The future of 56 stores remains uncertain as negotiations continue. (corroborated by 3 sources)
- 69 stores are expected to remain open. (corroborated by 3 sources)
- The company applied for insolvency proceedings under self-administration in July. (corroborated by 3 sources)
- The 19 closing stores are all located in North Rhine-Westphalia. (corroborated by 3 sources)
- Kodi employs nearly 1,200 people. (corroborated by 3 sources)

## Timeline

### 2026-09-09: Kodi discounter to close 19 stores amid insolvency restructuring

Following insolvency proceedings, discounter Kodi is closing 19 stores in North Rhine-Westphalia, with 56 other locations facing uncertain futures.

7 sources. https://clstr.news/cluster/kodi-discounter-to-close-19-stores-amid-insolvency-restructuring

### 2026-08-12: KiK to close 300 stores across Europe in strategic restructuring

German retailer KiK is closing approximately 300 stores across Europe to focus on profitability over rapid expansion, planning to open 75 new locations to replace underperforming sites.

3 sources. https://clstr.news/cluster/kik-to-close-300-stores-across-europe-in-strategic-restructuring

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Cite as: Kodi discounter insolvency and restructuring. CLSTR, https://clstr.news/situations/kodi-discounter-insolvency-and-restructuring