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Kodi discounter insolvency and restructuring

Updated 1 time since CLSTR started tracking revisions of this situation.

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2026-09-09 11:37 UTC → 2026-09-11 13:24 UTC · added removed

Non-food discounter Kodi Handels GmbH is undergoing restructuring following its application for insolvency proceedings under self-administration in July. The company has announced plans to close 19 confirmed the closure of its 144 stores, specifically those located 19 locations, all situated in North Rhine-Westphalia, citing a lack 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 economically viable prospects. While its 144 total branches, 69 locations are secured for continued operation, while the future of another 56 additional locations stores remains uncertain during ongoing negotiations, as negotiations proceed. In Oberhausen, the company expects 69 stores to remain operational. stated that the Sterkrade and Schmachtendorf locations are saved, and expressed optimism regarding a solution for the Bero-Center branch. Managing Director Fabian Grund stated previously noted that despite challenging circumstances, the company has secured many locations and jobs. Liquidation sales will begin at affected sites, with employee The company, which employs approximately 1,200 people, expects to issue terminations expected to employees at the closing locations following the formal expected opening of insolvency proceedings in early October.

Versions

  1. 2026-09-11 13:24 UTC Kodi discounter insolvency and restructuring
  2. 2026-09-09 11:37 UTC Kodi discounter insolvency and restructuring

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