After going bankrupt in February, Dutch toy store chain Intertoys announced on Friday that a number of its store would be closing, including at least three in Drenthe, two in Friesland and three in Groningen.
RTV Drenthe reports that the Intertoys branches in Kloosterveen in Assen, on the Derkstraat in Emmen and in Klazienaveen will be closing, and nine other locations will remain open in the province of Drenthe.
In Friesland, two locations – one in Wolvega and one on the Noorderbuurt in Drachten – will close. Three other locations will remain open in the province: Heerenveen, Dokkum and Leeuwarden.
Dagblad van het Noorden writes that three Groningen locations – Delfzijl, Leek and the Folkingestraat in the city of Groningen – are also set to close. That will leave locations in the city at the Vismarkt, the Zonnelaan, Stoepemaheerd and Lewenborg, one in Haren, and one in Roden.
The closing locations will have going out of business sales starting on Saturday. When news came out in February that the chain was in financial trouble, hundreds of customers rushed to the stores to try and redeem gift cards: in some cities, the situation got so out of hand with irate customers taking their frustrations out on the staff that several stores had to close.
On Friday, it was made known that Green Swan, a Portuguese company, was buying some of company’s assets, namely 120 stores. On Saturday, more details were set to be made known about the future of the chain. The Leeuwarder Courant reports that around one-third of all of the stores are expected to close and around 1,000 employees will be losing their jobs.
DutchNews.nl reports that Intertoys, which was founded in 1976, was sold by the Blokker group to Alteri Investors, a British investment company, in 2017. Intertoys is the largest toy store chain in the country with 350 locations, “of which around 100 are run by franchisees.” The franchise locations will be largely unaffected by the bankruptcy and takeover.
Phot source: Wikipedia