Insolvency shock: Kika/Leiner is in front of it-what does that mean for Tyrol?

Insolvency shock: Kika/Leiner is in front of it-what does that mean for Tyrol?

Tirol, Österreich - The Kika/Leiner furniture chain is in front of that! As tirol.orf.at , the company has announced its insolvency today. This disturbing development shows how tense the situation in inpatient trade and especially in the furniture industry. In the middle of increasing operating costs and intensive competitive pressure, the emergency of Roman Eberharter, the spokesman for the Tyrolean furniture trade, becomes clear: "The Kika/Leiner insolvency is another example of the enormous challenges that we are currently facing." Despite this critical situation, however, job opportunities are available in retail, since qualified workers are still being sought.

drastic cuts and change in the world of work

The problems of Kika/Leiner are not new. In recent years, the company has had to conclude several branches due to financial difficulties and thousands of employees, such as Kurier.at in detail. The number of employees recently dropped from 1,900 to 1,400, while sales decreased by 13 percent in the first half of the year. The company is currently planning to close 23 out of 40 locations by the end of July and to reduce the central departments drastically.

This bankruptcy is not only considered a sign of the continuing problems in furniture trade, but also as a wake -up call to the industry. The representatives of the Tyrolean trade urgently demand to improve the framework and promote innovations in order to ensure competitiveness. Wolfgang Feucht, a spokesman for the Tyrolean sales representative, sees a valuable resource for other trading companies in Tyrol in the former Kika/Leiner employees, despite the uncertainties that the bankruptcy brings.