Multi -pad closes branches in NRW: Customers expect evacuation sales!

Multi -pad closes branches in NRW: Customers expect evacuation sales!

Multipolster, a well-known furniture retailer in Germany, closes two other branches in North Rhine-Westphalia. The locations in Mülheim an der Ruhr and Bielefeld-Mitte will be permanently closed on April 5, 2025. As early as December 2024, the company closed its branch in the Indupark in Dortmund after it had not been profitable since 2012. This step is part of a radical restructuring plan that was necessary in the face of the ongoing economic difficulties in the furniture industry. A big challenge for multi -pads is the falling demand; The sales of the German furniture manufacturers once again fell nominal by 7.4 percent to 16.4 billion euros, which has a negative impact on the profitability of the individual sales outlets, reports Ruhr24.de .

The location in Bielefeld is closed at Eckendorfer Straße 91-93, while the branch in Bielefeld-Brackwede is preserved. The Mülheim branch is located at Schultenhofstrasse 46, near the A40. The closures result in a clearance sale in which customers can count on discounts of up to 80 percent. Managing Director Roger Tosetto hopes that the regular customers will continue to visit the remaining branches in the region, in particular the locations in Bonn, Essen, Hilden and Cologne-Marsdorf, so Wa.de .

background and economic challenges

The closings are symptomatic of the current challenges of the furniture industry, in which many customers reduce their expenses due to increased living costs. Industry experts estimate that furniture retailers have to expect between six and eight percent in sales, which further complicates the situation for multi -pads. Furniture trade expert Sebastian Wilde emphasizes that many households restructure their expenses and invest more in food or energy than in furniture, adds sueddeutsche.de .

Multipolster, which was founded in 1990 near Chemnitz, now operates around 50 branches in nine federal states. In 2020, Hans Segmüller Polstermöbelfabrik GmbH & Co. KG acquired 75 percent of the shares and finally converted multipolsters into a 100 percent subsidiary, which has been fully sailing under its flag since June 2023. However, the bankruptcy of the company due to the lack of profitability cannot be counteracted with this restructuring.