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Munich
Monday, January 30, 2023

Kika/Leiner managing director: “No closures”

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“Der Standard” (weekend) had previously quoted Gütebier as saying: “Due to the circumstances, a few houses are no longer suitable for meeting our requirements for a modern furniture store.”

“All furniture stores will be preserved,” said Gütebier. Investments are being made in IT and online. The kitchen studios called Eskole will also continue to expand and nothing will be closed. “The current situation is of course challenging, but we are doing everything we can to continue to put the company on a stable footing,” says Gütebier today. We are also looking for qualified employees. The “Standard” report said four to 15 of the 42 Kika/Leiner locations were for sale.

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In the balance sheet from September 30, 2021, Leiner & Kika Möbelhandels GmbH has 3,750 employees and a turnover of 740 million euros. In their books there is a balance sheet loss of almost 84 million euros. It was not far from a black zero, says Gutebier. In recent years – Benko has been the owner for around four years – “improved dramatically”.

Source: Nachrichten

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