Blokker has sold a large portion of its stock to Kooistra.com, a trading company from Leeuwarden. The company is acquiring 202 shipping containers filled with items from the bankrupt retailer.
Some containers are still at sea or in port, according to Kooistra.com’s lawyer. The stock, purchased before the bankruptcy and still unpaid, includes 10,000 pallets containing 16,000 different household products.
These items will soon be transported from Rotterdam port to storage in Leeuwarden. Blokker was declared bankrupt in November due to mounting debts and disappointing sales.
A clearance sale is ongoing, ending this year. By December 21, 100 stores will close early, and personnel will relocate to remaining open stores.
The purchase price for Kooistra.com remains undisclosed. The first €35 million recovered by Blokker’s administrator will be directed to Gordon Brothers, a US investment firm with priority due to lien rights.
Eric Kooistra, owner of Kooistra.com, is part of the family that previously owned Big Bazar, also acquired from Blokker before facing its own financial troubles. It remains uncertain if Blokker will make a business restart.
Source: NOS