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Schlecker insolvency: German drugstore chain to cut almost 1

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"Schlecker is future proved," stated interim administrator Arndt Geiwitz in Frankfurt, Germany, on February 29th. To establish a basis for a sustainable and continued use of the firm name sharp breaks are indispensable, however.

The number of shops – related to Schlecker – will be cut to around 3,000 locations. "With this more than 13,500 jobs will be saved with Schlecker in Germany," the company said. Such sharp breaks, however, are surprising experts as well as staff members of the drugstore chain. Surveyed these measures mean Schlecker cuts almost 12,000 jobs from a total of 25,000 and closes 2,400 shops from currently 5,400. Which shops will be affected will be published later. Information about the restructuring plan for the subsidiary „Ihr Platz“ shall be published soon.


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