06-24-2024, 06:09 PM | #1 | ||
Reading till the spring
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German retailer Weltbild GmbH & Co. KG has filed for insolvency
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The email continues Quote:
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06-25-2024, 05:41 PM | #2 | |
Groupie
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This is the second time that Weltbild had to file for insolvency.
The last time was in 2014. (If you scroll down you will actually find a couple of threads about this from 10 years ago under "similar threads".) They released a statement on their website (in german) that says the company is being restructured and that things will continue to operate as usual. Google translation: Quote:
Also Weltbild is NOT Tolino... They are only one of multiple partners in the Tolino Alliance. Even if Weltbild were to go belly up, it would most likely have no significant impact on Tolino e-readers. |
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06-26-2024, 06:20 AM | #3 |
Weirdo
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As Thalia is still the biggest single shareholder of Tolino, we don't have to worry.
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06-26-2024, 01:02 PM | #4 | |
Reading till the spring
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08-14-2024, 01:36 PM | #5 |
Groupie
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Bad news.
Today Weltbild announced that their restructuring efforts have failed and that the company will be desolved at the end of the month. The 14 remaining stores are being closed at the end of August and all of the over 400 employees will be let go in September. -> https://www.focus.de/finanzen/news/i...260223524.html They have started a big closing sale with discounts of upto 80%. (The sale includes some Tolino accessories, mostly cases.) -> https://www.weltbild.de/sale/sale-aktion |
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