Elektronicaketen Block asks for postponement of payment to

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The Dutch elektronicaketen Block deferral of payment requested because of the bad economic situation in which the company is. The jobs of 180 workers at the elektronicaketen as possible on the trip.

Applying for a deferment of payment was to Nu.nl confirmed by Ed Block, who is co-owner of the elektronicaketen. According to the Block have increasing losses, partly as a result of competition from online stores, and poor prospects ensured that the bank has taken measures’. This has then ensured that the Block is in financial trouble is come, and his bills can’t pay.

Block is in the 20 stores, with the elektronicaketen particularly in the west of the country. A total of about 180 employees at the company; they are possible, their job lost, if the Block in the long term be declared bankrupt. Incidentally, it is also possible that the elektronicaketen by another company, is acquired; in this way it hopes to Block that employment is maintained.

Physical stores are already for a longer time under financial pressure, among other things, by economic crisis and increased competition from online stores. Research firm Booz & Company calculated that the retail space in the Netherlands in the coming years, with approximately 17 percent decrease.