Krëfel NV in the news

Krëfel is receiving a 73 million euro capital injection from its French owner to support its restructuring efforts and return to profitability after recent losses.

Krëfel received 73 million euros from its French owners to renovate and reinvent the company by 2028 after cutting 180 jobs.

Krëfel's French owner is investing 73 million euros to revitalize the struggling electronics and appliance retailer, which has faced losses and job cuts since 2022, with a goal of operational break-even this year and stability by 2028.

Armed robbers stole dozens of laptops and held staff hostage at the Krëfel headquarters in Grimbergen.

Armed robbers held staff hostage and stole dozens of laptops during a ninety-minute heist at the Krëfel headquarters in Grimbergen.

Coolblue expands its physical retail presence in Belgium to enhance customer service while competitor Krëfel scales back operations and cuts staff.

Krëfel is closing its Schoten store on the Bredabaan due to lack of profitability and fierce competition from neighboring electronics retailers.

Krëfel is cutting 180 jobs and closing five stores to combat financial losses and heavy competition in the electronics market.

Electronics retailer Krëfel is shutting five stores and cutting 180 jobs due to mounting financial losses and fierce market competition.

Krëfel is closing five unprofitable stores and reorganizing its logistics and headquarters, leading to up to 180 job cuts due to long-standing financial difficulties.

Krëfel is closing its Schoten retail location on Bredabaan due to structural unprofitability and heavy competition from neighboring electronics chains.

A major restructuring plan involves cutting 180 jobs and closing five stores to address ongoing financial losses and ensure future competitiveness.

Krëfel plans to cut 180 jobs and close five underperforming stores as part of a restructuring plan.

Krëfel is cutting 180 jobs and closing five stores as part of a restructuring plan to combat years of financial losses and high competition.

Elke Laeremans joins Krëfel as Chief Technology & Transformation Officer to lead digital strategy amid the electronics retailer's financial restructuring.

Electronics retailer Krëfel is shutting down its kitchen division and closing 15 showrooms to focus on household appliances due to low profitability.

Krëfel expanded its Belgian retail footprint by opening its 76th store, a 1,200 m² location in Zoersel.

Krëfel's national 'Big Collecte' campaign successfully collected over 485 tons of old electrical appliances, a 25% increase from last year, and committed to planting trees based on the collected weight.

Krëfel invested 12.5 million euros to expand and centralize its distribution center in Humbeek, supporting its growing direct sales and plans for new store openings.

The Belgian Competition Authority approved the acquisition of Krëfel NV and its subsidiaries by HTM and Boulanger, determining it would not significantly restrict competition in the white domestic appliance retail market.