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Supermarket chain Marqt closes large branches

2019-07-15T10:17:11.436Z

Marqt closes the large stores it has in Amsterdam on Utrechtsestraat and in The Hague on Hofweg. This step is part of the new strategy, with only smaller stores of a maximum of 750 m2.


Marqt closes the large stores it has in Amsterdam on Utrechtsestraat and in The Hague on Hofweg. This step is part of the new strategy, with only smaller stores of a maximum of 750 m2.

The location in the capital was 2,048 square meters in size, the other location was 1,460 m2. A different location has now been found in The Hague, while a suitable space is still being sought in Amsterdam.

The supermarket chain signed five new lease contracts last year, three of which have since been opened. These locations meet the new requirement of store size.

Marqt was founded in 2008 and now has eighteen stores. The company has not made any profit since its establishment.

Last year, Joost Leeflang, chief executive officer, was given the mission to increase the number of branches to 45 or even 60. This did not work, and he resigned last June after disputes with shareholders about the strategy. At the end of June, all members of the supervisory board also resigned due to the chain's restructuring and strategy change.

Source: nunl

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