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Court declares Big Bazar bankrupt as workers go unpaid; 1,300 lose their jobs

The District Court in Amsterdam formally declared Big Bazar bankrupt on Tuesday. The discount retailer was struggling with financial problems for an extended period of time, but an increasing number of groups filed complaints about unpaid bills. On Monday, Big Bazar made one last-ditch effort at a rescue attempt during a court hearing in Leeuwarden, but their efforts failed. It also emerged that the company has not paid its staff any wages during the month of September, with all 1,300 expected to lose their jobs.

Deal chain Big Bazar went bankrupt, with 1,300 jobs gone

Deal chain Big Bazar went bankrupt, with 1,300 jobs gone
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Electronics chain BCC goes bust but relaunch not ruled out

Electronics chain BCC goes bust but relaunch not ruled out

Electronics chain BCC files for bankruptcy: report

BCC has filed for bankruptcy. The administrators of the electronics chain informed its employees on Thursday morning, and various sources within and around the company confirmed to RTL Z. The court granted BCC a deferment of payment last week. The electronics chain has 58 stores, an online shop, and around 1,300 employees.

Over 1,300 jobs at risk as electronics chain BCC requests payment deferrals

Electronics chain BCC is on the verge of collapse. Owner Mirage Retail has filed for deferment of payments at the Amsterdam court. Deferment of payment is often the harbinger of bankruptcy. The chain employs about 1,300 people at its 56 branches.

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