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Hammer specialist stores after bankruptcy: The future of the branches is in danger!
After the bankruptcy of the Hammer specialist stores, the continuation of 93 locations in Goslar and the surrounding area is planned with new investors.
Hammer specialist stores after bankruptcy: The future of the branches is in danger!
On October 2, 2025, the Hammer specialty stores will face a profound change. The furniture chain, which is part of the Brüder Schlau Group, filed for self-administration bankruptcy in June 2025. A step that is not without consequences for many employees and customers. Loud regionalheute.de However, there was now hope as the investment consortium REThink had reached an agreement to continue Hammer Raumstylisten GmbH.
The company plans to focus on interior design craft services and products such as paint, wallpaper, curtains, flooring and bathroom furnishings. A total of 93 locations will be retained, while some branches will have to close. Around 1,200 jobs have been secured for the time being, but many employees have to expect uncertain times.
Closures and future prospects
The response is mixed. Of a total of 180 Hammer stores, 66 are expected to close. According to reports from merkur.de The affected branches are located in several federal states, including North Rhine-Westphalia, Hesse, Lower Saxony, Thuringia and Saxony. The situation seems to be particularly tense in cities like Münster, Bielefeld and Krefeld. The official closure date is still unclear, but it is reported that the markets are scheduled to close as early as October 1, 2025.
The closures are the result of discussions with investors, with 50 of around 60 specialist stores under the Schlau name having already been announced for closure in the past. However, business owners emphasize that the current situation also offers opportunities: “The investor’s positive future prospects give us hope,” said the company management.
A look at the bankruptcy figures
Bankruptcies are not uncommon in Germany. About 110,200 bankruptcies were recorded in 2023, showing an increase in the corporate sector. There was a high number of corporate bankruptcies, particularly in North Rhine-Westphalia statista.com reported. The services sector is the hardest hit, with 59% of bankruptcies in 2023.
Hammer's imbalance shows once again how much companies and employees can suffer from changing economic conditions. Even if many jobs are retained, the affected employees must be prepared for the effects of the closures. The uncertainty hovers over the affected branches and will have a lasting impact on the business image in the furniture and interior design sector.
The development clearly shows that insolvency is not only a problem for company owners, but also for the workforce, who have to fear for their future. In these uncertain times, it is important to keep a cool head and recognize the opportunities that new structures could offer.