There will be more store closures in UK this summer with news that Dutch variety retailer Hema will exit its six physical locations. It adds to the massive total of physical shops that have shut in Britain.
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Four of eight executives will be leaving retailer Hema. The news comes just weeks following the acquisition of the chain by Dutch entrepreneur Marcel Boekhoorn, who aims to simplify the structure of the company.
The Netherlands’ Hema announced today that it is in talks with Marcel Boekhoorn of investment company Ramphastos Investments, who has the intention to acquire the 92 year-old chain from its current British owner.