Kika/Leiner denies report on planned store closures

With the clear statement "all furniture stores will be retained", Kika/Leiner managing director Reinhold Gütebier refutes corresponding rumours. Prior to this, there were reports that the Signa Group, which took over Kika/Leiner four years ago, wanted to part with several of the 42 outlets. Furthermore, the Austrian trade fair reported that Kika-/Leiner was close to a break-even point with a turnover of EUR 740 million and a net loss of EUR 84 million. Especially online sales were increased significantly.

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