Hammer stores: Self-administered insolvency filed – operations to continue

The Brüder Schlau Group, which includes the nationwide Hammer retail chain, filed for insolvency under self-administration on June 26th, 2025. The application has already been approved by the district court in Bielefeld. The company cites structural challenges in the market environment and ongoing financial pressures as reasons for the move.

According to an official press release, all Hammer stores are expected to remain open. The company stated that its delivery capability would be fully maintained and that all current orders would be processed as usual. Employee wages – around 3,900 in total – are said to be secured through Germany’s insolvency benefits scheme until the end of August.

The restructuring is to be implemented based on a financing plan already in place. Düsseldorf-based lawyer Prof. Dr. Dirk Andres has been appointed as preliminary custodian.

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