Hema to close all six UK stores
Dutch homewares retailer Hema is to close all six of its stores in the UK as it looks to focus more on its core markets of the Netherlands, Belgium and France.
The company has been operating in the UK since 2014 and, according to its website, also has a presence in Germany, Austria, Spain, Mexico and the United Arab Emirates.
Hema chief executive Saskia Egas Reparaz said it was unfortunate that the company had to say goodbye to staff and customers in the UK, but explained that it had never managed to build a solid position in the market.
She added: “We are now evaluating our entire country portfolio with the aim of being able to focus on a limited number of countries, which will allow us to better exploit growth opportunities in the future. This is better for Hema, its employees and its customers in the long term.”