What:   Hema is closing down its entire operations in the UK to focus on its core markets

Why it is important:  The race is not anymore on scale economies and network size, but making sure each individual operation is profitable and efficient.

Hema has announced the total closure of its 6-stores strong operations in the UK, effective by the end of the summer. The CEO explains this decision by the search for sustainable growth on its core markets, namely the Netherlands, Belgium and France. The company established its presence in the UK in 2014, and it is highly probable that the difficulties inducted by the Brexit also explain this decision.

PRESS RELEASE - HEMA focuses on core markets and withdraws from the United Kingdom