Update Good. The electronics chain Conrad wants to close almost all branches in the course of 2022. The Bonn site is also affected. Only one branch will continue to operate in the current style.
Electronics retailer Conrad Electronic wants to close almost all of its branches sometime in 2022. The company announced this on its website Wednesday morning. Only one branch should continue to operate in the previous style.
According to the company, Conrad Electronic currently operates eleven branches in Germany, including one in Bonn. In response to a request from our editorial team to find out if this location is also affected and how things will continue for employees there, the company declined to comment at this time. However, the press release states that “in the current format, only the branch in Wernberg-Köblitz, Bavaria will continue to operate.”
At the Hürth location in North Rhine-Westphalia, the company opened its first B2B branch in early summer 2020. B2B stands for Business to Business and describes business relationships between companies. According to the company, Conrad is currently looking for locations for other B2B branches.
The reason for Conrad’s planned closures is changing shopping habits, according to the statement. Fewer private customers are buying from brick-and-mortar retailers and business is increasingly shifting to online retail. The corona pandemic has further accelerated this development.
It’s not the first time in the company’s nearly 100-year history that Conrad has responded to changes in consumer behavior. Almost all branches at this time had already closed in the 1970s. Instead, Conrad relied entirely on mail order.
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