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Belgian supermarket chain Cora has announced the closure of all of its seven hypermarkets in Belgium by the end of 2026.
According to sources, the company, which is part of the Louis Delhaize Group, took the decision due to a decline in purchasing power, the popularity of online shopping, foreign competition, and the decline of the hypermarket format.
The retailer reportedly implemented a number of initiatives to boost sales but was not able to sufficiently improve its situation. A sale was also explored, but no buyers were identified.
The seven stores, located in the Brussels and Wallonia regions – namely in Anderlecht, Chatelineau, Hornu, La Louviere, Messancy, Rocourt and Woluwe-Saint-Lambert – will remain open until the closure process is finalised.
The closure will affect 1,779 jobs.
Source: Brussels Times
