It had almost become a tourist attraction in the 18th arrondissement of the capital : the store Tati’s iconic the boulevard Barbès in Paris will soon be closed, its business has been severely affected by the crisis of the Covid-19, announced on Tuesday, July 7, 2020 the group GPG, which had reverted back to the sign in 2017. “Tati has not seen the return of its customers to its historic centre Barbès “, which the store has been “doubly” affected by the strikes in December 2019 and the health crisis, explains its director general delegate Thierry Bukhari, quoted in a press release.
The store, which the vichy pink égayait this popular area of Paris since 1948, ” has accused a decrease of 60 % of its sales between October 1, 2019 may 31, 2020, compared to the same period of the previous year “, he says. The sign is thus constrained to ” consider the permanent closure of the store of Barbès with the accompaniment of the 34 affected employees in the context of a backup plan of employment (PSE) “, adds the group in its press release. The two stores Tati Marriage and Tati de-stocking at Barbès (11 employees) would be, on the other hand, maintained.
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Property group Eram since 2004, after having been founded in 1948 by Jules Ouaki, the signboard at vichy rose, in trouble, was up for sale in march 2017 and put into receivership. The group GPG had been selected to take over the 109 department stores, and 1 428 employees, with the promise to maintain the brand Tati. “In spite of 150 million euros invested, twice what was anticipated in the initial plan, Tati has not found sufficient returns from its customers,” says the group in its press release.
Finished the vichy
In September 2019, the group GPG had organized the recovery of 50 Tati shops and their teams through the brand Gifi, and facilitated the recovery of an additional 29 stores by former managers of the group through the sign of belonging to KLO. “This plan of recovery of the stores has helped to maintain the employment of over 1 000 employees, directly or indirectly, to the brands of the group GPG, or for the brand of KLO headed by former managers of the group “, according to the group.
year ago, Philippe Ginestet, the chairman of the group GPG (owner of Gifi, Tati, Besson and Traffic), had announced that the historic site of the boulevard Barbès in Paris would remain in 2020 the only Tati in France, the other stores would have to go under the flag of Gifi. This transfer took more time than expected and it was still the end of June twenty stores under the flag of Tati. The group GPG announced Tuesday that 18 stores Tati would soon be transferred to KLO, which would refer to all of the teams assigned to these points-of-sale, or one hundred employees.
Finally, for the last five Tati shops still in business, a would be taken up with his four associates by the sign “Shoes 34” and the other four stores, including Barbès, should therefore close. The sector’s de-stocking displays an insolent growth rates for several years, with a multiplication of signs : Centrakor, Gifi, Stokomani, Action, Normal, etc
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Simple, pink and awesome : it was Tati
