Business · Companies · 17 hrs ago

XXXLutz Germany chief says company is weathering a weak economy

XXXLutz Germany chief says company is weathering a weak economy

Alois Kobler, who leads XXXLutz in Germany, says the furniture retailer is doing well despite the country’s weak economy.

He says sales vary from month to month, but the company is satisfied overall.

Kobler argues that people still care about furnishing their homes, even when money is tight.

He says XXXLutz aims to offer a wide range of products at suitable prices and combines furniture stores with online sales.

The company also delivers furniture into customers’ homes and offers assembly.

XXXLutz plans to take over the Porta group, which would strengthen its position as Germany’s largest furniture company.

The deal is still waiting for approval from the European Union.

Sources

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