
The Town Hall Bazaar remains closed this Wednesday, November 11. Management hopes for a reopening on Thursday, while the unions fear a liquidation.
The exceptional closure of BHV Marais and Parly 2 continues this Wednesday, November 11 due to an insurance problem, following the company's placement in receivership at the beginning of the month.
AI-generated summary
BHV Marais was placed in receivership at the beginning of November.
The closure continues for the BHV. The legendary Bazar de l'Hôtel de Ville, located rue de Rivoli, in Paris, will not welcome customers this Wednesday, November 11, although it was exceptionally scheduled to open its doors from 11 a.m. to 7 p.m. on this public holiday. The Marais and Parly 2 stores are both affected, according to the CGT, cited by Le Parisien. Stopped since Monday, November 9 at 4 p.m. due to a problem with its insurance, the brand confirms on its website an “exceptional closure” this Wednesday.
In a message addressed to employees, cited by Le Parisien, management indicates that it is continuing discussions with its insurer and the various parties involved in the matter in order to obtain “all the guarantees necessary for the resumption of operations”. If it “aims to reopen on Thursday”, however, no firm date has been announced.
Fear of liquidation
Placed in receivership since the beginning of November, the BHV Marais was forced to suddenly close its doors at the end of the day on Monday. Management invokes a temporary “administrative regularization” linked to an insurance problem, while the unions fear a definitive closing down. The iconic Parisian department store and its little brother in Yvelines, BHV Parly 2, have closed “as a precaution for our teams and our customers”.
In an internal message, the president of the brand, Karl-Stéphane Cottendin, clarified that “one of our insurance policies could not be transferred as part of the current legal recovery”. “We are finalizing the new [insurance] contract, which is currently being signed and will take over tomorrow,” he assures the 660 employees. According to him, this “administrative regularization” does not “call into question the continuation” of their activity.
Assurances which are not enough to allay the concerns of employees. “We just know that the insurance is not paid. But we don't know how it will happen tomorrow. Our fear is that we will be liquidated sooner than expected,” they confide.
AI outlook — possibilities, not facts
Potential reopening of the BHV from Thursday.
Possible · Within days

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