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XXXLutz buys discount furniture chain Lipo from Steinhoff

11/01/2022 Comments (0) Views: 17 Deals, Home, Retail, Western Europe

XXXLutz buys discount furniture chain Lipo from Steinhoff

The furniture discounter Lipo belonged to Steinhoff, as did Kika/Leiner in the past. In 2017, Steinhoff wanted to enter the Austrian discount business with Lipo and thus compete with XXXLutz with its Mömax and Möbelix lines. Ultimately, only two locations remained; just one year later, Kika/Leiner was under so […]

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