Overview
- The furniture chain operates 36 stores in France and employs about 1,200 people whose jobs are now uncertain.
- Alinea posted a €47 million net loss in 2024 on €162 million in revenue, falling short of its profitability target.
- A 2023 relaunch plan that included converting roughly twenty Zodio outlets did not restore the business to health.
- Management is discreetly seeking one or more buyers, while unions fear any takeover could be partial and exclude some stores.
- The downturn hits a sector weakened by a slow housing market, strained household budgets, and competition from Ikea, But‑Conforama, Action and Temu.