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AFP Published
September 9, 2025
Is the Bazaar de l'Hôtel de Ville in Paris at risk of closure? Worried, the trade union met with elected representatives on Thursday, and some suppliers say they are no longer being paid, with the new owner citing temporary difficulties.
The famous BHV has been experiencing difficulties for several years, exacerbated by the Covid-19 epidemic and confinements. Access by car is more complicated than it used to be, and there are doubts about the target clientele and the right retail offer... Its former owner, Galeries Lafayette, had carried out a series of overhauls to revive it. At the end of 2025, it sold the store to Société des Grands Magasins (SGM), a small property company based in Lyon, to "concentrate [its] human and financial efforts on [its] core brand," as it explained in mid-June.
According to several sources confirming information from Mediapart, one of these suppliers told AFP that he was no longer being paid, "or only sporadically." The company's cash position is so "depleted" that it is considering "filing for bankruptcy."
"Nine months after the takeover, unpaid bills are still piling up and brands are threatening to pull out. This is a situation we have never seen before," the CGT warned on its website.
The joint trade union (CFDT, CFTC-CSFV, CFE-CGC, CGT, Sud-Solidaires) of the department stores," which according to staff representatives employs some 1,300 people not including the many demonstrators, was received at its request on Thursday afternoon at Paris City Hall by a technical adviser to Nicolas Bonnet-Oulaldj, deputy in charge of trade.
"The aim was to discuss the situation at BHV and the impact that a closure could have on the district," the unions told AFP after the meeting, deploring the lack of a “transparent vision of the economic situation” at the company.
Communist senator Ian Brossat, who told AFP he was preparing a motion on the subject for the next Paris Council meeting, was also present.
Speaking to AFP, the store's new owner Frédéric Merlin expressed surprise at the timing of the meeting, as a works council meeting (CSEC) is due to be held at BHV on September 13. The thirty-year-old assured the meeting that the department stores' had been “losing 15 million euros a year for many years,” but that “everything possible is being done to ensure that our business becomes profitable” as quickly as possible.
As for the difficulties encountered by suppliers, these are, according to management, due to transitional problems, in particular with the shop's invoice management tools, resulting in "longer payment times (with a maximum of 45 days) for certain invoices."
MGS management also asserts that "BHV is only experiencing delivery problems with less than ten out of 1,000 suppliers."
The technical adviser in Nicolas Bonnet-Oulaldj's office, who preferred to remain anonymous, said on Thursday that she planned to contact SGM and Galeries Lafayette "to meet with them" and share "he risks that a closure would entail for the Hôtel de Ville district."
SGM, which specialises in regenerating declining city centre retail assets, operates around thirty sites in France. By the end of 2025, it had already acquired seven regional shops from Galeries Lafayette, in Angers, Dijon, Grenoble, Le Mans, Limoges, Orléans and Reims.
In August, the Galeries Lafayette group told Mediapart that it had "confidence in the SGM group to find the necessary solutions" to the "current difficulties" in running BHV.