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Galeria department store chain files for insolvency again
Original: Galeria: Warenhauskette meldet erneut Insolvenz an https:// fed.brid.gy/r/https://stadt-br emerhaven.de/galeria-warenhau
German department store chain Galeria has filed for insolvency once more, according to a report by Bremerhaven-based news site stadt-bremerhaven.de. It is the latest in a series of insolvency proceedings for the troubled retailer, which has repeatedly restructured in recent years. The news is drawing attention in Germany, where Galeria stores remain a fixture in many city centres and job losses are a concern.
Why now: Repeated insolvency of one of Germany's best-known department store chains affects jobs and high streets nationwide.
Galeriastadt-bremerhaven.deGermany
Evidence
- Galeria: Warenhauskette meldet erneut Insolvenz an https:// fed.brid.gy/r/https://stadt-br emerhaven.de/galeria-warenhauskette-meldet-erneut-insolvenz-an/ · stadt-bremerhaven.de@web.brid.gy
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