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Galeria's insolvency: critics blame prices and product range

Original: insolvenz

Galeria, the German department store chain, is back in insolvency proceedings, and the debate has turned to why the company keeps failing. Commentators, including Der Spiegel, argue the stores are 'neither attractive in prices nor in assortment', saying the brand has lost touch with shoppers. The collapse has revived discussion about the future of large department stores in German city centres and whether Galeria's cost-cutting closures and discounts can save it.

Why now: Galeria's renewed insolvency filing has put the struggling department store chain back at the centre of German business news.

GaleriaDer SpiegelGermany

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