The decline of the Galeria Karstadt Kaufhof (GKK) group can be seen in many figures, from Munich’s perspective best in how the number of branches has developed: in 2020 it went downhill for the first time from nine to six locations, in 2022 from six to five, 2023 from five to four. But now that GKK parent company Signa is reeling and has filed for bankruptcy, the question arises: Are more branches closing?
After Signa bankruptcy: Expert sees Munich Galeria locations threatened – Munich
