Basic bankruptcy: organic should be mass-produced – economy

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Michael Kläsgen

So now Basic is also insolvent. The organic market for food has its most prominent victim for the time being. However, it would be a mistake to conclude that organic food in Germany is now a thing of the past. Basic joins a whole series of bankruptcies at organic food retailers. But the reasons for this are complex. Yes, the industry is in its deepest crisis for at least 30 years. However, the individual actors themselves bear a considerable part of the blame for this. That’s definitely the case with Basic.

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