Tag: Galerias
Munich: What Galeria’s bankruptcy means for the city’s department stores – Munich
In the perfumery, the door is broken and cold air is flowing in. The friendly saleswoman approaching a customer has a black cape thrown over her sweater against the cold,…
Galeria’s third bankruptcy is supposed to be a liberation – the economy
For the third time in three years, an application for insolvency proceedings – which under normal circumstances would be a clear indication that a company is not sustainable, has a…
When will Galeria’s fate be decided?
As of: January 4, 2024 4:15 p.m Galeria Karstadt Kaufhof continues to expect losses. At the same time, the company is waiting for money from the insolvent owner Signa. When…
Abandoned department store chain: Creditors agree to Galeria’s restructuring plan
Status: 03/27/2023 3:55 p.m Galeria Karstadt Kaufhof will not be broken up. The creditors approved the recovery plan for the badly hit department store chain. Nevertheless, thousands of employees will…
Troubled department store group: creditors decide on Galeria’s future
Status: 03/27/2023 08:48 a.m At a meeting of creditors today the future of the Galeria Group is to be decided. The management demands the waiver of claims in the billions.…