Struggling division retailer chain: Metropolis council calls for a say in Galeria branches



33 places of the Galeria division retailer chain are beneath scrutiny – the German Affiliation of Cities is now calling on the corporate to contain the affected municipalities in discussions about the way forward for the branches. “This has already confirmed profitable up to now for locating appropriate and particular person options for the places and for the staff,” stated the Basic Supervisor of the Affiliation of Cities, Christian Schuchardt, to the newspapers of the Funke media group.

Every location faces particular person challenges. Within the occasion of department closures, Schuchardt additionally known as for speedy and coherent ideas for subsequent use and in any other case warned of a “downward spiral” for the affected interior cities.

Galeria introduced on Wednesday that it will study 33 of the 83 places for profitability and presumably shut them. Amongst different issues, the group needs to barter rental circumstances and area changes with landlords.

The group, which employs round 12,000 individuals, filed for chapter initially of 2024 for the third time in 4 years. The rationale for this was, amongst different issues, the monetary difficulties of the dad or mum firm Signa. 9 places had been closed in summer season 2024. Since then, Galeria has belonged to the US funding firm NRDC and an funding firm owned by the entrepreneur Bernd Beetz.

© dpa-infocom, dpa:260723-930-429604/1



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