Latest Essen News

Germany's last major department store chain files for insolvency protection for the third time

Jan. 09, 2024 08:15 AM EST

BERLIN (AP) — Germany's last remaining major department store chain filed for insolvency protection on Tuesday, its third filing in less than four years, after its owner ran into difficulties. Galeria Karstadt Kaufhof, which currently runs 92 stores and employs more than 15,000...