Latest Essen News

Germany's last department store chain is to get new owners after its latest insolvency

Apr. 10, 2024 08:48 AM EDT

BERLIN (AP) — Germany's only remaining major department store chain is set to get new owners after its third spell in bankruptcy protection in four years, and the company aims to keep most of its stores open, its insolvency administrator said Wednesday. Galeria Karstadt Kaufhof is...