Galeria insolvency administrator wants to present buyers soon. Galeria is the third bankruptcy within three and a half years.
The company, which previously belonged to the Signa Group, currently employs around 12,800 people. There are currently 92 branches. How many there will be in the future is still unclear. According to Denkhaus, it will involve taking over at least ‘60 plus X’ branches. The amount of rent is considered to be crucial for the preservation of the respective branches.