Popular confectionery retailer insolvent: 300 branches and 1,200 employees affected by bankruptcy. It is the next bankruptcy of a well-known traditional brand within a few days and another case in an ongoing wave of bankruptcies that is rolling through Germany.
At the beginning of the week, the luxury department store KaDeWe had to file for bankruptcy due to “exorbitantly high rents”. Now Hussel, Eilles and Arko also have to bow to the economic circumstances.