Görtz shoe store is closing - sales in Munich's pedestrian zone
Created: 12/28/2022, 9:06 am
By: Julian Limmer
The shoe retailer Görtz is in a crisis and wants to close almost all branches in Munich.
The sale is already underway in the pedestrian zone.
Munich – For the shoe retailer Görtz, the pedestrian zone will soon be over: the Hamburg trading company will close almost all of its branches in Munich – including the flagship store on Kaufingerstrasse.
Here is still open until February 28, 2023, the sale is already running.
The branch at Olympia-Einkaufszentrum (OEZ) is also closing.
The shop on Sendlinger Strasse has been closed for some time.
Only the shop in the Stachus Passagen will remain with the people of Munich.
Görtz shoe store is closing - sales in the pedestrian zone
The reason: The shoe retail company from the north has been in a difficult situation for some time: uncertainty, inflation and rising energy costs have clearly dampened the consumerism of many buyers - Görtz is hard on it.
Therefore, in September this year, the company initiated judicial restructuring proceedings under self-administration in order to "reposition the business to be robust and future-proof", as a spokeswoman said.
This now also includes: The company feels compelled to part with unprofitable and expensive branches.
This also applies to most shops in Munich.
The shoe retailer Görtz closes its branch in Munich's pedestrian zone.
© IMAGO/Wolfgang Maria Weber
Munich: Görtz in crisis - sales in the pedestrian zone
It is still unclear how many of the approximately 160 branches in Germany will have to close altogether.
The company is currently still in talks with many landlords to negotiate rent reductions.
Much is still "in flux," said the spokeswoman.
In Munich, on the other hand, the decisions have already been made - it's also bitter for many employees who are now losing their jobs.
However, the company and the works council have agreed on a reconciliation of interests and a social plan for the employees concerned.
The company does not want to say how many employees in Munich will have to go.
Wolfgang Fischer from CityPartner, the association of inner-city dealers, thinks that downtown Munich can cope with the closure: "With shoe shops like Tretter, we still have traditional Munich companies that ensure a great variety."
(lim)