Traditional fashion retailer from Baden-Württemberg is closing its branch in the big city at the end of the year

As of: March 9, 2024, 11:05 a.m

By: Julian Baumann

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The fashion retail chain Breuninger has announced that it will have to close a department store in southern Germany at the end of the year.

© IMAGO/imageBROKER/Michael Weber

The slump in consumption does not stop at Breuninger either.

The fashion retailer from Stuttgart has announced that it will have to close a department store at the end of the year.

Stuttgart - The economic crisis is hitting Baden-Württemberg hard.

Several companies have run into difficulties and some are putting their workforce on short-time work.

The slump in consumption is not only affecting industrial companies, but also companies that have so far defied the crises.

The department store chain Galeria has filed for bankruptcy for the third time and closed several branches, and the traditional company Breuninger has also announced the closure of a branch at the end of the year.

At

you can read in which city Breuninger wants to close a branch and what that means for the employees.

A traditional fashion retailer from Esslingen also has to close its doors after 120 years.

The editor Julian Baumann wrote this article and then used an AI language model for optimization at his own discretion.

All information has been carefully checked.