Kommentar: Der Markt hat längst entschieden: Galeria hat keine Zukunft mehr
Alle zwei Jahre stellt der Warenhauskonzern mittlerweile einen Insolvenzantrag. Allen Beteiligten müsste klar sein: Der Verbraucher hat kein Interesse mehr an Galeria.
A major market trend has definitively decided that Galeria, the once-prominent retail group, has no future ahead. The news sent shockwaves through those directly affected, but public reaction has since dulled. Last Friday, the news broke: the department store chain Galeria had initiated insolvency proceedings. This development is, of course, a severe blow to the 12,000 employees.
The company employs many individuals who already struggle with low wages, now forced to question their job security. Furthermore, closing most of the 83 Galeria locations would exacerbate the vacancy rates in the downtown area, adding to the gloom.
Trade unions promptly pledged their support to fight for the jobs, while a concerned mayor voiced his worries in some municipalities. However, amidst this turmoil, there has been surprisingly little noise from the usual suspects in politics. Those who typically rush to offer assistance and government aid when a well-known company faces financial difficulties have stayed silent for now.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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