Discount Chain Files for Bankruptcy – Branches Also in Brandenburg

Berliner Morgenpost

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An East German discount retailer has filed for insolvency – the stores are to remain open for the time being. This is putting a strain on the company.

chip.de

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The East German retail chain Groschenmarkt is insolvent. Around 200 employees are affected by the insolvency, but the operation continues for the time being.

LVZ - Leipziger Volkszeitung

rnd.de

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rnd.de

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The bargain dealer Groschen-Markt, active in East Germany, is in financial difficulties: The company has filed an insolvency application. All branches should initially remain open.

tlz.de

thueringer-allgemeine.de

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thueringer-allgemeine.de

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With household goods, Christmas decorations, garden accessories and more at low prices, Groschen Markt can be found especially in rural areas in East Germany. But competition makes the model to create.