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Furniture and decoration chain Depot files for bankruptcy

Summary by Tagesschau
The chain for furniture and decorative items, Depot, which is struggling with falling sales, has had to file for bankruptcy. According to the company, wages for more than 4,000 employees nationwide are guaranteed until September.

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The chain for furniture and decorative items, Depot, which is struggling with falling sales, has had to file for bankruptcy. According to the company, wages for more than 4,000 employees nationwide are guaranteed until September.

·Hamburg, Germany
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There is a branch of the decorative shop “Depot” in many cities. The company from Bavaria has now filed for bankruptcy. Business operations continue, the company wants to restructure itself.

The well-known decorative chain Depot has been losing sales for longer. Now the retail chain has filed for bankruptcy. These are the next steps.

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inFranken.de broke the news in on Tuesday, July 16, 2024.
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