Owner Beetz sees Galeria behind expectations
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Nine months after Galeria's relaunch, management is dissatisfied with the department store chain's performance. Galeria co-owner Bernd Beetz cites several reasons. He nevertheless expects profitability by 2025.
inFranken.de
aachener-zeitung.deThree-quarters of a year after Galeria's reboot, the business is obviously not yet as satisfied as the head of the department store chain mentions a number of reasons.
Galeria owner Bernd Beetz has tempered expectations for the department store chain's sales development. "At the moment, we're a little behind our own expectations," he told the news magazine Focus. As recently as January, he stated that the department store group was on track to achieve sales of €2.5 billion this year. This sales figure is his "medium-term vision," he now said, achievable "in about two or three years." In addition to the "almost…
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