US EditionWarehouse Chain: Landlord Complains of Missing Rental Payments From Galeria
14 Articles
14 Articles
Handelsblatt
wiwo.deAfter the last insolvency Galeria wanted to try the restart. Now there are more indications that the warehouse chain is already in trouble again.
Thousands of people are still employed at Galeria, the department stores are the center of many inner cities. But the retailer apparently has payment problems. This at least suggests complaints from its landlords.
Around the warehouse operator Galeria there is new unrest. Several landlords report about problems with the rents.
aachener-zeitung.de
The Galeria department store chain appears to be in default with some rental payments, causing unrest in the workforce - and criticism.
Galeria's revenue in free fall - RetailDetail EU
Things are once again not going well for the German department store chain Galeria: in the first half of its current fiscal year alone, the retailer is said to have lost more than 100 million in revenue. According to insiders, Easter sales were “a disaster.”
After the last insolvency Galeria wanted to try the restart. Now there are more indications that the warehouse chain is already in trouble again.
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