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Yet another German department store is in trouble, with Galeria Karstadt Kaufhof having announced it is to close 40 percent of its outlets, an announcement that comes just months after it filed for insolvency protection for the second time, according to a report by AP News. The post Troubled German department store Galeria Karstadt Kaufhof to shutter 40 percent of outlets appeared first on Global Cosmetics News.
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Mar 16, 2023
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