The sale at 23 kika/Leiner locations has in many places caused chaos. Security companies are now taking care of bargain hunting. The announced restructuring process without Self-administration at the furniture chain kika/Leiner was opened on Tuesday at the regional court in St. Pölten. Meanwhile, the branches of bargain hunters continue to be stormed. In some … Read more
Fuerth – Shock for Bavarian companies! The number of company bankruptcies has risen rapidly since the beginning of the year. From January to March, 577 companies filed for bankruptcy. That is 16.3 percent more than in the previous year. In retail, the situation is particularly dramatic. There, compared to the previous year, 36.5 percent more … Read more
Gallery-Branch in Chemnitz The company intends to close numerous locations in order to make restructuring possible during insolvency proceedings. (Photo: dpa) Dusseldorf, Essen The department store group Galeria Karstadt Kaufhof published the long-awaited list on Monday of which branches will be closed and which will continue. According to this, only 77 locations are to be … Read more
The bankrupt Eiffel Optic chain of eyeglass stores identified the consequences of the coronavirus closures and the subsequent drop in consumer spending as the main reasons for its collapse. However, the company’s published financial statements show that its economy was strained already a year before the pandemic. In addition, some of the competitors were growing … Read more
People looking for appreciation of their money through investments in corporate bonds are increasingly deciding to see at least something from their investment in the end. In the Czech Republic, there are more and more cases where a company issues bonds but subsequently goes bankrupt. Last year, 22 issuers ended up in insolvency, so roughly … Read more