German store Karstadt insolvency procedures underway

The insolvency bid aims to allow the ailing department store chain to break free of its owner, Austrian real estate giant Signa, which collapsed last year and itself filed for insolvency.

source https://www.dw.com/en/german-store-karstadt-insolvency-procedures-underway/a-68720273?maca=en-rss-en-ger-1023-rdf