Schlecker Closes Branches

Published: March 1, 2012; 09:17 · (Vindobona)

The insolvent German chemist chain shuts down the half of its branches in Germany. In Austria, inprofitable shops will be closed.

Schlecker Closes Branches / Picture: © Schlecker

In Germany, up to 3,000 branches could be closed. At the moment, Schlecker operates 6,000 shops in Germany. The number of workers should be reduced from 24,500 to 13,500. For Austrian Creditreform this is only a “first, hard step”. Nevertheless “a new concept is needed”. Schlecker hopes to find a new investor.

The existence of the Austrian branches depends on the…

This article includes a total of 112 words.

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