Depot closes 66 stores in Germany
The closure of the "Debhut" retail chain in Germany will result in the shutting down of 66 branches due to the difficult economic conditions, with an expected loss of around 330 jobs by the end of July. This comes as a result of increasing online competition and declining sales. The company was previously forced to significantly reduce its number of stores due to financial difficulties that began during the COVID-19 pandemic, compounded by ongoing challenges from tariffs and changing consumer behavior.
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