Bernd Beetz, co‑owner of the Galeria department‑store chain, has publicly criticised the company’s management for the insolvency filing that has now been approved by the Düsseldorf local court. In a media report, the co‑owner suggested that the filing could lead to personnel consequences, though he did not specify further details. Beetz’s comments reflect his view that the insolvency could have been avoided.
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Source / References: Lebensmittel Zeitung