What: the liquidation of Galeria is coming ot an end with 2 potential buyers remaining on the list.

Why it is important: While they remain anonymous, they are both reported to be willing to purchase 60 stores, which raises the question of the realism of such proposals. Is there still room for 60 popular department stores in Germany?

Galeria Karstadt Kaufhof, a German department store chain, is finalizing its takeover process with two potential buyers, both experienced in German retail and interested in purchasing over sixty stores. The deal could be concluded next month. This follows the company's bankruptcy filing in early January due to the collapse of its property holding company, Signa. A separate sale process is ongoing for its Belgian subsidiary, Inno .

Galeria sale down to last two candidates