Department store group V&D was declared bankrupt Thursday afternoon although the stores and La Place restaurants will remain open pending a potential relaunch.
The bankruptcy was granted to make it easier to sell off or relaunch parts of the company, a spokesman for the receivers said.
A number of potential buyers have come forward and various scenarios are under discussion, one source told broadcaster Nos. One of these includes reopening around half the stores, the source said.
Financial problems
The group, which has 62 department stores and some 65 La Place restaurants nationwide, requested court protection from its creditors a week ago because of its acute financial problems.
The bankruptcy means all 10,300 workers have lost their jobs. Th…
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