"Germany's retail sector is facing a new wave of bankruptcies, with 2,490 insolvencies recorded between August 2024 and August 2025."
"The figure nearly matches the record set a decade ago, a study by Allianz Trade shows."
"The insurer said smaller shops in particular were struggling in an uphill battle against big online marketplaces as high investment costs for digital upgrades and automation weigh heavily."
Between August 2024 and August 2025, Germany recorded 2,490 retail insolvencies, a level that nearly matches the decade-old record. A study by Allianz Trade identifies smaller shops as particularly vulnerable due to intense competition from large online marketplaces. High investment costs for digital upgrades and automation are weighing heavily on retailers and contributing to closures. Retail bankruptcies are concentrated among businesses unable to finance required technological and operational transitions. Parliament is debating lower sales taxes for restaurants, which could provide relief for restaurant operators amid broader sector stress.
#german-retail-insolvencies #small-business-struggles #e-commerce-competition #digital-investment-costs
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