Overview
- The Centre Bourse and Prado Shopping locations will close for good on Saturday, November 15, two weeks earlier than the initially scheduled November 29 date.
- The acceleration was decided jointly by company management and the employee committee after heavy turnout emptied most remaining stock.
- Roughly 145 workers face an earlier end of activity under the revised timetable, according to a union representative.
- The October 15 launch of liquidation offered discounts of up to about 80% and drew such crowds that police intervened on the first day.
- Galeries Lafayette cited about €10 million in yearly losses despite roughly €30 million invested over a decade, while the stores’ departure has intensified debate over the future of the Centre Bourse site, including a pledge by Marseille’s mayor to buy back the space if a state plan falters.