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Pepco to Shut 28 German Stores by January 2026 in Court-Backed Overhaul

The German unit targets a leaner, profitable footprint after losses tied to structural store-network problems.

Overview

  • The company said 28 outlets will close after clearance sales, with wind-downs finished by the end of January 2026.
  • Thirty-six locations were judged commercially viable and will continue operating under the pared-back network.
  • About 165 of roughly 500 employees will be laid off, including reductions in the Berlin administrative team.
  • Pepco Germany has been restructuring under a Schutzschirmverfahren since July through the Berlin-Charlottenburg court.
  • No full list of closures was released, but local reports indicate Oberhausen and Stuttgart’s Milaneo stores will stay open.