date:May 08, 2014
It has emerged that the German retailer Tengelmann intends to close 27 of its Kaiser's Tengelmann supermarket stores by the end of the year.
The number of store closures comes as somewhat of a surprise, but the move does reflect the company's previously stated intention of focusing on non-food retail and online operations.
All of the 27 store closures are in the North Rhine region of Germany. A spokeswoman for the company confirmed to local media outlets over the past couple of days that the