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Iconic German retailer goes to wall

China Daily | Updated: 2009-06-10 08:13

Iconic German retailer goes to wall

A customer leaves a Karstadt store in Rosenheim, Germany. Bloomberg News

BERLIN/FRANKFURT: German retail group Arcandor AG threw in the towel yesterday, filing for insolvency after the Berlin government rejected its request for emergency state aid.

Iconic German retailer goes to wall

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