Pepco Group news and archive

Fresh start with 36 stores: Pepco Germany ends insolvency proceedings

Last summer, the German subsidiary of retailer Pepco NV filed for insolvency. Following a comprehensive restructuring that included significant cuts to its store network, the discounter is now set for a fresh start in the country. The self-administered insolvency proceedings for Pepco Germany GmbH, which began on October 1, will end on February...

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Pepco to close 28 stores in Germany

Following the insolvency filing of the discounter Pepco's German subsidiary in July, the restructuring plan for Pepco Germany GmbH was presented on Tuesday. The plan involves significant cuts to its store network. Pepco Germany to close 28 stores In recent weeks, the management has undertaken “an extensive analysis of the store network in...

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Pepco Germany enters self-administration proceedings

The German subsidiary of the discounter Pepco Group is insolvent. Pepco Germany GmbH filed for self-administration proceedings on July 21 with the Berlin-Charlottenburg Local Court, the retailer announced on Wednesday. The court then ordered provisional self-administration, the so-called protective shield proceedings, and appointed Gordon Geiser...