Fashion retailer P&C wants to reduce the space at some of its 69 locations nationwide. A “mixed use with hotels or offices’ is planned.
P&C restructured itself last year in self-administration insolvency proceedings. The company was in trouble due to, among other things, the pandemic, the effects of the war in Ukraine and online business, according to company boss Thomas Freude. According to Freude, the branches should generate more sales and generate more profits.