Galeries Lafayette announces end for Berlin department store

The only German branch of French department store chain Galeries Lafayette will close at the end of 2024 after almost 30 years. The lease for the branch on Friedrichstraße in Berlin with property owner Tishman Speyer will not be renewed, the department store announced on Wednesday. Operations will cease once the lease expires at the end of 2024. Employee representatives were informed of the move on Wednesday.