Paris department store BHV Marais seeks bankruptcy protection

· Economy · France

Storied Paris department store BHV Marais sought bankruptcy protection, saying the move was aimed at protecting its operations and jobs. The store is a landmark in the French capital's retail landscape.

Why it matters:The case reflects pressure on traditional department stores from e-commerce and changing shopping habits in European cities.

Key points

  • BHV Marais filed for bankruptcy protection.
  • It said the move aims to protect operations and jobs.

Sources (original reporting)

More stories from this day