(AFX UK Focus) 2010-05-09 14:38 Germany’s Douglas closing 50 shops abroad -paper

(AFX UK Focus) 2010-05-09 14:38 Germany’s Douglas closing 50 shops abroad -paper
FRANKFURT, May 9 (Reuters) – German perfumes-to-books retailer Douglas is shutting overseas shops and pulling out of some countries including Denmark, amid weak consumer demand, its Chief Executive Henning Kreke told a Sunday newspaper. “We are closing 50 stores in total and are retreating from some countries such as Denmark, the CEO told Frankfurter Allgemeine Sonntagszeitung. The economic …

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