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Leifert Bakery in distress: bankruptcy, but 40 branches remain open!
Bakery chain Leifert from Gifhorn files for bankruptcy. Despite the crisis, 40 branches and 220 employees remain protected.
Leifert Bakery in distress: bankruptcy, but 40 branches remain open!
In an unfortunate turn of events, the Leifert bakery chain has filed for bankruptcy. The application was submitted to the Gifhorn District Court and has now been approved. With around 40 branches and almost 220 employees, Leifert is one of the best-known bakeries in the region and has been run as a family business since it was founded in 1950. However, managing director Nils Leifert assures that all branches will continue to operate without restrictions, and the usual range of baked goods, cakes and snacks will remain in the usual quality. As Merkur reports, the aim of the restructuring process is to preserve the company, which is particularly important given the current crisis in the bakery industry.
The causes of bankruptcy are varied. High energy costs, increased raw material prices and a weak economy are affecting the industry. Even if Leifert is not the first bakery to have to give up during this difficult time, the situation for traditional businesses is alarming. In recent years, more and more bakeries have had to close, which is a worrying development for the supply of fresh bread and pastries. According to t-online, employees are covered by the employment agency's insolvency benefit, so that their wages and salaries are secured.
The challenges for the industry
The Leifert Bakery is part of a larger trend. The entire industry is suffering from the same problems that also affected Leifert. The increase in operating costs and declining purchasing power of consumers pose major challenges. These profound changes have brought not only quiet closures, but also an inventory of how many bakeries can still survive. The Consumer Protection Forum reports on an ongoing crisis from which not all companies will emerge unscathed.
Especially in times like these, it is important to remain loyal to local businesses. Maintaining bakeries like Leifert not only secures jobs, but also the cultural identity that enriches our everyday lives. We can only hope that the restructuring plans fall on fertile ground and that the company can set the necessary course for a positive future.