Changed consumption habits: Bakery bankruptcies increased by 40 percent
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Summary
Changed consumption habits: Bakery bankruptcies increased by 40 percent. Figures reflect structural change The current development is not a short-term phenomenon, says the head of Creditreform Economic Research, Patrik-Ludwig Hantzsch. “Since 2023, we have also observed an increased insolvency situation in this industry.” The figures reflected a profound structural change. Smaller, owner-managed companies in particular fell behind due to rising costs, growing price wars and economical consumers, Hantzsch said.
Furthermore, In the first half of the year, according to Creditreform, 63 companies registered for insolvency nationwide – 40 percent more than in the same period last year. According to Creditreform, larger bakery chains such as Mecklenburger Backstuben GmbH, Bäcker Lampe GmbH Co. KG, Keim Brecht OHG and Bäckerei Kayser GmbH were also affected. Covers companies from the ‘bakery products’ industry, i.e. bakeries and pastry shops that bake and sell themselves.
In addition, Pure sales branches without own production are not included.
Cross-referenced from 3 sources.
Factual coreconfirmed by several independent voices
Changed consumption habits: Bakery bankruptcies increased by 40 percent.
reliability moderate3/3 sourcesFigures reflect structural change The current development is not a short-term phenomenon, says the head of Creditreform Economic Research, Patrik-Ludwig Hantzsch. “Since 2023, we have also observed an increased insolvency situation in this industry.” The figures reflected a profound structural change.
reliability moderate2/2 sourcesSmaller, owner-managed companies in particular fell behind due to rising costs, growing price wars and economical consumers, Hantzsch said.
reliability moderate2/2 sourcesIn the first half of the year, according to Creditreform, 63 companies registered for insolvency nationwide – 40 percent more than in the same period last year.
reliability moderate2/2 sourcesAccording to Creditreform, larger bakery chains such as Mecklenburger Backstuben GmbH, Bäcker Lampe GmbH Co. KG, Keim Brecht OHG and Bäckerei Kayser GmbH were also affected.
reliability moderate2/2 sourcesCovers companies from the ‘bakery products’ industry, i.e. bakeries and pastry shops that bake and sell themselves.
reliability moderate2/2 sourcesThe number of bakery bankruptcies has increased significantly.
reliability moderate2/2 sourcesPure sales branches without own production are not included.
reliability moderate2/2 sources
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