The Tati store chain went bankrupt
In France, the Tati chain of stores went bankrupt, ITAR-TASS reports. This week, the management of the network filed an application with the commercial court of Paris to declare the group insolvent. The Tati chain was known primarily for its low prices. Income could be obtained through a large trade turnover. Recently, however, the wealth of the French has grown, and the Tati assortment has ceased to attract buyers. In addition, Tati management made a number of commercial mistakes.