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Home decor retail chain Casa is on the brink of bankruptcy and has officially filed for judicial restructuring with the Belgian judiciary, citing intense competition and changing consumer behaviours as key challenges.
Home decor retail chain Casa has submitted a request for judicial restructuring to the Belgian judiciary, as reported by several Belgian media outlets, including RTL Info, RTBF, and Le Soir. Reports indicate that Casa is facing imminent bankruptcy due to challenges in the retail sector, including increased competition and shifting consumer shopping habits.
Notably, the chain underwent a change in ownership just a few months ago.
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