Retailer Hertie To Close All Stores in Germany

BERLIN - AUGUST 06: Customers walk in the retail store Hertie on August 6, 2009 in Berlin, Germany. Hertie is going out of business with its first store in Berlin on August 8. Retailer Hertie, one of Germany's oldest retail chains, is closing nationwide all stores in Germany. It was founded in 1882 in Berlin by Hermann Tietz, who combined both his first and last name to come up with the name Hertie. (Photo by Andreas Rentz/Getty Images)