Largest Dutch department store V&D granted creditor protection

AMSTERDAM Dec 23 Vroom & Dreesman, the largest Dutch department store chain, has been granted protection from creditors after failed efforts to turn the troubled business around, the company said on Wednesday.

V&D, with 10,000 employees at 62 stores across the Netherlands, has struggled to cut costs after posting losses in 2014. (Reporting by Anthony Deutsch; editing by Jason Neely)

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