Tag: Department stores
Galeria Karstadt Kaufhof: How many branches have to close – economy
Only two prospective buyers are still in the running for the insolvent department store chain Galeria Karstadt Kaufhof (GKK). However, the price for continuation is high and it is primarily…
Deadline ends: Is there a buyer for Galeria Karstadt Kaufhof?
As of: March 22, 2024 9:23 a.m Purchase offers for the insolvent department store group Galeria Karstadt Kaufhof can still be submitted today. Whatever the outcome: branch closures and job…
Galeria Karstadt Kaufhof: Despite the takeover, there is a risk of many layoffs – economy
Strangely enough, the atmosphere in Essen at Galeria’s huge headquarters is pretty good, employees tell us. This is strange because the threat of job cuts at the insolvent department store…
Galeria Karstadt Kaufhof: The continued existence of the chain is at stake – economy
Strangely enough, the atmosphere in Essen at Galeria’s huge headquarters is pretty good, employees tell us. This is strange because the threat of job cuts at the insolvent department store…
Department stores with a third less sales than 20 years ago
As of: March 11, 2024 9:25 a.m For many years, department stores were considered a fixture in German city centers. But the industry is in crisis. New figures from the…
René Benko’s bankruptcy: What really belongs to him? – Business
Individual bankruptcies are generally an unpleasant thing. This is no different in Austria than in Germany. Your bank account is blocked and you are only allowed to keep the car…
Cheap boom: How much discount can Germany tolerate?
As of: February 17, 2024 4:55 p.m Tedi, KiK, NKD, Woolworth and recently Pepco – cheap chains are experiencing a real boom in times of rising prices. According to industry…
Munich: What’s next for the Oberpollinger luxury department store – Munich
The business in the best location is doing excellently – but the traditional company has nevertheless found itself caught up in the maelstrom of the bankruptcy of René Benko’s Signa…
Creditors want a lot of money from Benko, who only pays a small fee himself – economy
Extremely high claims from creditors have been received against the insolvent Signa Holding of the Austrian entrepreneur René Benko. These add up to 8.6 billion euros, announced insolvency administrator Christof…
KaDeWe has filed for insolvency, Oberpollinger and Alsterhaus are also affected – economy
It is the most famous department store in Germany and probably the only one with a worldwide reputation: the Kaufhaus des Westens, or KaDeWe for short. Many customers are tourists…