Tag: Department stores
These branches should be closed
Galeria branch in Chemnitz The company intends to close numerous locations in order to make restructuring possible during insolvency proceedings. (Photo: dpa) Dusseldorf, Essen The department store group Galeria Karstadt…
Department store closures are becoming a problem for the municipalities
Karstadt Kaufhof Gallery Many branches of the department store giant are threatened with vacancy. (Photo: dpa) Cologne Whether 40, 60 or maybe even 80 of the almost 130 Galeria Karstadt…
The ECB is apparently asking banks about commitments
Signa The group includes the insolvent department store chain Galeria Karstadt Kaufhof. (Photo: Imago) Frankfurt, Dusseldorf According to Handelsblatt information, the banking supervisors of the European Central Bank (ECB) are…
Galeria Karstadt Kaufhof plans sale of Belgian subsidiary Inno
Inno department store in Liège Galeria expects the sale of the Belgian subsidiary to be in the high double-digit millions. (Photo: Inno) Dusseldorf, Frankfurt According to information from financial circles,…
Galeria Karstadt Kaufhof is preparing to sell its Belgian subsidiary Inno
Inno department store in Liège Galeria expects the sale of the Belgian subsidiary to be in the high double-digit millions. (Photo: Inno) Dusseldorf, Frankfurt According to information from financial circles,…
Widow achieves stage victory in inheritance dispute with daughter
Catherine von Furstenberg-Dussmann The entrepreneur has been Chairwoman of the Board of Trustees of the Peter Dussmann Foundation since 2011. (Photo: Dussmann Group) Dusseldorf Catherine von Fürstenberg-Dussmann is rarely seen…
Galeria Karstadt Kaufhof presents insolvency plan
Closed Galeria branch in Halle It remains unclear how many of the 129 branches will remain in the group. (Photo: dpa) Dusseldorf Galeria Karstadt Kaufhof has taken another important step…
Galeria presents insolvency plan – there is no clarity for creditors
Closed Galeria branch in Halle It remains unclear how many of the 129 branches will remain in the group. (Photo: dpa) Dusseldorf Galeria Karstadt Kaufhof has taken another important step…
Verdi clearly criticizes planned staff cuts
Galeria branch in Berlin In houses that will continue, the company wants to reduce the area and could cut more jobs. (Photo: IMAGO/Jürgen Ritter) Dusseldorf, Essen The Verdi trade union…
Galeria Karstadt Kaufhof: Employees are threatened with severe cuts
Galeria branch in Frankfurt The general works council expects a “hard and painful time” for the employees of the department store company. (Photo: dpa) Dusseldorf, Essen The period of uncertainty…
Landlords are losing faith in the future with Karstadt and Kaufhof
Karstadt branch on the Zeil in Frankfurt Owner Sahle Wohnen wants to demolish the property and is planning a new building without Galeria Karstadt Kaufhof. (Photo: dpa) Dusseldorf Jan Philipp…
Which hurdles the renovation concept for Galeria has to overcome
Galeria branch in Hamburg Those responsible on site know what their customers want better than the head office. (Photo: IMAGO/Nikita) The department store group Galeria Karstadt Kaufhof dares to take…
The department store chain is to be restructured
Galeria branch in Berlin The design of the individual houses and the service offered are to be adapted much more flexibly to local requirements in the future. (Photo: Reuters) Dusseldorf…
At Galeria, only a ruthless inventory helps
Galeria branch in Berlin-Tegel The dominant topic in the company is how many jobs will be cut and how many locations will be closed. (Photo: IMAGO/Jürgen Ritter) Anyone who now…
Which branches are now threatened with the end
Galeria Kaufhof in Leipzig The location of Galeria Kaufhof on Neumarkt in the city center is considered safe. (Photo: dpa) Dusseldorf Many municipalities are now worried about the future of…
Galeria Karstadt Kaufhof: buero.de withdraws takeover bid
gallery buero.de no longer wants to take over Galeria branches. (Photo: dpa) Berlin The online retailer buero.de has withdrawn its offer to take over almost 50 branches of the ailing…
Online retailer buero.de withdraws offer for Galeria branches
gallery buero.de no longer wants to take over Galeria branches. (Photo: dpa) Berlin The online retailer buero.de has withdrawn its offer to take over almost 50 branches of the ailing…
Trigema boss Wolfgang Grupp calls for more entrepreneurial responsibility
Dusseldorf Wolfgang Grupp has been managing the textile manufacturer Trigema for 53 years. Karstadt was an important customer for him for many years. The department store chain is now part…
Executives have to go
Galeria branch in Berlin The new executives, hired by Galeria about two years ago after the completion of the first insolvency proceedings, have left the company. (Photo: Reuters) Dusseldorf As…
Cities are fighting vacancies with the LeAn platform
Dusseldorf Empty shops, one-euro shops, amusement arcades: In many communities, the inner cities have been deserted for years. In addition, at least 40 other branches are now to be closed…