Tag: Department stores
Galeria Karstadt Kaufhof terminates the collective agreement with the Verdi union
New logo for the department store chain Galeria The company is struggling against falling sales and rising costs. (Photo: GALERIA Karstadt Kaufhof GmbH) Dusseldorf The department store chain Galeria is…
Conversion of Karstadt and Kaufhof to Galeria halted
Euskirchen The euphoria was great last October. The Karstadt Kaufhof department store chain had promised a new start under the Galeria brand and presented three pilot branches: Kleve as a…
Blackstone buys portfolio of cold logistics properties from the Nagel Group
Blackstone headquarters in New York Warehouses have been popular with financial investors, especially since the pandemic. (Photo: Reuters) Frankfurt The US financial investor Blackstone continues its shopping spree at warehouses.…
Metro boss prescribes aggressive growth course for the wholesaler
Dusseldorf Metro boss Steffen Greubel has set ambitious goals for the company with his new growth strategy. By 2030, he wants to increase sales from around 25 billion euros today…
Galeria receives approval for second government loan
Berlin, Dusseldorf The department store group Galeria receives state aid again. The federal corona rescue fund (WSF) approved a rescue package on Tuesday, the Handelsblatt learned from government circles. Galeria…
Galeria receives approval for second government loan
Berlin, Dusseldorf The department store group Galeria receives another multi-million government loan. The federal government will announce the decision for further financial support on Tuesday. The Handelsblatt learned this from…
The supermarket chain Real has been completely broken up
Real branch The remaining 60 locations in the chain are changing hands again. (Photo: Real) Dusseldorf The breakup of the Real department store chain has come to an end for…
Benko company Signa Sports United goes public
Frankfurt The online sporting goods retailer Signa Sports United has made the leap to the New York Stock Exchange. The company, previously majority-owned by the Signa Group of Austrian investor…
The restart threatens to fizzle out
Frankfurt Miguel Müllenbach goes into raptures. The CEO of Galeria Karstadt Kaufhof stands on the sixth floor of the newly renovated Frankfurt city center branch, looks through the glass facade…
The restart threatens to fizzle out
Frankfurt Miguel Müllenbach goes into raptures. The CEO of Galeria Karstadt Kaufhof stands on the sixth floor of the newly renovated Frankfurt city center branch, looks through the glass facade…