Tag: Karstadt department store
Galeria Karstadt Kaufhof gets a new boss
Olivier Van den Bossche The former CEO of Kaufhof will soon be in charge of the department store group again. (Photo: dpa) Dusseldorf The ailing department store operator Galeria wants…
Five branches will not be closed after all
Galeria branch in Leipzig Eat Galeria Karstadt Kaufhof will close five fewer department stores than announced at the beginning of the week. Thanks to further concessions by the landlords, the…
The restart of Galeria is a false start
Galeria branch in Leipzig The department store is scheduled to close on June 30, 2023. (Photo: dpa) In one point, Galeria boss Miguel Müllenbach is probably right: the department store…
Why some Galeria locations can still hope
Karstadt branch at Munich train station The department store operator Galeria has announced that it will close 52 of the 129 locations. (Photo: dpa) Dusseldorf, Essen Galeria’s CEO, Miguel Müllenbach,…
These 52 Galeria branches have to close
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…
These 52 Galeria branches have to close
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…
Soothing words: politicians want to soothe financial markets
Good morning dear readers, after the collapse of the Silicon Valley Bank, fears of a banking crisis are rampant. The shares of many financial institutions rushed into the basement. In…
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…
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…
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…
This is how future CFO Thomas Toepfer ticks
Dusseldorf, Paris Five years in plastics, now the world of aircraft construction: Thomas Toepfer, CFO of Covestro for many years, is moving to the same position at Airbus. On September…
These are the top restructuring companies in the German economy
Dusseldorf In the management floors of the German economy, restructuring experts are currently frequently seen guests. The number of restructuring cases is high. The car suppliers Benteler, Mahle, Eberspächer, WKW,…
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,…
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…