Mr. Otto, many see online retail as the gravedigger of the inner city. Is your Otto Group complicit in the death of once-proud brands like Kaufhof and Karstadt?
The high point of the department stores mentioned was several decades ago, so their decline certainly has nothing to do with online trading. Online trading in general may exacerbate the problems, but the real cause lies in the increasing monotony in many inner cities. Always the same chains shape the picture, the cities are becoming more and more interchangeable.
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