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Galeria Karstadt Kaufhof Will Close Nearly Half Of All Stores

Por: Forbes Business March 14, 2023

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Photographer: Alex Kraus/Bloomberg© 2019 Bloomberg Finance LP Galeria Karstadt Kaufhof, Germany’s only department store company and one of Europe’s oldest and largest department stores will close 52 of the chains 129 stores by the end of the year. It means that as many as 8,000 jobs will be lost. Karstadt Kaufhof filed for a form of bankruptcy twice since the two department store chains were merged in 2018. In 2020 it filed for what is... + full article



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