Negotiations with landlords and union representatives are ongoing, but 62 out of 172 department stores, all in Germany, are likely to close, the company said, along with two discount stores, where excess stock is sold at lower prices. The meeting was normally scheduled over two days, Friday and Saturday.
June 18, 2020. Juli 2020, gestern und dieser Woche. Tumblr. This means that 56 department stores are on the verge, as the German press agency learned on Friday from corporate circles. WWD • June 20, 2020 Click here to read the full article. Department store group: Galeria Karstadt Kaufhof closes fewer stores than planned 2020-07-03T10:01:15.180Z The insolvent department store group Galeria Karstadt Kaufhof wants to close fewer branches than originally planned, according to the concession of the landlord Chemnitz andLeverkusen "again a future perspective". This category only includes cookies that ensures basic functionalities and security features of the website. Telegram. The department store group Galeria Karstadt Kaufhof plans to close 62 of its 172 branches. Kreise: Galeria Karstadt Kaufhof will 62 Filialen schließen. The Galeria Karstadt Kaufhof branch closings are becoming concrete: 62 of the 172 branches, plus an as yet unopened department store in Berlin-Tegel and two bargain centers are to be closed, as the group told the news agency dpa according to its workforce. LINE. German department store Galeria Karstadt Kaufhof is set to close up to 80 of its 170 branches due to the ensuing crisis caused by the coronavirus outbreak, German media reported on Friday. You also have the option to opt-out of these cookies. German department store Galeria Karstadt Kaufhof is set to close up to 80 of its 170 branches due to the ensuing crisis caused by the coronavirus outbreak, German media reported on Friday.Headquartered in Cologne, the chain has made the move after drastic sales losses, and it is part of an overall restructuring of the firm, according to It is believed the closures of the branches will result in the loss of up to 5,000 jobs for full-time members of staff.The department store chain has been particularly hurt by the recent crisis due to the size of its branches. June 18, 2020.
Against the background of the pandemic, the management of Galeria Karstadt Kaufhof GmbH decided “not to pay the rent from April 1, 2020”, the letter said. Units included in insolvency proceedings are Karstadt Sports, GALERIA Logistik, SPORTARENA, Le Buffet Restaurant&Café, DINEA Gastronomie, Karstadt Feinkost, ATRYS I and Saks Fifth Avenue OFF 5th Europe Unser Newsticker zum Thema Kaufhof Karstadt enthält aktuelle Nachrichten von heute Dienstag, dem 28. Breaking News; Galeria Karstadt Kaufhof closes 62 branches.
It is mandatory to procure user consent prior to running these cookies on your website. Mix. 3.07.2020 10:47 (Act. Breaking News; Galeria Karstadt Kaufhof closes 62 branches. Print. To do this, it plans on opening several secondhand department stores. Galeria Karstadt Kaufhof is Europe’s largest department store chain.
(06.11.2019) Karstadt und Galeria Kaufhof sind bald eins. 0. Linkedin. The company was hard-hit by coronavirus, with many outlets forced to stay closed even as the lockdown was lifted. Email. Jetzt gibt es ein Ergebnis. One of Europe’s largest department store chains, Galeria Karstadt Kaufhof, said it plans to close around a third of its locations.
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ZEIT ONLINE | News, backgrounds and debatesEssen (AP) - The battered department store chain Galeria Karstadt Kaufhof wants to close six branches less than originally planned, according to the landlord's concessions. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. There are 243 branches of different kinds in Europe, 172 of them in Germany. In negotiations with the landlords, the group was able to save some department stores - including in Nuremberg, Chemnitz and Goslar.
Under creditor protection, the company will be allowed to restructure while its stores remain closed to fight the spread of coronavirus. This website uses cookies to improve your experience while you navigate through the website. This initially applies to the period up to June 2020.
One of Europe’s largest department store chains, Galeria Karstadt Kaufhof, said it plans to close around a third of its locations.Negotiations with landlords and union representatives are ongoing, but 62 out of 172 department stores, all in Germany, are likely to close, the company said, along with two discount stores, where excess stock is sold at lower prices.
0. For the Karstadt Department stores in Dortmund, Nuremberg, Lorenz Church, Goslar and Potsdam, and the Kaufhof stores in Chemnitz and Leverkusen, there is now a perspective […] Pinterest.
Nun sind interne Zahlen aufgetaucht, die zeigen, wie schlecht es um die Einzelunternehmen steht. If things do not go well — for example, if ongoing talks about rents falter — then as many as 80 stores could close.According to German media, which cited a list of potential closures, the decision was the result of an agreement on Friday between local unions and Galeria Karstadt Kaufhof management.
July 1, 2020, 4:30 AM Insolvency proceedings for Galeria Karstadt Kaufhof and eight units starts, according to emailed statement from Essen court. Für viele... Yahoo Daily News 2020-06-18 Home Breaking News Galeria Karstadt Kaufhof closes 62 branches. Staff were told about it around 2 p.m. local time on Friday and the agreement will be presented to creditors for approval on Monday.The department store chain, which is more than a century old, The union involved, Verdi, said as many as 6,000 of a total of 28,000 staff could lose their jobs. These cookies do not store any personal information.Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies.