General

Karstadt enhances purchasing clout

“Integrated procurement areas gaining responsibility” As part of its ongoing successful restructuring, Karstadt is enhancing its purchasing clout by significantly strengthening the competence of its key product areas. As Jörg Peter Schmiddem, Chief Merchandise Officer of Karstadt Warenhaus GmbH, says: “Having become much more efficient in the past 12 months and gained considerably greater proximity… → further information

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General

Karstadt sends signal in sustainability: nationwide introduction of reusable shopping bags from May 2016

From May 2016, Karstadt will introduce reusable shopping bags in all department stores. In this way, it is sending an industry-wide signal for more sustainability and making a contribution to the prevention of waste. “We made a conscious decision in favour of reusable shopping bags and are making a big step towards sustainability with the… → further information

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General

Sparkasse Südholstein purchases “Am Großflecken” property in Neumünster – Karstadt withdraws closure plans

The Sparkasse Südholstein savings bank has announced today that it has purchased the “Am Großflecken” property in the centre of Neumünster effective 1 July 2016. Confidentiality about the purchase price was agreed. The Karstadt department store, which was originally supposed to close at the end of June 2016, currently occupies this property. Following constructive discussions… → further information

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General

Negotiations successful: Karstadt Dessau to stay

Thanks to constructive and successful negotiations between the Karstadt management team and the old and new owners of the property, the Karstadt store in Dessau can stay. Karstadt’s Director of Labour Relations and CFO Miguel Müllenbach comments: “We are very happy that we have succeeded in keeping the Dessau location and the roughly 70 jobs… → further information

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General

Eataly and SIGNA Retail launch joint venture

Eataly Distribuzione and SIGNA Retail are launching a joint venture to introduce the successful Eataly concept in Germany, Austria and German-speaking Switzerland. In the first step, Eataly and SIGNA will become shareholders of Eataly Distribution Deutschland GmbH. Eataly now operates 26 locations in the USA, Brazil, Dubai, Japan, South Korea, Turkey and Italy and is… → further information

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