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 for the future , informed the Chairman of the Board of management Miguel müllenbach on Friday in a letter to Employees. Around 750 employees keep their jobs. The summer sale has begun!

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In difficult negotiations had succeeded, the economic conditions, so that the branches could be continued, - said the Manager, who himself led the negotiating team. For the remaining 56 homes were on the closure list, there is in the face of high Rents and socio-demographic Disadvantage, however, is still "no economic progress leadership perspective".

Galeria, Karstadt and Kaufhof: "The Mass closures are a deep incision"

just two weeks ago, the retail giant had announced, to the horror of many employees and the affected communities, the closure of a total of 62 branches in 47 cities. The GKK-General Manager Arndt Geiwitz said at the time: "This step is without Alternative, because these stores threaten the total existence of the company." A little later it became known that the group also wants to close 20 out of 30 branches of the subsidiary Karstadt Sports, and up to 24 branches of Karstadt feinkost.

In the affected municipalities, the announcements, in many cases, led to concern that the depopulation of the inner cities. The Vice-President of the German Association of cities, Markus Lewe, said: "The mass closures of stores at Karstadt, Kaufhof are for the affected cities, a deep incision. With these Department stores is a place of care and encounter, is lost."

Severe crisis in Galeria, Karstadt, Kaufhof

Galeria, Karstadt, Kaufhof was by the pandemic closure of all branches of the conditional into a severe crisis and had to look at the beginning of April the rescue in a protective shield procedure. The group expects a result of the pandemic and the triggered economic downturn until the end of 2022, with a loss of turnover of up to EUR 1.4 billion. According to a Tweet from Merz Neubauer, responded: "I'm afraid he has somewhat misunderstood the" FOCUS Online/Wochit After Tweet of Merz counters Neubauer: "I'm afraid he's a little misunderstood" In FOCUS Online/Wochit In the

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Date Of Update: 05 July 2020, 11:26