[HIGHLIGHTS] New clear-cutting at the department store giant – branch closures in prospect

New clear-cutting at the department store giant – branch closures in prospect. As of: March 15, 2024, 9:29 a.m By: Bleranda Shabani CommentsPressSplit Galeria Karstadt Kaufhof is facing its third bankruptcy.

Job cuts and branch closures are on the horizon. The department store chain is currently expecting a new investor. However, this could not take over all branches. A purchase agreement is expected to be drawn up in March, with a deadline of March 22nd.