Galeria Kaufhof: Difference between revisions

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{{Short description|German department store chain}}
{{Infobox company
{{Infobox company
| name = Galeria Kaufhof GmbH
| name = Galeria Kaufhof GmbH
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| industry = [[Retail]]
| industry = [[Retail]]
| genre = [[Department store]]
| genre = [[Department store]]
| fate =
| fate = Merged with [[Karstadt]]
| predecessor = Kaufhof Warenhaus AG
| predecessor = Kaufhof Warenhaus AG
| successor = <!-- or: | successors = -->
| successor = [[Galeria Karstadt Kaufhof]]
| founded = 1879
| founded = {{Start date and age|1879}}
| founder = [[Leonhard Tietz]]
| founder = [[Leonhard Tietz]]
| defunct = <!-- {{End date|YYYY|MM|DD}} -->
| defunct = <!-- {{End date|YYYY|MM|DD}} -->
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| num_employees_year =2014
| num_employees_year =2014
| parent = [[Signa Holding]]
| parent = [[Signa Holding]]
| website = {{URL|https://galeria-kaufhof.de}}}}
| website =
}}


⚫
'''Galeria Kaufhof GmbH''' was a German department store chain, headquartered in [[Cologne]]. It was a member of the [[International Association of Department Stores]] from 1930 to 2010, with various CEOs acting as presidents of the Association over time.<ref>{{Cite web|title=IADS Presidents|url=https://www.iads.org/web/home-public/2303-iads-presidents.php|access-date=2021-04-22|website=www.iads.org}}</ref><ref>{{Cite web|title=News releases - www.stockmanngroup.com|url=http://www.stockmanngroup.com/en/news-releases/-/stock/showDisclosure/93093/STOCKMANN%2527S%20CEO%20HANNU%20PENTTIL%25C3%2584%20APPOINTED%20AS%20PRESIDENT%20OF%20THE%20INTERNATIONAL%20DEPARTMENT%20STORE%20ORGANIZA|access-date=2021-06-20|website=www.stockmanngroup.com}}</ref>
[[File:Galeria_Karstadt_Kaufhof_Logo.svg|thumb|Logo of Galeria Karstadt Kaufhof since March 25th 2019]]


⚫
Until 30 September 2015, the company was a subsidiary of [[Metro AG]], when the company announced that it had been acquired by [[Hudson's Bay Company]].<ref>{{cite press release |date=2015-09-30 |title=Mehr Wachstum, besseres Kundenerlebnis – GALERIA Kaufhof-Gruppe wird Teil von HBC |trans-title=More growth, better buying experience - GALERIA Kaufhof-Gruppe will be part of HBC |url=https://www.galeria-kaufhof.de/ueber-uns/presse/pressemitteilungen/pressemitteilung-150930.html |language=German |publisher=Galeria Kaufhof GmbH |access-date=2016-12-09 |archive-url=https://web.archive.org/web/20160304134312/https://www.galeria-kaufhof.de/ueber-uns/presse/pressemitteilungen/pressemitteilung-150930.html |archive-date=2016-03-04 |url-status=dead }}</ref> In September 2018 they announced plans to merge with their largest competitor [[Karstadt]].<ref>{{cite web|url=https://wwd.com/business-news/mergers-acquisitions/germany-karstadt-galeria-kaufhof-department-stores-merger-hudsons-bay-signa-1202802880/|title=Germany's Karstadt and Galeria Kaufhof Department Stores Merge|date=11 September 2018|publisher=|accessdate=24 October 2018}}</ref> In June 2019 all the shares of Galeria Kaufhof were bought by the Austrian company [[Signa Holding]], who been the partner in the former merger.<ref>[https://finance.yahoo.com/news/hudson-apos-bay-stock-soars-112500386.html Hudson's Bay Stock Soars 43% on Buyout Interest and Exit From Europe] Yahoo Finance on 10th of June 2019</ref>
⚫
'''Galeria Kaufhof GmbH''' is a German department store chain whose headquarters are in [[Cologne]]. It has been a member of the [[International Association of Department Stores]] from 1930 to 2010, with various CEOs acting as presidents of the Association over time.<ref>{{Cite web|title=IADS Presidents|url=https://www.iads.org/web/home-public/2303-iads-presidents.php|access-date=2021-04-22|website=www.iads.org}}</ref><ref>{{Cite web|title=News releases - www.stockmanngroup.com|url=http://www.stockmanngroup.com/en/news-releases/-/stock/showDisclosure/93093/STOCKMANN%2527S%20CEO%20HANNU%20PENTTIL%25C3%2584%20APPOINTED%20AS%20PRESIDENT%20OF%20THE%20INTERNATIONAL%20DEPARTMENT%20STORE%20ORGANIZA|access-date=2021-06-20|website=www.stockmanngroup.com}}</ref>


⚫
On March 25, 2019 [[Karstadt]] & Galeria Kaufhof launched their merged company, [[Galeria Karstadt Kaufhof]], based in Essen, with a new logo and a new website ''galeria.de''.
⚫
Until 30 September 2015, the company was a subsidiary of [[Metro AG]], when the company announced that it had been acquired by [[Hudson's Bay Company]].<ref>{{cite press release |date=2015-09-30 |title=Mehr Wachstum, besseres Kundenerlebnis – GALERIA Kaufhof-Gruppe wird Teil von HBC |trans-title=More growth, better buying experience - GALERIA Kaufhof-Gruppe will be part of HBC |url=https://www.galeria-kaufhof.de/ueber-uns/presse/pressemitteilungen/pressemitteilung-150930.html |language=German |publisher=Galeria Kaufhof GmbH |access-date=2016-12-09 |archive-url=https://web.archive.org/web/20160304134312/https://www.galeria-kaufhof.de/ueber-uns/presse/pressemitteilungen/pressemitteilung-150930.html |archive-date=2016-03-04 |url-status=dead }}</ref> In September 2018 they announced plans to merge with their largest competitor [[Karstadt]].<ref>{{cite web|url=https://wwd.com/business-news/mergers-acquisitions/germany-karstadt-galeria-kaufhof-department-stores-merger-hudsons-bay-signa-1202802880/|title=Germany’s Karstadt and Galeria Kaufhof Department Stores Merge|date=11 September 2018|publisher=|accessdate=24 October 2018}}</ref> In June 2019 all the shares of Galeria Kaufhof were bought by the Austrian company [[Signa Holding]], who been the partner in the former merger.<ref>[https://finance.yahoo.com/news/hudson-apos-bay-stock-soars-112500386.html Hudson's Bay Stock Soars 43% on Buyout Interest and Exit From Europe] Yahoo Finance on 10th of June 2019</ref>

⚫
On March 25, 2019 Karstadt & Galeria Kaufhof presented the new logo of their merged company '''Galeria Karstadt Kaufhof'''. They launched their new website ''galeria.de'' on that day, too.


==Business portfolio==
==Business portfolio==
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==External links==
==External links==
{{Commons-inline}}
{{Commons-inline}}
*{{Official website|https://www.galeria.de/}} {{in lang|de}}
*{{PM20|FID=co/014052|TEXT=Documents and clippings about|NAME=Kaufhof-Warenhaus AG}}
*{{PM20|FID=co/014052|TEXT=Documents and clippings about|NAME=Kaufhof-Warenhaus AG}}


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[[Category:Department stores of Germany]]
[[Category:Department stores of Germany]]
[[Category:1879 establishments in Germany]]
[[Category:1879 establishments in Germany]]
[[Category:Signa Holding|Galeria Kaufhof ]]



{{Retail-company-stub}}
{{Retail-company-stub}}

Latest revision as of 08:31, 30 January 2024

Galeria Kaufhof GmbH
Company typeGmbH
IndustryRetail
GenreDepartment store
PredecessorKaufhof Warenhaus AG
Founded1879; 145 years ago (1879)
FounderLeonhard Tietz
FateMerged with Karstadt
SuccessorGaleria Karstadt Kaufhof
Headquarters
Cologne
,
Germany
Areas served
  • Germany
  • Belgium
Key people
Dr. Wolfgang Link (Chairman of the Board)
Number of employees
21 500 (2014)
ParentSigna Holding

Galeria Kaufhof GmbH was a German department store chain, headquartered in Cologne. It was a member of the International Association of Department Stores from 1930 to 2010, with various CEOs acting as presidents of the Association over time.[1][2]

Until 30 September 2015, the company was a subsidiary of Metro AG, when the company announced that it had been acquired by Hudson's Bay Company.[3] In September 2018 they announced plans to merge with their largest competitor Karstadt.[4] In June 2019 all the shares of Galeria Kaufhof were bought by the Austrian company Signa Holding, who been the partner in the former merger.[5]

On March 25, 2019 Karstadt & Galeria Kaufhof launched their merged company, Galeria Karstadt Kaufhof, based in Essen, with a new logo and a new website galeria.de.

Business portfolio[edit]

  • Galeria Kaufhof - 97 branches
  • DINEA Gastronomie GmbH - 58 restaurants
  • Galeria Inno - 16 stores in Belgium[6]

References[edit]

  1. ^ "IADS Presidents". www.iads.org. Retrieved 2021-04-22.
  2. ^ "News releases - www.stockmanngroup.com". www.stockmanngroup.com. Retrieved 2021-06-20.
  3. ^ "Mehr Wachstum, besseres Kundenerlebnis – GALERIA Kaufhof-Gruppe wird Teil von HBC" [More growth, better buying experience - GALERIA Kaufhof-Gruppe will be part of HBC] (Press release) (in German). Galeria Kaufhof GmbH. 2015-09-30. Archived from the original on 2016-03-04. Retrieved 2016-12-09.
  4. ^ "Germany's Karstadt and Galeria Kaufhof Department Stores Merge". 11 September 2018. Retrieved 24 October 2018.
  5. ^ Hudson's Bay Stock Soars 43% on Buyout Interest and Exit From Europe Yahoo Finance on 10th of June 2019
  6. ^ Galeria Inno - History Archived 2017-07-31 at the Wayback Machine (in French)

External links[edit]

Media related to Galeria Kaufhof at Wikimedia Commons

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