Galeria Kaufhof: Difference between revisions
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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}}</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> |
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}}</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> |
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On March |
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. |
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==Business portfolio== |
==Business portfolio== |
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*Galeria Kaufhof - 97 branches |
*Galeria Kaufhof - 97 branches |
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*DINEA Gastronomie GmbH - 58 restaurants |
*DINEA Gastronomie GmbH - 58 restaurants |
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*[[Galeria Inno]] - 16 stores in Belgium<ref>[https://www.inno.be/fr-be/about-us/ Galeria Inno - History] (in French)</ref> |
*[[Galeria Inno]] - 16 stores in Belgium<ref>[https://www.inno.be/fr-be/about-us/ Galeria Inno - History] (in French)</ref> |
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==References== |
==References== |
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Revision as of 01:28, 16 August 2019
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.jpg) Galeria Kaufhof Cologne, Hohe Straße | |
| Company type | GmbH |
|---|---|
| Industry | Retail |
| Genre | Department store |
| Predecessor | Kaufhof Warenhaus AG |
| Founded | 1879 |
| Founder | Leonhard Tietz |
| Headquarters | , Germany |
Areas served |
|
Key people | Dr. Wolfgang Link (Chairman of the Board) |
Number of employees | 21 500 (2014) |
| Parent | Hudson's Bay Company |
| Website | galeria-kaufhof |
Galeria Kaufhof GmbH is a German department store chain whose headquarters are in Cologne. 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.[1] In September 2018 they announced plans to merge with their largest competitor Karstadt.[2] 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.[3]
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
- Galeria Kaufhof - 97 branches
- DINEA Gastronomie GmbH - 58 restaurants
- Galeria Inno - 16 stores in Belgium[4]
References
- ^ "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. Retrieved 2016-12-09.
- ^ "Germany's Karstadt and Galeria Kaufhof Department Stores Merge". 11 September 2018. Retrieved 24 October 2018.
- ^ Hudson's Bay Stock Soars 43% on Buyout Interest and Exit From Europe Yahoo Finance on 10th of June 2019
- ^ Galeria Inno - History (in French)
External links
Media related to Galeria Kaufhof at Wikimedia Commons- Official website Template:De icon
- Documents and clippings about Kaufhof-Warenhaus AG in the 20th Century Press Archives of the ZBW
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