Galeria Kaufhof: Why things could get really tight this time

Galeria Kaufhof: Why things could get really tight this time

Galeria Kaufhof is once again struggling to survive. The Signa Group behind it is also struggling with problems: new allegations of corruption against founder René Benko are threatening the company.

This article is an acquisition of Capital+, Capital’s premium digital offering. For you as a stern PLUS subscriber, it is exclusively available here until December 1st, 2022. After that, it will again only be available to Capital+ subscribers at

Anyone who wants to shop in the Karstadt branch in Bielefeld has been able to sleep a little longer since this summer. The department store in the pedestrian zone only opens at 10 a.m. On a mid-October morning, two dozen people are waiting for a security guard to unlock the doors. When asked why the sale started so late, an employee replies: “Save energy.” And adds after a short break: “That’s the official reason.”

Source: Stern

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts

could be sentenced to 40 years in prison

could be sentenced to 40 years in prison

It started in Brazil The trial against the former president Jair Bolsonaroaccused of having led a “Criminal Organization” to ignore the results of the October