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]
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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 |
| Fate | Merged with Karstadt |
| Successor | Galeria Karstadt Kaufhof |
| Headquarters | , Germany |
Areas served |
|
Key people | Dr. Wolfgang Link (Chairman of the Board) |
| Revenue | 3,120,000,000 Euro (2014)  |
Number of employees | 21 500 (2014) |
| Parent | Signa Holding |
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 25 March 2019, Karstadt and 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- ^ "IADS Presidents". www.iads.org. Retrieved 22 April 2021.
- ^ "News releases - www.stockmanngroup.com". www.stockmanngroup.com. Retrieved 20 June 2021.
- ^ "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. 30 September 2015. Archived from the original on 4 March 2016. Retrieved 9 December 2016.
- ^ "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 10 June 2019
- ^ Galeria Inno - History Archived 31 July 2017 at the Wayback Machine (in French)
External links
edit
Media related to Galeria Kaufhof at Wikimedia Commons
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