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 |
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 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.
The Hudson's Bay Company is an American and Canadian-based retail business group. A fur trading business for much of its existence, it became the largest and oldest corporation in Canada, before evolving into a major fashion retailer, operating retail stores across both the United States and Canada. The company's namesake business division is Hudson's Bay, commonly referred to as The Bay.
Zellers was a Canadian discount store chain founded by Walter P. Zeller in 1931. It was acquired by the Hudson's Bay Company (HBC) in 1978, and after a series of acquisitions and expansions, peaked with 350 locations in 1999. However, fierce competition and an inability to adapt during the retail apocalypse resulted in Zellers losing significant ground in the 2000s.
Hudson's Bay, also known as The Bay, is a Canadian department store chain. It is the flagship brand of the Hudson's Bay Company (HBC), the oldest and longest-surviving company in North America as well as one of the oldest and largest continuously operating companies in the world.
Metro AG is a German multinational company based in Düsseldorf which operates business membership-only cash and carry stores primarily under the Metro brand. As of March 2024, Metro is operating 626 wholesale stores in 21 countries, including Europe, Kazakhstan, and Pakistan.
The Robert Simpson Company Limited, commonly known as Simpson's until 1972, then as Simpsons, and in Quebec sometimes as Simpson, was a Canadian department store chain that had its earliest roots in a store opened in 1858 by Robert Simpson.
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Lord & Taylor was the oldest-surviving department store chain in the United States. The company operated full-line department stores from 1826 until it filed for bankruptcy in 2020. The following year, in 2021, it closed all its brick-and-mortar stores. Saadia Group acquired the Lord & Taylor intellectual property and relaunched the e-commerce website later that same year.
Leonhard Tietz was a German department store entrepreneur and art collector of Jewish origin.
Karstadt Warenhaus GmbH was a German department store chain whose headquarters were in Essen. Until 30 September 2010 the company was a subsidiary of Arcandor AG and was responsible within the group for the business segment of over-the-counter retail.
INNO, formerly branded Galeria Inno, is a Belgian department store chain that operates 16 stores. It is a subsidiary of German Galeria Karstadt Kaufhof.
NRDC Equity Partners (NRDC) is an American private investment firm focused on retail, real estate, and consumer branded businesses.
Richard Alan Baker is an American business executive. He is the Governor, CEO, and Executive Chairman of Hudson's Bay Company (HBC) and executive chairman of each of HBC's eight portfolio companies. He is also the owner of National Realty and Development Corp. (NRDC), a US-based private real estate development and investment company, and is the Chairman of the Retail Opportunity Investments Corp. (ROIC), a public real estate company.
Horten AG (Aktiengesellschaft) was a German department store chain founded by Helmut Horten in 1936 and headquartered in Düsseldorf, Germany.
René Benko is a bankrupt Austrian real estate, media and retail investor and was founder of the Signa Holding. The company was considered Austria's largest privately held real estate conglomerate. Benko was considered one of the richest Austrians. Numerous controversies have surrounded Benko’s professional career. In March 2024 Benko declared personal insolvency.
The Karstadt München Bahnhofplatz is a department store of the Karstadt Warenhaus GmbH located in Maxvorstadt, Munich. The store closed on June 30, 2023.
Signa Holding GmbH is Austria's largest privately owned real estate company. Signa Holding GmbH announced insolvency proceedings at the end of November 2023. The company will apply for self-administration restructuring proceedings at the Commercial Court of Vienna.
Olaf Koch is a German business executive. He is a member of the supervisory board of Daimler AG and founder of the venture capital firm Zintinus. From 2012 to 2020 he was CEO of Metro AG.
Galeria Karstadt Kaufhof GmbH, based in Essen, Germany, is the second largest department store group in Europe, with 131 locations and 18,000 employees. The company was formed in 2018 with the merger of two of Germany's most historic department store chains, Galeria Kaufhof and Karstadt. On August 20, 2021, it was announced that all stores of both chains would be rebranded as Galeria. The first three stores and the online store were rebranded on October 27, 2021, with remaining stores following.
Vobis GmbH is a German computer hardware company and reseller of computer systems. During its tenure under Metro AG in the 1990s, it was the largest retailer of personal computers in Europe. The company also sells cell phones in Russia under the Highscreen name, a trademark used previously in the 1990s for its pan-European computer systems.
Media related to Galeria Kaufhof at Wikimedia Commons