KaDeWe Group GmbH is a group of three department stores in Germany with around 4,000 employees. [1] It is owned by the Thai Central Group.
The group was founded in 2014 by Signa Holding (at the time owner of German department store Galeria Kaufhof) and was also owned by Beny Steinmetz for a short period. In 2015 Central Group (who own a plethora of department stores in Asia and Europe) acquired a stake in the company. [2]
The construction of a new department store titled Lamarr (after actress Hedy Lamarr) was announced in 2022 to be built in Vienna. [3] However as of 2024 after the bankruptcy of Signa the project is for sale and no longer part of the group after Central purchased the company in 2024. [4]
In 2023, Signa Holding filed for bankruptcy and in mid-2024 Central Group purchased 100% of the company. [5] [6]
Globus is a Swiss department store company, with nine department stores in Switzerland. It is currently owned by a Thai company, Central Group, and an Austrian company, Signa Holding. The Globus group includes the Herren Globus chain of menswear stores and the Office World chain of office supplies stores, was previously owned by Switzerland's largest retailer, Migros.
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Arcandor AG was a holding company located in Essen, Germany, that oversaw a number of companies operating in the businesses of mail order and internet shopping, department stores and tourism services. It was formed in 1999 by the merger of Karstadt Warenhaus AG, founded in 1920, with Quelle AG, founded in 1927. In 2005, the corporation had about 68,000 employees and annual sales of €15.5 billion. Its stocks were traded on the Mid Cap DAX until September 2009. The company's largest store was Kaufhaus des Westens (KaDeWe) in Berlin, and the largest store operated by Karstadt was in Frankfurt.
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Mein Real was a chain of hypermarkets in Germany owned by Metro AG until 2020 when it was sold to The SCP Group. It was formed in 1992, from the merger of chains divi, Basar, Continent, Esbella and real-kauf. Until 2014 it was also active internationally, in Poland, Romania, Russia, Ukraine and Turkey; most of these operations were bought by French retail company Auchan Group. In 2018, Metro decided to divest the Real chain and in 2021, many markets were taken over by either Edeka, Kaufland, Globus, Rewe or V-Markt and got rebranded with the brand of the respective new owner. The process of selling was finished by mid of 2022. However, the original plans to liquidate real completely were dropped in early 2022 when it was decided that the remaining 60 stores will continue under the real brand name under new ownership. Real's former website (real.de) was replaced by kaufland.de in 2021. The new website can be found at meinreal.de.
Wittington Investments is the name of two privately owned holding companies, one based in Britain, the other in Canada. Both companies are controlled by the Weston family. Through these holding companies, the Weston family control some of the biggest names in food and retail on both sides of the Atlantic, including Loblaws and Associated British Foods.
Sears Holdings Corporation was an American holding company headquartered in Hoffman Estates, Illinois. It was the parent company of the chain stores Kmart and Sears and was founded after the former purchased the latter in 2005. It was the 20th-largest retailing company in the United States in 2015. It filed for Chapter 11 bankruptcy on October 15, 2018, and sold its assets to ESL Investments in 2019. The new owner moved Sears assets to its newly formed subsidiary Transformco.
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René Benko is a bankrupt Austrian real estate, media and retail investor, and was the 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 and had very good relations with leading politicians in Austria from all parties. Numerous controversies have surrounded Benko’s professional career. In March 2024 Benko declared personal insolvency.
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The Oberpollinger is a well-known upscale department store on Neuhauser Straße in Munich. It is run by KaDeWe Group GmbH and is the largest department store in Southern Germany. The building was built in 1905 by Max Littmann in the style of Historicism in the form of the Neo-Renaissance and is a listed building.