Galeria Kaufhof

In today's world, Galeria Kaufhof has become a topic of great relevance and debate. Since its origin, Galeria Kaufhof has impacted people's lives in various ways, generating conflicting opinions and divergent positions. Its influence has transcended borders and has marked a before and after in the history of humanity. Over time, Galeria Kaufhof has been the object of study, analysis and reflection, and its importance has not stopped growing. In this article, we will explore the different facets of Galeria Kaufhof, analyzing its impact on current society and its projection in the future.

Galeria Kaufhof GmbH
Company typePrivate
IndustryRetail
GenreDepartment store
PredecessorKaufhof Warenhaus AG
Founded1879 (1879)
FounderLeonhard Tietz
FateMerged with Karstadt
SuccessorGaleria Karstadt Kaufhof
Headquarters
Cologne
,
Germany
Areas served
  • Germany
  • Belgium
Key people
Dr. Wolfgang Link (chairman of the board)
Revenue3,120,000,000 euro (2014) Edit this on Wikidata
Number of employees
21 500 (2014)
ParentSigna 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.

Business portfolio

  • Galeria Kaufhof - 97 branches
  • DINEA Gastronomie GmbH - 58 restaurants
  • Galeria Inno - 16 stores in Belgium[6]

References

  1. ^ "IADS Presidents". www.iads.org. Retrieved 22 April 2021.
  2. ^ "News releases - www.stockmanngroup.com". www.stockmanngroup.com. Retrieved 20 June 2021.
  3. ^ "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.
  4. ^ "Germany's Karstadt and Galeria Kaufhof Department Stores Merge". 11 September 2018. Retrieved 24 October 2018.
  5. ^ Hudson's Bay Stock Soars 43% on Buyout Interest and Exit From Europe Yahoo Finance on 10 June 2019
  6. ^ Galeria Inno - History Archived 31 July 2017 at the Wayback Machine (in French)

Media related to Galeria Kaufhof at Wikimedia Commons

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