Galeria is saved: restructuring plan approved
Galeria Karstadt Kaufhof's creditors approved the restructuring plan on Tuesday. The new owners can get to work on reviving the department store chain.
Source: retaildetail.eu
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Jobs massacre at department store chain Galeria Karstadt Kaufhof
Retail workers should place no faith in the Verdi trade union, which has once again welcomed a supposed “saviour” for Galeria Karstadt Kaufhof and is actively assisting in imposing redundancies and closures.
Source: wsws.org
Starbucks aims for more quiet experience - The Boston Globe
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Source: bostonglobe.com
Germany's Galeria sold to US investor Baker and Beetz consortium
Germany's Galeria Karstadt Kaufhof is to be taken over by a consortium of U.S. investor Richard Baker and German businessman Bernd Beetz, the retailer said on Wednesday. The announcement...
Source: marketscreener.com
AP Business SummaryBrief at 8:42 a.m. EDT
Higher gas and rents keep US inflation elevated, likely delaying Fed rate cuts
Source: mankatofreepress.com