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]
External links
References
- 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 Galeria Kaufhof GmbH, 30 September 2015, 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 (in French)^