87 206
Fashion Jobs
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · CLERMONT
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · DACULA
KOHLS
Technical Project Manager, Remote
Permanent · MENOMONEE FALLS
NAVY EXCHANGE
Vending Operations Clerk PT
Permanent · FALLON
NAVY EXCHANGE
Director, Facility Design %26 Construction
Permanent · VIRGINIA BEACH
NAVY EXCHANGE
Buyer (Level i And Level II) - Various Categories
Permanent · VIRGINIA BEACH
SPECIALIZED
Brand Development Manager - Michigan
Permanent · LANSING
ECCO
Third Keyholder
Permanent · ELIZABETH
ECCO
Third Keyholder
Permanent · LAS VEGAS
ECCO
Sales Manager - National Accounts (Remote)
Permanent · LONDONDERRY
ECCO
Third Keyholder
Permanent · ROSEMONT
LULULEMON
Community Specialist | Summit, Springfield Ave
Permanent · SUMMIT
LULULEMON
Expeditor | Cherry Creek
Permanent · DENVER
LULULEMON
Community Specialist | Friendly Center
Permanent · GREENSBORO
NORDSTROM
Customer Service Representative - Hillsdale Shopping Center
Permanent · SAN MATEO
NORDSTROM
Retail Stock - Mercer Mall Rack
Permanent · LAWRENCE TOWNSHIP
NORDSTROM
Manager- Service Experience- Baton Rouge Mall Rack
Permanent · BATON ROUGE
NORDSTROM
Retail Stock - Sugar House Rack
Permanent · SALT LAKE CITY
NORDSTROM
Asset Protection - Agent - Aventura
Permanent · AVENTURA
NORDSTROM
Retail Stock - Northwoods Rack
Permanent · SAN ANTONIO
NEIMAN MARCUS
Business Manager Tom Ford, Beauty (PT, 35 Hours) - FT. Worth
Permanent · FORT WORTH
NEIMAN MARCUS
Sales Manager, Designer Rtw
Permanent · CORAL GABLES
By
Reuters
Published
Oct 24, 2014
Download
Download the article
Print
Text size

Germany's Karstadt may shut six facilities

By
Reuters
Published
Oct 24, 2014

DUSSELDORF, Germany - Ailing German department stores group Karstadt is aiming to close six facilities, including two stores, sources said on Thursday, as the loss-making chain struggles to cut costs.

Management representatives are pushing for the closures at a meeting of the company's supervisory board, two people familiar with the situation told Reuters, declining to be identified because the matter is confidential.


Karstadt's plans for so-called K-Town young fashion shops could also be axed, the sources added.

A Karstadt spokesman declined to comment, referring to a pending statement by the company.

Privately-held Karstadt is a familiar sight in German cities and is the owner of the KaDeWe luxury department store in Berlin. It has seen its sales fall, while rival chain Kaufhof gained market share.

In August the chain changed hands for a second time in four years, with Austrian investor Rene Benko set to restructure the loss-making chain after paying a token 1 euro.

There has long been speculation that Karstadt and Kaufhof, each running around 100 stores, could merge, though retail group Metro which owns Kaufhof, has always rejected such a move.

© Thomson Reuters 2024 All rights reserved.