Galeria Kaufhof

Galeria Kaufhof GmbH
Company typeGmbH
IndustryRetail
GenreDepartment store
PredecessorKaufhof Warenhaus AG
Founded1879; 145 years ago (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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