Business Model
The historic fusion of Karstadt and Kaufhof makes it possible to realise a vision of a marketplace of the future, right in the middle of all relevant German city centres. Intelligently linked with successful digital platforms, a company was created that can reach 80 percent of the urban population in the immediate vicinity. These strengths are unique – and will remain so.
While leading purely online providers are desperately looking for presentation space in prime locations, the joint venture is creating an excellent starting position with its established inner-city locations.
. The goal is nothing short of playing a major role in shaping the future of city centres and inner-city retail in general. The new GALERIA Karstadt Kaufhof Group employs around 20,000 people.