Kaufhof

Galeria Kaufhof GmbH
	Galeria Kaufhof Cologne, Hohe Straße
Company type	GmbH
Industry	Retail
Genre	Department store
Predecessor	Kaufhof Warenhaus AG
Founded	1879; 145 years ago
Founder	Leonhard Tietz
Fate	Merged with Karstadt
Successor	Galeria Karstadt Kaufhof
Headquarters	Cologne, Germany
Areas served	Germany; Belgium;
Key people	Dr. Wolfgang Link (Chairman of the Board)
Revenue	3,120,000,000 Euro (2014)
Number of employees	21 500 (2014)
Parent	Signa 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 March 25, 2019 Karstadt & 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

^ "IADS Presidents". www.iads.org. Retrieved 2021-04-22.
^ "News releases - www.stockmanngroup.com". www.stockmanngroup.com. Retrieved 2021-06-20.
^ "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. 2015-09-30. Archived from the original on 2016-03-04. Retrieved 2016-12-09.
^ "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 10th of June 2019
^ Galeria Inno - History Archived 2017-07-31 at the Wayback Machine (in French)

External links

Media related to Galeria Kaufhof at Wikimedia Commons

Documents and clippings about Kaufhof-Warenhaus AG in the 20th Century Press Archives of the ZBW

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[1] "IADS Presidents". www.iads.org. Retrieved 2021-04-22.

[2] "News releases - www.stockmanngroup.com". www.stockmanngroup.com. Retrieved 2021-06-20.

[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. 2015-09-30. Archived from the original on 2016-03-04. Retrieved 2016-12-09.

[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 10th of June 2019

[6] Galeria Inno - History Archived 2017-07-31 at the Wayback Machine (in French)

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Authority control databases
International	VIAF 2 WorldCat
National	Germany Israel Czech Republic