Trade: Karstadt Supervisory Board concludes from five department stores – ABC Online

Tuesday , 05.12.2015, 14:18

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has the ailing department store chain Karstadt, the closure of five other department stores decided.

This was announced by the company on Tuesday after a meeting of the Supervisory Board. Affected are the locations in Recklinghausen, Bottrop, Dessau, Neumünster and Mönchengladbach-Rheydt, it said. The company justified the closures, among others, a negative for many years in sales and earnings development of the sites.

 

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