= “articlemeta-left”> Updated 13th September 2014 23:16 clock

Berlin (dpa) – After the acquisition of Karstadt by real estate investor Rene Benko Tyrolean the Supervisory Board approves the executives on a “profound restructuring program” one. Without this the existence of the department store chain was secured only until March 2016, citing the “Bild am Sonntag” from an eight-sided concept. Cash and cash equivalents are currently still sufficient, but were exhausted from March without countermeasures. The 83 branches stood before cuts. The sales staff should also be reduced as the number of funds.