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(m+) Galeria Karstadt Kaufhof: The department store group is not expected to make money again until 2026

10/19/2023, 1:25:51 PM

Highlights: Galeria Karstadt Kaufhof not expected to make money again until 2026. The department store giant is losing millions. Internal planning figures reveal that the turnaround is not expected until the 2025/26 financial year. Manager Magazine Plus and Harvard Business manager+ in one package. All m+ and HBm+ content on the manager-magazin.de page and in the manager Messages app. The content of the printed magazines incl. e-paper (PDF)Try it now for € 0.99. Can be cancelled at any time.

The department store giant is losing millions. The Supervisory Board is alarmed. And internal planning figures reveal that the turnaround is not expected to take place until the 2025/26 financial year.

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"Presence instead of PowerPoint": With this motto, Olivier van den Bossche wants to lead the department store group in the future

Photo: Henning Kaiser / dpa

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