The Karstadt – Kaufhof merger

The Karstadt – Kaufhof merger

The two big department store chains’ plans to merge have gone through quite a bit of up-and-down over the summer. The potential merger had been criticised for several reasons, such as job losses or pay cuts for employees. While it first seemed that the merger would fall through, mainly because of financial issues the Kaufhof owner, Hudson’s Bay Company, experienced, […]