Find in the news:
BY COUNTRY

Metro sells Galeria Kaufhof for €2.83bn



The transaction involves 103 department store, as well as 16 stores Sportarena, 16 shopping centers under the name Galeria Inno and other assets.
Network of department stores Galeria Kaufhof change the owner - the German Metro Group has agreed to sell its retail asset to the Canadian group Hudson’s Bay Company. Hudson’s Bay Company is to buy the Galeria Kaufhof for €2.83bn including debt, in the Canadian group’s first foray into Europe.

The deal gives Hudson’s Bay 103 Galeria Kaufhof stores in Germany, 16 Galeria Inno stores in Belgium and 16 Sportarena stores. 

It is assumed that the company's headquarters after the sale will retain its residence in Cologne, and the staff of the company will be maintained at 21 500 employees. The transaction will be closed by the end of the third quarter of 2015. After the sale of positive cash flow Metro Group will amount to 1.6 billion euros, net debt will be reduced to 2.7 billion euros.

Galeria Kaufhof

According to the data on the beginning of in 2015 under the control of Groups Metro there were about 2200 of shops with the location of in 30 countries of the world. The total volume of of sales by results of the last of the financial year amounted to 63 billion euros. 

More about shopping malls in Germany



YESTERDAY, USA:
By the end of January 2022, Savage X Fenty will open five mono stores in the U.S.
Jan 23, 2022, USA:
Amazon Style is experimenting with various tech services to enhance the shopping experience.
Jan 20, 2022, USA:
The new tenants include both international brands and small local companies.
Jan 18, 2022, North America, North America:
A retailer has filed several new trademark applications, indicating that it intends to produce and sell virtual goods.
Jan 15, 2022, United Kingdom:
Selfridges will be the first-ever entry into the meta-universe, and for the department store's customers, it will be a unique token buying experience.
Jan 15, 2022, Japan:
Fast Retailing CFO: "It's time to review and raise prices on some products as we face higher costs."
Friend
and Follow
Aviapark GLA:2 475 699 SF
ADDRESS: ul. Aviakonstruktora Mikoyana, 10
Russia . Moscow region
Aviapark
Adigeo GLA:452 084 SF
ADDRESS: Verona city center
Italy . Verona
Adigeo
Liberty Center GLA:828 821 SF
USA . Cincinnati
Liberty Center
Asheville Outlets GLA:325 000 SF
ADDRESS: 800 Brevard Road, Asheville, NC 28806
USA . Asheville
Asheville Outlets


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us