Posts tagged as metro

  • Monday, September 30th 2013

    Karstadt takeover fuels rumors of possible merger with Kaufhof—again

    by Markus Huber

    In an interview with Wirtschaftswoche, the German business weekly, Olaf Koch, chief executive of Kaufhof’s parent Metro AG, has brought back to the table a suggested possible merger between Karstadt and Galeria Kaufhof, Germany’s leading department stores that both run their own specialty sporting goods chains. Koch hinted that Kaufhof might be up for sale […]

  • Wednesday, March 20th 2013

    Kaufhof impresses with stronger than expected earnings

    by Markus Huber

    It rarely happens that Metro AG, the big German cash & carry and retail operator, is pleased with the performance of Galeria Kaufhof, its chain of department stores and sports shops. Olaf Koch, Metro’s chief executive, even said this time: “Kaufhof was super.” As reported earlier this year, when Metro put out its unaudited figures […]

  • Tuesday, January 17th 2012

    Metro halts talks to sell Kaufhof

    by Markus Huber

    Metro Group has put an end to negotiations with potential buyers of its department store chain Galeria Kaufhof along with the Sportarena chain. Olaf Koch, the group’s chief executive, explained today that the situation on the financial markets does not create the appropriate environment for such a transaction. The preliminary figures for the fiscal year […]