Company type | GmbH |
---|---|
Industry | Retail |
Genre | Department store |
Predecessor | Kaufhof Warenhaus AG |
Founded | 1879 |
Founder | Leonhard Tietz |
Fate | Merged with Karstadt |
Successor | Galeria Karstadt Kaufhof |
Headquarters | , Germany |
Areas served |
|
Key people | Dr. Wolfgang Link (Chairman of the Board) |
Revenue | 3,120,000,000 Euro (2014) |
Number of employees | 21 500 (2014) |
Parent | Signa Holding |
Galeria Kaufhof GmbH was a German department store chain, headquartered in Cologne. It was a member of the International Association of Department Stores from 1930 to 2010, with various CEOs acting as presidents of the Association over time.[1][2]
Until 30 September 2015, the company was a subsidiary of Metro AG, when the company announced that it had been acquired by Hudson's Bay Company.[3] In September 2018 they announced plans to merge with their largest competitor Karstadt.[4] In June 2019 all the shares of Galeria Kaufhof were bought by the Austrian company Signa Holding, who been the partner in the former merger.[5]
On 25 March 2019, Karstadt and Galeria Kaufhof launched their merged company, Galeria Karstadt Kaufhof, based in Essen, with a new logo and a new website galeria.de.