A comprehensive renovation is imminent for Galeria Karstadt Kaufhof.
According to the redevelopment concept, more than 10,000 jobs are at acute risk, reports the “Lebensmittelzeitung”.
In an interview with “Wirtschaftswoche”, the Group’s restructuring consultants also give hope that more branches than expected could survive.
Galeria Karstadt Kaufhof is to be comprehensively restructured. According to information from the “Lebensmittelzeitung”, this emerges from the management’s restructuring concept. Accordingly, not only are numerous locations to be closed and a third of the jobs cut, the Group is also to be fundamentally restructured. Different areas could be bundled and departments could be outsourced to separate companies. However, the concept has not yet been decided.
Report: More than 10,000 jobs at Galeria Karstadt Kaufhof are in acute danger
The “Lebensmittelzeitung” claims to have learned from insiders that more than 10,000 of the approximately 30,000 jobs at Galeria Karstadt Kaufhof are in acute danger. In addition, the remaining employees are threatened with a significant drop in salary, as upcoming pay increases are to be suspended. The goods service team, which has so far been directly employed by the group, could be outsourced.
Since the end of March, the department store chain, which has been in an acute crisis as a result of the corona pandemic, has been undergoing a protective shield procedure to avert bankruptcy. In a letter to the managers of the department store group, according to the newspaper, it was said for the rescue “contributions from shareholders as well as from suppliers, landlords and employees are necessary. This is the only way our company can survive in the long run ”.
The closure of branches also reportedly depends on whether their landlords are willing to cut rents. The Signa Group, the owner of Galeria Karstadt Kaufhof, probably only owns part of the property itself. There is no official information. According to the report, Signa and its partner René Benko should be ready to continue investing in the company. A medium three-digit million amount is possible.
General representative: Galeria Karstadt Kaufhof can be “saved despite all the problems”
It was recently announced that two areas could be particularly affected by the restructuring, as the “Lebensmittelzeitung” once again confirmed. Accordingly, up to 20 of the 30 branches of Karstadt-Sport are on the verge of extinction, as is the headquarters of Karstadt-Sport in Essen. The travel business could also be outsourced in whole or in part in the future. Other daughters such as Dinea Gastronomie or Karstadt Feinkost also threatened cuts. According to reports, a total of up to 80 of the 172 branches of the department store chain could close.
In an interview with the “Wirtschaftswoche” on Wednesday, the general representative of Galeria Karstadt Kaufhof, Arndt Geiwitz, also said that the department store group “can be saved despite all the problems”, “although not necessarily in its current form”. In the same interview, bankruptcy lawyer Frank Kebekus then gave a little hope that it might not be as drastic as previously feared. The 80 branches are not the final number, he said. And: “We took a very close look at all branches and can imagine reducing the number of closings even further.”
The two also speak in the interview of three lists – a black one, on which the profitable department stores would stand, which are not threatened by closures; a red one, with department stores that are closed in any case, and a gray one, on which are the department stores that are not yet certain. “Ideally, maybe two-thirds of the 172 department stores could continue in the end,” says Kebekus. And Geiwitz admits: “We do not want to deny that this is horror news for the employees.” This is the only way to save the company.
Verdi union sharply criticizes plans
The Verdi union sharply criticized the plans in a message: “This is brutal! It appears that the company management and the owner are misusing the Corona crisis in order to still implement their original plans for site closures and layoffs, ”Stefanie Nutzberger, the federal board member responsible for trade at the United Services Union (Verdi), accuses the Trading group.
Even before Christmas, the group had guaranteed the future for the department store and thus also a location and job security in the collective agreement. “A few weeks later, the turnaround and a clear cut come at the expense of the workers. Implementing this planning would have a devastating impact on the approximately 35,000 employees at Galeria Karstadt Kaufhof and in the group, ”said Benefitberger.
In a press release by the General Works Council of Galeria Karstadt Kaufhof, it said: “The cruelty measures in the draft of the restructuring plan are hard to beat and a general attack on all employees.”
The company’s remediation officers, Kebekus and Geiwitz, had already indicated that “the restoration ahead of us must be far more determined” than “we would like it to be”. The management also wrote that “unfortunately there must also be site closures and, accordingly, job cuts”, wrote “Manager Magazin”.
You can buy a mouthguard from these retailers
You can buy a mouthguard from these retailers
Edeka and Netto: luxury masks
Since May 11, Edeka and the discounter subsidiary Netto have also been selling luxury protective masks from Van Laack, a high-quality tailor and fashion label from Mönchengladbach. The protective masks are available from Netto at a price of 9.99 euros and from Edeka Nord at a price of 11.95 euros for the 5-pack. The Star Designer’s mouthguard filters dust and is supposed to be water-repellent on the outside and washable at 60 degrees.
Like many other retailers, Netto had already issued simple mouth and nose masks to its customers free of charge on the first day of the mask requirement. For example, the discounter has been selling disposable masks in a pack of 50 since the beginning of May.
dm: Export stop for respiratory protection, but one-way masks
At dm, the face masks of the in-house brand Mivolis were actually firmly included in the range. “However, it is no longer available until further notice, since it is produced in France and is therefore affected by the export stop for respiratory masks by the French government, which was decided by decree,” says Sebastian Bayer, responsible dm managing director for marketing and procurement.
Since April 27, dm has been offering its customers mouth-nose protection certified according to the standard for medical devices for one euro. The issue quantity is limited to three pieces per customer. Since the beginning of this week, dm customers have also had textile masks available for regular purchase. “In addition, we would like to offer our customers further product alternatives. In the coming days, disposable masks in different sizes will be available in our dm stores, ”said Bayer NewsABC.net.
Photo by Rust / ullstein via Getty Images
Aldi Süd: out of print quickly
Since April 30, the discounter has also been selling mouth-nose masks to its customers for single use. The set of 10 costs 6.99 euros. This was reported by the “Lebensmittelzeitung” (LZ). Although each customer was only allowed to purchase two packs per purchase, the masks are already sold out in many places.
“Due to the high demand, the disposable masks in some branches were quickly sold out,” said a spokeswoman for the company NewsABC.net.
However, further deliveries are planned for the next few weeks, according to Aldi Süd. “We ask our customers for understanding that the article can be sold out quickly due to the current situation and the associated high demand,” said the spokeswoman when we asked.
Kaufland: Two mask types now
From now on, Kaufland offers high quality disposable masks at affordable prices in all 670 branches nationwide. “Reusable fabric masks made from organic cotton will also be available from the end of May,” says Kaufland in a statement.
The disposable masks are available in two versions and packaging sizes: Masks of the DIN standard for mouth and nose protection in a 10-pack at 7.99 euros and in a 20-pack at 13.99 euros are fabric masks made of organic cotton “Made in.” Germany “available.
The fabric masks are available in different designs and also for 3.49 euros each.
Lidl: Most of it sold out
“Lidl sold a large part of the disposable masks that were delivered in the first stage on April 30th across Germany,” said a spokeswoman for Lidl NewsABC.net. Regionally, disposable masks are still available in a few branches, the discounter says.
Simple mouthguards were available in packs of 50 at cost price, at a unit price of 33 euros per pack. This means that Lidl does not earn a margin on the sale. Customers can only purchase one pack per purchase.
Over the next few weeks, more mouth-to-nose covers, such as multi-use fabric masks, will be delivered, which will be offered in all Lidl stores, the spokeswoman said.
Manuel Esteban / Shutterstock.com
Rewe: 30 million masks by the end of May
Since May 2, the Rewe stores throughout Germany have gradually started selling protective masks. The disposable masks are offered at a cost of 16.99 euros for 25 pieces. Now, more and more branches are to be supplied with masks, said a spokesman for the Rewe Group NewsABC.net. “By the end of May, we will have around 30 million masks nationwide in our Rewe, Penny and Toom stores,” said the spokesman. Further deliveries were ordered. The Toom hardware store also belongs to the group of companies.
Penny: 25 pieces for 16.99 euros
The Penny discounter also belongs to the Rewe Group. The same measures apply here as for the Rewe supermarket, meaning that since May 2, disposable masks have gradually been available in all branches at a price of 16.99 euros for 25 pieces. If these are sold out, new deliveries have already been ordered, said the spokesman for the group.
Real: from May 11th also surgical masks
The Real supermarket chain has been selling sets with five textile masks each since 4 May, as the “Berliner Morgenpost” reports. The price per pack is said to be 19.99 euros. From May 11th, a 20-pack of surgical masks will also be on sale at Real.
Rossmann: 10 masks for 22 euros
The other large drugstore chain in Germany, Rossmann, plans to gradually sell masks in its first branches this week. In the Rossmann online shop you can buy reusable mouthguards from Fynn Kliemann. Customers pay 22 euros there for ten masks.
Aldi Nord: Checks options for sales
Aldi Nord does not currently sell any protective masks in the markets. However, that could change soon: “We are currently examining the procurement of larger quantities of protective masks or everyday masks to equip our employees or for sales,” a representative from Aldi Nord told NewsABC.net. The retailer assumes that “the use of face masks or everyday masks will become the new normal in the coming months wherever many people meet.”
picture alliance / Getty
The corona crisis is causing great difficulties for the department store chain, which is already under pressure. There were already losses before, but the group lost around 80 million euros in sales per week during the closure of the branches. By the end of April, the shortfall had grown to more than half a billion euros, and the company management is expecting sales to drop by up to one billion euros overall.
cd / ph / sg / cm / dpa