Tag archive for ‘department store chain’
Vered Weiss On Monday, August 25th, 2014

Convicted Real Estate Speculator Rene Benko to Take Over German Retailer

Read also: ‘Homeless Billionaire’ Nicolas Berggruen Finally Lets Go Of Failing Karstadt Department Store The German department store chain Karstadt is going to be sold to real estate shark Rene Benko,  More...

Tibi Singer On Tuesday, August 19th, 2014

‘Homeless Billionaire’ Nicolas Berggruen Finally Lets Go of failing Karstadt Department Store

After the change of ownership at Karstadt, the leadership of the ailing department store chain is losing no more time going into the renovation phase, the German website Financial.de reported. “There More...

Clive Minchom On Monday, July 14th, 2014

Enough Is Enough as Nicolas Berggruen Again Fails to Sell German Retailer Karstadt

– Buying Karstadt was an improbable dream for Berggruen, a nostalgic rescue mission for a Germany that no longer exists. – The German magazine Focus yesterday claimed that Austrian property investor More...

Clive Minchom On Saturday, December 7th, 2013

Edward Lampert’s Sears Holdings Spinning Off Lands’ End Clothing Unit

–    Edward Lampert / Getty – Sears Holdings Corporation announced yesterday that it had filed a registration statement with the Securities and Exchange Commission (SEC) for the spin-off of its More...

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