Friday, 26 October 2018

Comeback: first new department store location in decades
Gropius Passagen: Karstadt further expands store network in Berlin

On 25 October 2018, Karstadt is opening its new department store in the Gropius Passagen in Berlin and thus driving forward its further development. The new store was tailored precisely to the local requirements in its size and design. Karstadt signed a long-term lease for the new store. Together with the store opening in 2019/20 in Berlin-Tegel, the Karstadt store network in Berlin is growing to nine department stores.

Friday, 8 June 2018

Karstadt Berlin-Tegel: foundation stone for unique networked marketplace

New benchmark for seamless transition between in-store and online offering

From 2019, Karstadt will delight its customers in Berlin-Tegel with a new department store that has been customised as a networked marketplace and precisely aligned to local requirements.

Wednesday, 23 May 2018

Karstadt to expand further: Second new Berlin department store to open in the Gropius Passagen

In autumn 2018, Karstadt will open a new department store in the Gropius Passagen in Berlin. For its future store, the department store group has signed a long-term lease with the capital’s biggest shopping centre, which, as part of a joint venture with TH Real Estate, belongs to the portfolio of Unibail-Rodamco Germany and is also run by the company itself. Karstadt will, to all intents and purposes, be moving into the space that, until the summer of last year, was occupied by Galeria Kaufhof. This means that, together with another newly planned store in Berlin’s Tegel district, two new Karstadt stores will be opening this year in Berlin.

Tuesday, 17 April 2018

Karstadt enters curated shopping business

Karstadt Warenhaus GmbH is moving decisively towards becoming a successful omnichannel retailer and is entering the curated shopping business. In the middle of April, substantial assets of the Berlin style consultancy start-up Kisura were acquired and set up as an independent subsidiary.

Friday, 23 March 2018

Karstadt: first annual net profit in 12 years

• 10 percent of sales online in the next financial year.
• CEO Stephan Fanderl: “There will be several new store openings.”

For the 2016/2017 financial year, Karstadt generated an annual net profit for the first time in twelve years.

Wednesday, 3 January 2018

Karstadt strengthens its management team: new managers for the digital agenda

“The goal is to become one of the most successful omni-channel retailers in Germany”.

Karstadt Warenhaus GmbH is moving decisively forward with its development into a connected marketplace and is strengthening its management with proven omni-channel experts.