The Department store chain Galeria, Karstadt, Kaufhof has the rent payments for all goods stopped houses, sport houses, travel agencies and logistics real estate. In a letter to the landlord, the company wrote that because of the Corona-pandemic state-arranged closure of the shops leave the company with “no other choice”. Previously, the “mirror had reported” over the Mietstopp. A company spokesman would not comment on Wednesday on this.
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Against the Background of the pandemic, have not decided on the management Board of Galeria, Karstadt, Kaufhof GmbH, “to pay the rent from the 1.4.2020”, – stated in the letter. This was initially for the period to June 2020. How then, will Galeria, Karstadt, Kaufhof decide from time to time. The company will do everything it can “to find a new economic Basis for the sustainable operation of our stores”.
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due to The Corona-crisis arranged the store closures are currently many German retail chains in front of large problems, because all of a sudden the revenue is missing, the cost to run but more. Also other retailers and manufacturers such as Adidas, Deichmann and H&M have announced in the past few days, already the suspension of the rental payments. For Galeria, Karstadt, Kaufhof, the Situation is doubly difficult. Because of the crisis, the beleaguered company is in the midst of a restructuring process.
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Each week, 80 million euros turnover lost
With the closure of his stores loses Karstadt currently, each week, more than 80 million euros in sales, as in business circles is to learn. Already a few weeks ago, the group had applied for large parts of the workforce in short-time work. On Wednesday this had happened now for the 1300 employees at the Headquarters, it said. At the same time, the group is seeking to gain state aid funds. However, an agreement with the banks proved to be far more difficult than hoped. In company circles, has recently complained that the process was bureaucratic and time-consuming. It cost valuable time.
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