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Arcandor
Arcandor AG was a holding company located in Essen, Germany, that oversaw a number of companies operating in the businesses of mail order and internet shopping, department stores and tourism services. It was formed in 1999 by the merger of Karstadt Warenhaus AG, founded in 1920, with Quelle AG, founded in 1927. In 2005, the corporation had about 68,000 employees and annual sales of €15.5 billion. Its stocks were traded on the Mid Cap DAX until September 2009. The company's largest store was Kaufhaus des Westens (KaDeWe) in Berlin, and the largest store operated by Karstadt was in Frankfurt. Arcandor requested financial assistance from the German government, which was rejected by the European Commission on 3 June 2009. On 6 June 2009, the company announced it was no longer able to pay rent for its department stores, which the company had previously sold and leasebacked. Three days later, the company filed for bankruptcy. History On 14 May 1881, Rudolph Karstadt founde ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas Cook Group
Thomas Cook Group plc was a global travel group, headquartered in the United Kingdom and listed on the London Stock Exchange from its formation on 19 June 2007 by the merger of Thomas Cook AG — successor to Thomas Cook & Son — and MyTravel Group until 23 September 2019, when it went into compulsory liquidation. The group operated as a tour operator and airline, and also operated travel agencies in Europe. At the time of the group's collapse, approximately 21,000 worldwide employees were left without jobs (including 9,000 UK staff) and 600,000 customers (150,000 from the UK) were left abroad, triggering the UK's largest peacetime repatriation. After the collapse, segments of the company were purchased by others, including the travel stores in the UK, the airlines, the Thomas Cook name and logo, the hotel brands and the tour operators. Thomas Cook India has been an entirely separate entity since August 2012, when it was acquired by Fairfax Financial and thus was n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas Middelhoff
Thomas Middelhoff (born 11 May 1953) is a German retired corporate manager. He was on the board of directors of Bertelsmann from 1990–2002, being CEO from 1998. From 2004 to March 2009, Middelhoff was chairman of the supervisory board of Arcandor (previously KarstadtQuelle), and CEO of the company. Background Thomas Middelhoff was born in Düsseldorf, Germany, the son of a textile businessman. He studied business at the University of Münster and received his doctorate at the Institute for Marketing under the supervision of Heribert Meffert. While at university, he was already working in his father's textile business. After graduating he was given a high post in the company. Bertelsmann (1986 - 2002) In 1986 he moved to Bertelsmann, a multinational media corporation based in Germany, as assistant manager of the graphic firm in Gütersloh. In 1990, he became a member of the board of directors of Bertelsmann. Middelhoff recognized the potential of the new digital media early. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Karstadt
Karstadt Warenhaus GmbH was a German department store chain whose headquarters were in Essen. Until 30 September 2010 the company was a subsidiary of Arcandor AG (which was known until 30 June 2007 as KarstadtQuelle AG) and was responsible within the group for the business segment of over-the-counter retail. On 9 June 2009 Essen District Court ordered provisional asset administration and protective measures in response to an application for the opening of insolvency proceedings. It also appointed a provisional insolvency administrator. The insolvency proceedings were opened on 1 September 2009. On 7 June 2010 the board of creditors resolved to sell Karstadt Warenhaus GmbH to the investor Nicolas Berggruen Nicolas Berggruen (; born 10 August 1961) is a US-based billionaire investor and philanthropist. Born in Paris, France, he is a dual American and German citizen.Jeremy Kahn (October 25, 2011)''Bloomberg'' He is the founder and president of Berggru .... Berggruen had taken ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rudolph Karstadt
Rudolph Karstadt (16 February 1856 – 15 December 1944 in Schwerin) was a German entrepreneur. Biography Karstadt was born in Grevesmühlen near Lübeck on 16 February 1856, he apprenticed in Rostock and then worked in his father’s textile shop in Schwerin. With a loan of 1000 thaler from his father and with the help of his two sisters, Karstadt opened his first store, ″Tuch-, Manufaktur- und Konfektionsgeschäft" at the Krämerstr. 4 in Wismar on 14 May 1881. In 1919 Karstadt AG and Theodor Althoff KG merged. By 1920 he owned over 30 shops across Germany. The Karstadt Warenhaus AG, which is what his chain of stores was called by 1920, continues as Arcandor. Karstadt lost most of his private fortune in the Great Depression and left the board of the Karstadt AG in 1932. References Further reading * See also * Arcandor Arcandor AG was a holding company located in Essen, Germany, that oversaw a number of companies operating in the businesses of mail order ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hermann Tietz
Hermann Tietz (born 29 April 1837, in Birnbaum an der Warthe near Posen (today Międzychód, Poland), died on 3 May 1907 in Berlin) was a German-Jewish merchant, co-founder of the Tietz Department Store. He was buried in the Weißensee Cemetery. Life Tietz, co-founder of the Tietz Department Store, was the first to carry out the idea of the department store in Germany. In 1882, the first department store of Tietz was opened in Gera (Thuringia, Germany) by his nephew Oskar Tietz. Oskar's brother Leonhard Tietz later founded his own chain store ("Kaufhof"). After stores in smaller towns like Bamberg, Erfurt, Rostock, Stralsund and Wismar had been successful, Tietz established his first department store in Berlin. In 1900, Herrmann Tietz opened a store in Leipziger Straße, where it was located close to the department store Wertheim, the biggest store in Europe at the time. In 1904, Tietz opened another luxurious store at Alexanderplatz. The impressive and palace-like stor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gustav Schickedanz
Gustav Abraham Schickedanz (1 January 1895 – 27 March 1977) was a German entrepreneur and Nazi party member who profited from the Aryanization of Jewish companies. Early life Schickedanz came from a modest background. After attending ''realschule'' in his hometown of Fürth, he absolved a commercial apprenticeship. In 1919 he married Anna Zehnder. He registered his first enterprise in 1923 and in 1927 registered the mail order company Quelle, later Europe's largest mail-order house. On July 15, 1929, his wife Anna and only son Leonhard were killed in an automobile accident in which he was also seriously injured. Only his daughter at the time, Louise, was unharmed. Career in Nazi era When the Nazis came to power in 1933, Jews were forced out of businesses. In 1935 Schickedanz, a Nazi party member, was involved in the Aryanization (or forced transfer) of the property of the Jewish businessmen Oskar and Emil Rosenfelder, acquiring for a low price the rights to the Tempo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quelle Logo
Quelle may refer to: People * Horst Matthai Quelle (1912–1999), German philosopher * Quelle Chris (born 1984), American rapper Other * Quelle (Bible), a collection of Jesus' sayings * Quelle station, in Bielefeld, Germany * Quelle-Kupferheide station, located in Bielefeld, Germany * Quelle, a German department store now part of Karstadt * Quelle AG, now part of Arcandor Arcandor AG was a holding company located in Essen, Germany, that oversaw a number of companies operating in the businesses of mail order and internet shopping, department stores and tourism services. It was formed in 1999 by the merger of K ... See also * {{disambiguation, given name, surname German toponymic surnames ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mail-order
Mail order is the buying of goods or services by mail delivery. The buyer places an order for the desired products with the merchant through some remote methods such as: * Sending an order form in the mail * Placing a telephone call * Placing an order with a few travelling agents and paying by installments * Filling in a form on a website or mobile app — if the product information is also mainly obtained online rather than via a paper catalogue or via television, this model is online shopping or e-commerce Then, the products are delivered to the customer. The products are usually delivered directly to an address supplied by the customer, such as a home address, but occasionally the orders are delivered to a nearby retail location for the customer to pick up. Some merchants also allow the goods to be shipped directly to a third party consumer, which is an effective way to send a gift to an out-of-town recipient. Some merchants delivered the goods directly to the customer via ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aryanization
Aryanization (german: Arisierung) was the Nazi term for the seizure of property from Jews and its transfer to non-Jews, and the forced expulsion of Jews from economic life in Nazi Germany, Axis-aligned states, and their occupied territories. It entailed the transfer of Jewish property into "Aryan" or non-Jewish, hands. "Aryanization" is , according to Kreutzmüller and Zaltin in ''Dispossession:Plundering German Jewry, 1933-1953'', "a Nazi slogan that was used to camouflage theft and its political consequences." The process started in 1933 in Nazi Germany with transfers of Jewish property and ended with the Holocaust. Two phases have generally been identified: a first phase in which the theft from Jewish victims was concealed under a veneer of legality, and a second phase, in which property was more openly confiscated. In both cases, Aryanization corresponded to Nazi policy and was defined, supported, and enforced by Germany's legal and financial bureaucracy. Michael Bazyler ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reichsmark
The (; sign: ℛℳ; abbreviation: RM) was the currency of Germany from 1924 until 20 June 1948 in West Germany, where it was replaced with the , and until 23 June 1948 in East Germany, where it was replaced by the East German mark. The Reichsmark was subdivided into 100 s (Rpf or ℛ₰). The Mark is an ancient Germanic weight measure, traditionally a half pound, later used for several coins; whereas (''realm'' in English), comes from the official name for the German state from 1871 to 1945, . History The Reichsmark was introduced in 1924 as a permanent replacement for the Papiermark. This was necessary due to the 1920s German inflation which had reached its peak in 1923. The exchange rate between the old Papiermark and the Reichsmark was = 1012 ℳ (one trillion in American English and French, one billion in German and other European languages and British English of the time; see long and short scale). To stabilize the economy and to smooth the transition, the Papie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NSDAP
The Nazi Party, officially the National Socialist German Workers' Party (german: Nationalsozialistische Deutsche Arbeiterpartei or NSDAP), was a far-right political party in Germany active between 1920 and 1945 that created and supported the ideology of Nazism. Its precursor, the German Workers' Party (; DAP), existed from 1919 to 1920. The Nazi Party emerged from the extremist German nationalist, racist and populist paramilitary culture, which fought against the communist uprisings in post–World War I Germany. The party was created to draw workers away from communism and into nationalism. Initially, Nazi political strategy focused on anti–big business, anti-bourgeois, and anti-capitalist rhetoric. This was later downplayed to gain the support of business leaders, and in the 1930s, the party's main focus shifted to antisemitic and anti-Marxist themes. The party had little popular support until the Great Depression. Pseudoscientific racist theories were cen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
