Bundesarchiv Bild 183-R80013, Berlin, Eröffnung des 1

The Handelsorganisation (“Trading Organisation”, or HO) was a national

retail Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and t ...

business owned by the central administration of the

Soviet Zone of occupation in Germany The Soviet Occupation Zone ( or german: Ostzone, label=none, "East Zone"; , ''Sovetskaya okkupatsionnaya zona Germanii'', "Soviet Occupation Zone of Germany") was an area of Germany in Central Europe that was occupied by the Soviet Union as a c ...

and from 1949 on by the state of the

German Democratic Republic German(s) may refer to: * Germany (of or related to) **Germania (historical use) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** For citizens of Germany, see also German nationality law **Ger ...

. It was created in 1948. The enterprise was arranged into different departments – industrial goods, food, restaurants and department stores – and operated the large “Centrum”

department store A department store is a retail establishment offering a wide range of consumer goods in different areas of the store, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic app ...

s in many cities of the GDR. Its stores stood in competition to those of the Konsum cooperative. Nevertheless, both were established brands in the everyday life in the GDR. The HO also operated hotels. After the political turmoil in the GDR in the years 1989 and 1990 the business was sold by the

Treuhand The ("Trust agency"), colloquially referred to as , was an agency established by the government of the German Democratic Republic to reprivatise/ privatise East German enterprises, Volkseigene Betriebe (VEBs), prior to German reunification. C ...

trust.

See also