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Foto Quelle
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 founded his firs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...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] |
Reichsmark
The (; sign: ℛ︁ℳ︁; abbreviation: RM) was the currency of Germany from 1924 until the fall of Nazi Germany in 1945, and in the American, British and French occupied zones of Germany, until 20 June 1948. The Reichsmark was then replaced by the Deutsche Mark, to become the currency of West Germany and then all of Germany after the 1990 reunification. The Reichsmark was used in the Soviet occupation zone of Germany until 23 June 1948, where it was replaced by the East German mark. The Reichsmark was subdivided into 100 (Rpf or ℛ︁₰). The Mark is an ancient Germanic weight measure, traditionally a half pound, later used for several coins; (''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'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NSDAP
The Nazi Party, officially the National Socialist German Workers' Party ( 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 (" ''Völkisch'' nationalist"), racist, and populist paramilitary culture, which fought against 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-bourgeoisie, and anti-capitalism, disingenuously using socialist rhetoric to gain the support of the lower middle class; it was later downplayed to gain the support of business leaders. By the 1930s, the party's main focus shifted to antisemitic and anti-Marxist themes. The party had little popular support until the Great Depression, when ... [...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 completed 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 Temp ... [...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 hypothesized 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 Karstad ... See also * {{disambiguation, given name, surname German toponymic surnames ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wertheim (department Store)
Wertheim was a large department store chain in pre-World War II Germany. It was founded by Georg Wertheim and operated various stores in Berlin, one in Rostock, one in Stralsund (where it had been founded), and Renoma (Wrocław), one in Breslau. Its Jewish owners were Aryanized, forced out after 1933 by the new Nazi government. After the war, owner Karstadt operated various store branches across Germany under the Wertheim name, all of which either closed or were rebranded Karstadt. Founding and early years In 1875, Georg's parents, Ida and (who sometimes went by the name Adolf), had opened a modest shop selling clothes and manufactured goods in Stralsund, a provincial town on the Baltic Sea. An extensive network of family members ensured a low-priced supply of goods. In 1876, one year after the shop opened, the two eldest sons Hugo and Georg (aged 20 and 19 respectively), went to work in the shop following their apprenticeships in Berlin. Three younger sons later joined the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KaDeWe
The , abbreviated to KaDeWe, is a Thai owned department store in Berlin, Germany. With over of retail space and more than 380,000 articles available, it is the second-largest department store in Europe after Harrods in London. It attracts 40,000 to 50,000 visitors every day. The store is located on Tauentzienstraße, a major shopping street, between Wittenbergplatz and Breitscheidplatz, near the heart of former West Berlin. It is technically in the extreme northwest of the south Berlin neighborhood of Schöneberg. History Empire and Weimar Republic: the Jandorf Era The businessman Adolf Jandorf had opened six stores for basic needs with his company ''A. Jandorf & Co.'' in Berlin by 1905. Like the competitor stores ''Wertheim Leipziger Strasse'' (1894) and the ''Warenhaus Hermann Tietz, Tietz'' (1900), also on Leipziger Strasse, Jandorf wanted to cater for the high consumer desires of the Wilhelminism elite. Jandorf's seventh branch was supposed to "satisfy the spoiled demands ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nicolas Berggruen
Nicolas Berggruen (; born 10 August 1961) is a US-based billionaire investor and philanthropist. Born in Paris, France, he is a dual German and American citizen. He is the founder and president of Berggruen Holdings, a private investment company and the co-founder and chairman of the Berggruen Institute, a non-profit, non-partisan think tank that works to address global governance issues. In 2014, through the Institute, Berggruen launched ''Noema Magazine'', formerly the ''WorldPost,'' a digital and print publication dedicated to exploring global issues. Early life and education Nicolas Berggruen was born in Paris, France. He is the son of art collector and dealer Heinz BerggruenBusinessweek: "De ... [...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 not ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas Middelhoff
Thomas Middelhoff (born 11 May 1953) is a German corporate manager. From 1994 to 1998, he was a member of the executive board of Bertelsmann AG, then CEO of the Bertelsmann media group from November 1998 to July 2002. In 2002, he was head of corporate investments in Europe for Investcorp International Ltd until May 2005. From May 2005 to February 2009, Middelhoff then took over as chairman of the board of management of the retail group Arcandor (previously KarstadtQuelle). After Arcandor, Middelhoff founded the investment company BLM (Berger Lahnstein Middelhoff & Partners LLP) in London with Roland Berger and Florian Lahnstein. The spin-off Pulse Capital Partners LLC emerged from this company. Early life and education Middelhoff grew up as the third of five children in a Catholic family in Düsseldorf and Ratingen. His father worked as a sales representative in his uncle's textile factory. He studied business at the University of Münster and received his doctorate at the Insti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
