Karstadt, the embattled German department store group, is bracing itself...

2014-07-23T00:00:00

Karstadt, the embattled German department store group, is bracing itself for significant cost reductions and perhaps store closures, after several managers indicated that further restructuring measures would have to be taken at the company. This came after the abrupt departure of Eva-Lotta Sjöstedt, the company's chief executive, after just five ...

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