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German department store chains link up in online defence

Tuesday, September 11, 2018 - 01:02

Hudson's Bay Company and Signa Holding have agreed to merge Germany's two major department store chains as they seek to respond to fierce competition from ecommerce players. As Thuy Ong reports, Kaufhof and Karstadt have fallen on hard times in the last decade.

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Hudson's Bay Company and Signa Holding have agreed to merge Germany's two major department store chains as they seek to respond to fierce competition from ecommerce players. As Thuy Ong reports, Kaufhof and Karstadt have fallen on hard times in the last decade.

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German department store chains link up in online defence

Tuesday, September 11, 2018 - 01:02