Karstadt Warenhaus, Obernstrasse
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. Berggruen had taken over all Karstadt stores by 1 October 2010. This had been determined by Essen District Court on 3 September 2010. On 14 August 2014 it was announced that Karstadt had been completely taken over by Signa Holding of the Austrian investor René Benko, which ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Gesellschaft Mit Beschränkter Haftung
A ''Gesellschaft mit beschränkter Haftung'' (, abbreviated GmbH and also GesmbH in Austria; ) is a type of legal entity common in Germany, Austria, Switzerland (where it is equivalent to a ''société à responsabilité limitée''), and Liechtenstein. It is an entity broadly equivalent to the private limited company in the United Kingdom and many Commonwealth countries, and the limited liability company (LLC) in the United States. The name of the GmbH form emphasizes the fact that the owners (''Gesellschafter'', also known as members) of the entity are not personally liable or credible for the company's debts. GmbHs are considered legal persons under German, Swiss, and Austrian law. Other variations include mbH (used when the term ''Gesellschaft'' is part of the company name itself), and gGmbH (''gemeinnützige'' GmbH) for non-profit companies. The GmbH has become the most common corporation form in Germany because the AG (''Aktiengesellschaft''), the other major company form ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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. Berggruen had taken over all Karstadt stores by 1 October 2010. This had been determined by Essen District Court on 3 September 2010. On 14 August 2014 it was announced that Karstadt had been completely taken over by Signa Holding of the Austrian investor René Benko, which ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must co ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 stores ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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German Reunification
German reunification (german: link=no, Deutsche Wiedervereinigung) was the process of re-establishing Germany as a united and fully sovereign state, which took place between 2 May 1989 and 15 March 1991. The day of 3 October 1990 when the German Reunification Treaty entered into force dissolving the German Democratic Republic (GDR; german: link=no, Deutsche Demokratische Republik, DDR, or East Germany) and integrating its recently re-established constituent federated states into the Federal Republic of Germany (FRG; german: link=no, Bundesrepublik Deutschland, BRD, or West Germany) to form present-day Germany, has been chosen as the customary ''German Unity Day'' () and has thereafter been celebrated each year from 1991 as a national holiday. East and West Berlin were united into a single city and eventually became the capital of reunited Germany. The East Germany's government led by the Socialist Unity Party of Germany (SED) (a communist party) started to falter on 2 May 1 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Wirtschaftswunder
The ''Wirtschaftswunder'' (, "economic miracle"), also known as the Miracle on the Rhine, was the rapid reconstruction and development of the economies of West Germany and Austria after World War II (adopting an ordoliberalism-based social market economy). The expression referring to this phenomenon was first used by ''The Times'' in 1950. Beginning with the replacement of the Reichsmark with the Deutsche Mark in 1948 as legal tender (the Schilling was similarly re-established in Austria), a lasting era of low inflation and rapid industrial growth was overseen by the government led by West German Chancellor Konrad Adenauer and his Minister of Economics, Ludwig Erhard, who went down in history as the "father of the West German economic miracle." In Austria, efficient labor practices led to a similar period of economic growth. The era of economic growth raised West Germany and Austria from total wartime devastation to developed nations in modern Europe. At the founding of the E ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Schutzstaffel
The ''Schutzstaffel'' (SS; also stylized as ''ᛋᛋ'' with Armanen runes; ; "Protection Squadron") was a major paramilitary organization under Adolf Hitler and the Nazi Party in Nazi Germany, and later throughout German-occupied Europe during World War II. It began with a small guard unit known as the ''Saal-Schutz'' ("Hall Security") made up of party volunteers to provide security for party meetings in Munich. In 1925, Heinrich Himmler joined the unit, which had by then been reformed and given its final name. Under his direction (1929–1945) it grew from a small paramilitary formation during the Weimar Republic to one of the most powerful organizations in Nazi Germany. From the time of the Nazi Party's rise to power until the regime's collapse in 1945, the SS was the foremost agency of security, surveillance, and terror within Germany and German-occupied Europe. The two main constituent groups were the '' Allgemeine SS'' (General SS) and ''Waffen-SS'' (Armed SS). The ' ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Hermannplatz (Berlin U-Bahn)
Hermannplatz is a station in the Neukölln district of Berlin which serves as an interchange between the lines and . Operated by the BVG, it is one of the busiest stations on the Berlin U-Bahn system. History Hermannplatz station first opened on 11 April 1926 together with the rest of the newly built line between the stations Hasenheide and Bergstraße, which are today the U7 stations Südstern and Karl-Marx-Straße respectively. The second platform, built above the original, was opened on 17 July 1927 to serve what is now the U8 line. The station's architects were Alfred Grenander and Alfred Fehse. The station was the first on the Berlin network to be fitted with escalators, which connected the two platforms. Unique that time was Karstadt department store got a tunnel for customers directly to its facility. Refer to U8 and Wertheim, rumors to have paid for change route around Moritzplatz to same station building connection. Until 1930, tram lines were present on all t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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World War I
World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fighting occurring throughout Europe, the Middle East, Africa, the Pacific, and parts of Asia. An estimated 9 million soldiers were killed in combat, plus another 23 million wounded, while 5 million civilians died as a result of military action, hunger, and disease. Millions more died in genocides within the Ottoman Empire and in the 1918 influenza pandemic, which was exacerbated by the movement of combatants during the war. Prior to 1914, the European great powers were divided between the Triple Entente (comprising France, Russia, and Britain) and the Triple Alliance (containing Germany, Austria-Hungary, and Italy). Tensions in the Balkans came to a head on 28 June 1914, following the assassination of Archduke Franz Ferdin ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mönckebergstraße
The Mönckebergstraße (locally also called Mö) is one of the main shopping streets in Hamburg, Germany. Mönckebergstraße is located in Hamburg-Altstadt, running some 800 m in east-west-direction between the Hauptbahnhof at Steintorwall and the Rathaus at Rathausmarkt. It is named after Johann Georg Mönckeberg, mayor of Hamburg in the 1890s and 1900s. On the south side, Mönckebergstraße passes the churches of St. Petri and St. Jacobi. Halfway in between, at Gerhart-Hauptmann-Platz, Mönckebergstraße intersects with Spitalerstraße, another important shopping street. Notable attractions of this prominent four-way-fork-junction are the ''Mönckebergbrunnen'' (Mönckeberg-Fountain) and a former central building of Hamburg public libraries, later had been a Burger King restaurant for many years, now a Starbucks subsidiary inside a coffeehouse called ''Elbphilharmonie Kulturcafé''. Many major retailers such as H&M, Kaufhof, Karstadt, Karstadt Sport, Peek & Cloppenburg, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |