NKD (retailer)
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NKD (retailer)
NKD is a German clothing discount store chain headquartered in Bindlach, Germany. With about 2,000 stores in Germany, Austria, Italy, Slovenia, Croatia, Czech Republic, and Poland, an online shop and over 9,000 employees, NKD is one of the largest fashion retail companies in Germany. History In 1962 founder Burkard Hellbach opened the first retail store named NK Discount in Essen-Rüttenscheid, Germany. By 1985 the 250th store was opened and by 1989 the 500th store was opened. NKD first internationalized in 1995 via a takeover of around 100 stores owned by Hertz TPS (Tief Preis Shop) headquartered in Wels, Austria. In 2006 NKD entered Italy. In 2008 NKD entered Slovenia. In 2010 NKD entered Croatia. In 2022 NKD entered Poland. Since 2007 NKD also sells its products online. Insolvency proceedings In March 2001 the NKD holding company filed for insolvency at the district court of Bayreuth with the insolvency proceedings starting shortly after. Around 18 months later, NKD successf ...
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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 ...
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Euro
The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in c ...
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TDR Capital
TDR Capital is a British private equity firm headquartered in London, England. History TDR Capital was co-founded in 2002 by Manjit Dale, Stephen Robertson, and Tudor Capital.Company Overview of TDR Capital LLP
''Bloomberg Business''
It is located on Bentinck Street in , central London. In 2006, it was a large shareholder of the , which owned .
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OpCapita
OpCapita is a British private equity firm specialising in the retail, consumer and leisure industries. The firm invests in underperforming businesses that require operational support to improve profitability and create long-term, sustainable value. OpCapita was established in 2006, by American financier Henry Jackson. Its senior team have been together since the founding of the firm and have many decades of experience in consumer businesses. The firm is based in London and invests on behalf of a diversified group of international institutional investors. OpCapita is a full member of Invest Europe and a signatory of the UN Principles for Responsible Investment. History In October 2006, OpCapita acquired British furniture retailer MFI Group for £1. In March 2008, it acquired French retailer BUT. In November 2011, the firm purchased the electronics retailer Comet from Kesa for £2. In March 2012, OpCapita, through its subsidiary Baker Acquisitions, purchased Game UK out of adm ...
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Hof (district)
Hof () is a ''Landkreis'' (district) in Bavaria, Germany. It is bounded by (from the south and clockwise) the districts of Wunsiedel, Bayreuth, Kulmbach and Kronach, the states of Thuringia (district of Saale-Orla) and Saxony (district of Vogtlandkreis), and the Czech Republic. The city of Hof is an enclave within the district, as well as being the district's administrative seat. History Following a short regency by Kingdom of Prussia (1791–1810) the region fell to Bavaria in 1810. The district was established in 1852. In the Bavarian communal reforms of 1972 it was merged with parts of the dissolved districts Naila, Münchberg, Kronach and Rehau. Geography The Saxon Saale river originates in the south of the district, on the slopes of the Fichtelgebirge. From here it runs northwards, its valley separating the Fichtelgebirge in the east and the lower Frankenwald View to Döbraberg The Franconian Forest
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Bayreuth
Bayreuth (, ; bar, Bareid) is a town in northern Bavaria, Germany, on the Red Main river in a valley between the Franconian Jura and the Fichtelgebirge Mountains. The town's roots date back to 1194. In the 21st century, it is the capital of Upper Franconia and has a population of 72,148 (2015). It hosts the annual Bayreuth Festival, at which performances of operas by the 19th-century German composer Richard Wagner are presented. History Middle Ages and Early Modern Period The town is believed to have been founded by the counts of Andechs probably around the mid-12th century,Mayer, Bernd and Rückel, Gert (2009). ''Bayreuth – Tours on Foot'', Heinrichs-Verlag, Bamberg, p.5, . but was first mentioned in 1194 as ''Baierrute'' in a document by Bishop Otto II of Bamberg. The syllable ''-rute'' may mean ''Rodung'' or "clearing", whilst ''Baier-'' indicates immigrants from the Bavarian region. Already documented earlier, were villages later merged into Bayreuth: Seulbitz (in 1 ...
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Wels
Wels (; Central Bavarian: ''Wös'') is a city in Upper Austria, on the Traun River near Linz. It is the county seat of Wels-Land, and with a population of approximately 60,000, the eighth largest city in Austria. Geography Wels is in the Hausruckviertel at an elevation of . From north to south, it extends over , from west to east over . 3.4% of the area is covered with forest, 23.5% is used for agriculture. The town comprises the following boroughs: Aichberg, Au, Berg, Brandln, Dickerldorf, Doppelgraben, Eben, Gaßl, Höllwiesen, Hölzl, Kirchham, Laahen, Lichtenegg, Mitterlaab, Nöham, Niederthan, Oberhaid, Oberhart, Oberlaab, Oberthan, Pernau, Puchberg, Roithen, Rosenau, Schafwiesen, Stadlhof, Trausenegg, Unterleithen, Waidhausen, Wels, Wimpassing, Wispl. History Prehistoric The area of Wels has been settled since the Neolithic era (between 3500 and 1700 B.C.E.), as evidenced by archaeological finds of simple tools, especially from around the banks of the Traun Riv ...
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Discount Store
A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs. Types (United States) Discount stores in the United States may be classified into different types: Hypermarkets (superstores) Discount superstores such as Walmart or Target sell general merchandise in a big-box store; many have a full grocery selection and are thus hypermarkets, though that term is not generally used in North America. In the 1960s and 1970s the term "discount department store" was used, and chains such as Kmart, Zodys and TG&Y billed themselves as such. The term "discount department store" or "off-price department store" is sometimes applied to big-box discount retailers of apparel and home goods, such as Ross Dress For Less, Marshalls, TJ Maxx, and Kohls. Category killers So-called category killer stores, speciali ...
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1000000 (number)
One million (1,000,000), or one 1000 (number), thousand thousand, is the natural number following 100,000#900,000 to 999,999, 999,999 and preceding 1,000,001. The word is derived from the early Italian ''millione'' (''milione'' in modern Italian), from ''mille'', "thousand", plus the augmentative suffix ''-one''. It is commonly abbreviated in British English as m (not to be confused with the metric prefix "m", ''milli-, milli'', for ), M, MM ("thousand thousands", from Latin "Mille"; not to be confused with the Roman numeral = 2,000), mm (not to be confused with millimetre), or mn in financial contexts. In scientific notation, it is written as or 106. Physical quantity, Physical quantities can also be expressed using the SI prefix mega-, mega (M), when dealing with SI units; for example, 1 megawatt (1 MW) equals 1,000,000 watts. The meaning of the word "million" is common to the Long and short scales, short scale and long scale numbering systems, unlike the larger numbers ...
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Clothing And Non-Food Products
Clothing (also known as clothes, apparel, and attire) are items worn on the body. Typically, clothing is made of fabrics or textiles, but over time it has included garments made from animal skin and other thin sheets of materials and natural products found in the environment, put together. The wearing of clothing is mostly restricted to human beings and is a feature of all human societies. The amount and type of clothing worn depends on gender, body type, social factors, and geographic considerations. Garments cover the body, footwear covers the feet, gloves cover the hands, while hats and headgear cover the head. Eyewear and jewelry are not generally considered items of clothing, but play an important role in fashion and clothing as costume. Clothing serves many purposes: it can serve as protection from the elements, rough surfaces, sharp stones, rash-causing plants, insect bites, by providing a barrier between the skin and the environment. Clothing can insulate against cold ...
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Bindlach
Bindlach is a municipality in the district of Bayreuth in Upper Franconia in Bavaria, Germany. The town is adjacent immediately north of the town of Bayreuth. The population count of December 2006 was 7197 inhabitants. History The name Bindlach is derived from the Slavic ''Pnetluky'' containing the verb ''tlouki'' which means "to chop". Thus Bindlach can be translated with "Village of the people chopping trunks" as the village is situated in an area rich with woods and a clearance had to be created prior to settlement. More recent research traces the name back to the Old Saxon word ''Binutlaka'' meaning "Small, standing lake overgrown with juncus". Charlemagne supposedly resettled deported Saxons in the area. Archaeological excavations have produced Celtic leftovers as well as remains from the Urnfield culture and the Bronze Age giving proof of settlement as early as 1300 BC. The first official mentioning in modern times occurred in a private charter Urkunde HU Bamberg 335 - ...
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Retailing
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 then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision ...
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