Wertkauf
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Wertkauf
Wertkauf was a German retail group that had 21 markets until its takeover by the US supermarket chain Wal-Mart in 1997. The group's head office was in Karlsruhe. History The first branch opened in 1958 in Karlsruhe. In 1966, a value purchase center with 3,500 m2 was opened in Freiburg. The new Karlsruhe shopping center built during was destroyed on 26 August 1969 during one of the worst major fires in the history of the city. After that it was rebuilt in the same place and slightly expanded. Eight years later, the second sales office in Freiburg was opened, covering an area of 6,000 square metres. In 1968, the company built the largest European self-service department store in Munich Euro-Industriepark with an area of 13,500 m2. High shelves were used for storage, and the goods were handled by forklift."How man makes milli ...
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Hugo Mann
Hugo Mann (17 November 191320 December 2008) was a German businessman. Early life He was born in Laupheim. As a youth, Hugo Mann worked at his grandfather's shop in Karlsruhe where he started his own furniture business in 1938. Career In 1950, Mann opened a larger store that turned out to be the key to his success. During the sixties, chain stores sprouted up across Germany. The brand ''Mann Mobilia'' for discount quality furniture was established in 1970. Mann had started another business in 1958, the '' Wertkauf'' food store chains. Mann bought two-thirds of FedMart, a highly successful chain of department stores in the United States, in 1975. He subsequently fired founder Sol Price from FedMart and the store chain failed within seven years.Markowitz, Arthur, "Discounting Hall of Fame: Sol Price: his deeds speak louder than words - founder of Price Club," ''Discount Store News'', August 22, 1988online at CBS bnet In 1989, Hugo Mann retired and handed the Wertkauf business ...
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Wal-Mart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquartered in Bentonville, Arkansas. The company was founded by Sam Walton in nearby Rogers, Arkansas in 1962 and incorporated under Delaware General Corporation Law on October 31, 1969. It also owns and operates Sam's Club retail warehouses. Walmart has 10,586 stores and clubs in 24 countries, operating under 46 different names. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, and as Flipkart Wholesale in India. It has wholly owned operations in Chile, Canada, and South Africa. Since August 2018, Walmart held only a minority stake in Walmart Brasil, which was renamed Grupo Big in August 2019, with 20 percent of the company's shares, an ...
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Walmart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquartered in Bentonville, Arkansas. The company was founded by Sam Walton in nearby Rogers, Arkansas in 1962 and incorporated under Delaware General Corporation Law on October 31, 1969. It also owns and operates Sam's Club retail warehouses. Walmart has 10,586 stores and clubs in 24 countries, operating under 46 different names. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, and as Flipkart Wholesale in India. It has wholly owned operations in Chile, Canada, and South Africa. Since August 2018, Walmart held only a minority stake in Walmart Brasil, which was renamed Grupo Big in August 2019, with 20 percent of the company's shares, and p ...
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Gesellschaft Mit Beschränkter Haftung (Deutschland)
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 c ...
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Johannes Mann
Johannes is a Medieval Latin form of the personal name that usually appears as " John" in English language contexts. It is a variant of the Greek and Classical Latin variants (Ιωάννης, '' Ioannes''), itself derived from the Hebrew name '' Yehochanan'', meaning "Yahweh is gracious". The name became popular in Northern Europe, especially in Germany because of Christianity. Common German variants for Johannes are ''Johann'', ''Hannes'', ''Hans'' (diminutized to ''Hänschen'' or ''Hänsel'', as known from "'' Hansel and Gretel''", a fairy tale by the Grimm brothers), '' Jens'' (from Danish) and ''Jan'' (from Dutch, and found in many countries). In the Netherlands, Johannes was without interruption the most common masculine birth name until 1989. The English equivalent for Johannes is John. In other languages *Joan, Jan, Gjon, Gjin and Gjovalin in Albanian *'' Yoe'' or '' Yohe'', uncommon American form''Dictionary of American Family Names'', Oxford University Press, 2013. *Y ...
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Retail
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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Karlsruhe
Karlsruhe ( , , ; South Franconian: ''Kallsruh'') is the third-largest city of the German state (''Land'') of Baden-Württemberg after its capital of Stuttgart and Mannheim, and the 22nd-largest city in the nation, with 308,436 inhabitants. It is also a former capital of Baden, a historic region named after Hohenbaden Castle in the city of Baden-Baden. Located on the right bank of the Rhine near the French border, between the Mannheim/ Ludwigshafen conurbation to the north and Strasbourg/Kehl to the south, Karlsruhe is Germany's legal center, being home to the Federal Constitutional Court (''Bundesverfassungsgericht''), the Federal Court of Justice (''Bundesgerichtshof'') and the Public Prosecutor General of the Federal Court of Justice (''Generalbundesanwalt beim Bundesgerichtshof''). Karlsruhe was the capital of the Margraviate of Baden-Durlach (Durlach: 1565–1718; Karlsruhe: 1718–1771), the Margraviate of Baden (1771–1803), the Electorate of Baden (1803–1806), th ...
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Freiburg Im Breisgau
Freiburg im Breisgau (; abbreviated as Freiburg i. Br. or Freiburg i. B.; Low Alemannic German, Low Alemannic: ''Friburg im Brisgau''), commonly referred to as Freiburg, is an independent city in Baden-Württemberg, Germany. With a population of about 230,000 (as of 31 December 2018), Freiburg is the List of cities in Baden-Württemberg by population, fourth-largest city in Baden-Württemberg after Stuttgart, Mannheim, and Karlsruhe. The population of the Freiburg metropolitan area was 656,753 in 2018. In the Southern Germany, south-west of the country, it straddles the Dreisam river, at the foot of the Schlossberg (Freiburg), Schlossberg. Historically, the city has acted as the hub of the Breisgau region on the western edge of the Black Forest in the Upper Rhine Plain. A famous old German university town, and Roman Catholic Archdiocese of Freiburg, archiepiscopal seat, Freiburg was incorporated in the early twelfth century and developed into a major commercial, intellectual, an ...
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Self-service
Self-service is the practice of serving oneself, usually when making purchases. Aside from Automated Teller Machines, which are not limited to banks, and customer-operated supermarket check-out, labor-saving of which has been described as self-sourcing, there is the latter's subset, selfsourcing and a related pair: End-user development and End-user computing. Note has been made how paid labor has been replaced with unpaid labor, and how reduced professionalism and distractions from primary duties has reduced value obtained from employees' time. Over a period of decades, laws have been passed both facilitating and preventing self-pumping of gas and other self-service. Overview Self-service is the practice of serving oneself, usually when purchasing items. Common examples include many gas stations, where the customer pumps their own gas rather than have an attendant do it (full service is required by law in New Jersey, urban parts of Oregon, most of Mexico, and Richmond, Briti ...
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Forklift
A forklift (also called lift truck, jitney, hi-lo, fork truck, fork hoist, and forklift truck) is a powered industrial truck used to lift and move materials over short distances. The forklift was developed in the early 20th century by various companies, including Clark Material Handling Company, Clark, which made Transmission (mechanics), transmissions, and Yale Materials Handling Corporation, Yale & Towne Manufacturing, which made Hoist (device), hoists. Since World War II, the use and development of the forklift truck have greatly expanded worldwide. Forklifts have become an indispensable piece of equipment in manufacturing and warehousing. In 2013, the top 20 manufacturers worldwide posted sales of $30.4 billion, with 944,405 machines sold. History The middle nineteenth century through the early 20th century saw the developments that led to today's modern forklifts. The forerunners of the modern forklift were manually-powered hoists that were used to lift loads. In 1906, th ...
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Time (magazine)
''Time'' (stylized in all caps) is an American news magazine based in New York City. For nearly a century, it was published Weekly newspaper, weekly, but starting in March 2020 it transitioned to every other week. It was first published in New York City on March 3, 1923, and for many years it was run by its influential co-founder, Henry Luce. A European edition (''Time Europe'', formerly known as ''Time Atlantic'') is published in London and also covers the Middle East, Africa, and, since 2003, Latin America. An Asian edition (''Time Asia'') is based in Hong Kong. The South Pacific edition, which covers Australia, New Zealand, and the Pacific Islands, is based in Sydney. Since 2018, ''Time'' has been published by Time USA, LLC, owned by Marc Benioff, who acquired it from Meredith Corporation. History ''Time'' has been based in New York City since its first issue published on March 3, 1923, by Briton Hadden and Henry Luce. It was the first weekly news magazine in the United St ...
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Metro Group
Metro AG is a German multinational company based in Düsseldorf which operates business membership only cash and carry stores primarily under the Metro brand. Until 2020 it was also active in general retail business through Real division, which was sold to an investor consortium. Unlike American warehouse clubs such as Costco or Sam's Club, it is not possible for private customers to acquire a membership for most Metro locations. As of 2020 it operates around 680 stores in 24 countries in Europe and Asia. The company was established in 1964 by Ernst Schmidt and Wilhelm Schmidt-Ruthenbeck. In 2010, it was the fourth-largest retailer in the world measured by revenues, after Wal-Mart, Carrefour and Tesco. Its current incarnation was launched in 2017 as a spun-off of old Metro AG, which continued to be a consumer electronics retailer and renamed itself Ceconomy. History The history of the Metro began on 8 November 1963 in Essen with the opening of the first wholesale center ...
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