Arcandor Seeks To Become A Big Player In The European Department Store Market

Arcandor is internationalizing. The big German retail group, formerly known as Karstadt-Quelle, has agreed to take a 25 percent stake in the prestigious French department store chain Printemps and in its Italian counterpart, La Rinascente. Both Karstadt and Printemps, which came under common ownership not so long ago, have important ...