Recently placed under new ownership and leadership, Karstadt is busy investing significant amounts in revamping its stores. Textilwirtschaft, the German trade publication for the apparel business, reports that the chain is investing €10-12 million in Frankfurt alone to refurbish its local flagship store and to increase the surface of its sports department. For the neighboring city of Mainz, a completely new concept is on the table that would put the Karstadt department store in a new shopping mall with the store's surface growing from 11,000 to 15,000 square meters. The opening of this mall is set for 2013 or 2014. More refurbishments are planned for at least four locations in Germany.

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