In a letter to its employees, management cites the consequences of the corona crisis as the reason.
During the time of the complete shutdown, the company allegedly lost more than half a billion in revenue. Galeria Karstadt Kaufhof has not yet disclosed to the news agency dpa how many stores will be closed. The trade union Verdi criticized this decision. The head of the union’s retail division, Orhan Akman, told the German press agency dpa that it is a sad state of affairs when management could not come up with better ideas than cutting personnel costs and closing stores. Instead of a new cutback frenzy, the company should find ways to provide a future for its staff and stores, said the unionist.
The exhibition of painter Velimir Ilišević entitled „Striking roots“ is opened in the gallery space LAG within Galerija Belgrade. The series of paintings is a summary of Ilišević’s reflections on painting, while the choice of motifs symbolizes development and indicates his future achievements.
McArthurGlen celebrates the opening of McArthurGlen Designer Outlet West Midlands, its major new £160 million fashion destination that is set to be the only stand-alone shopping centre to open in the UK this year.