Germany: Union agrees to wage cuts and store closures at Karstadt20 Nov 2009 10:54 GMT ... seen the workforce of Karstadt’s parent company Arcandor being made to pay for the enrichment ... have been thrown onto the street. The retail giant Metro, which operates the Kaufhof chain, ...
AXA takes 68 per cent stake in European call centre operator13 Nov 2009 13:53 GMT ... week, the firm acquired German teleshopping channel HSE 24, which is part of insolvent retail holding company Arcandor. AXA believes that HSE 24 and CCC have a strategic fit. AXA holds €16.7bn ...
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