Two department stores of German retailers Karstadt and Kaufhof ...

Two department stores of German retailers Karstadt and Kaufhof ...
AFP
Sat Nov 7, 3:51 PM

Two department stores of German retailers Karstadt and Kaufhof stand side-by-side in the southern German city of Trier. Employees of the embattled German department store chain Karstadt, owned by the insolvent retail group Arcandor, agreed Saturday to take salary cuts as part of a last-ditch effort to save their jobs.

Photo:Torsten Silz/AFP

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