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Financial News

Tuesday June 9, 08:59 AM

 

 

Employees of German retailer Karstadt, owned by Arcandor group, during a protest in Frankfurt to save their jobs

By Thomas Lohnes

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Employees of German retailer Karstadt, owned by Arcandor group, hold a poster reading Employees of German retailer Karstadt, owned by Arcandor group, hold a poster reading "It's a question of 56,000 jobs" during a protest in Frankfurt on June 8. The board of the retail and tourism giant Arcandor have been holding an emergency meeting to save the company in Germany, a spokesman has said, after Berlin rejected its bid for aid.


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