arcandor ag (ARO) Details

Arcandor AG, through its subsidiaries, operates in home shopping and department store businesses worldwide. The company operates approximately 89 department sports stores under the Karstadt, Alsterhaus, KaDeWe, and Oberpollinger brands; and 27 sporting goods stores under the Karstadt sports brand, as well as an online store under the karstadt.de brand name. It also provides restaurant services under the Le Buffet brand name. In addition, the company offers mail order services through monthly catalogues and the Internet. Its online sites include quelle.de, a shopping sites focusing on fashion, technology, home, and kitchen products. The company was formerly known as Karstadt Quelle AG and changed its name to Arcandor AG in May 2007. Arcandor AG was founded in 1881 and is headquartered in Essen, Germany. On June 9, 2009, Arcandor AG filed an application for insolvency with a district court in its hometown of Essen, Germany.

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