6 October 2021
The Weekly
Germany

In 2020, Galeria (formerly Karstadt Kaufhof Galeria) online sales were still at €130mn, this year Galeria expects to crack the sales mark of €200mn. CEO Miguel Müllenbach expects e-commerce sales to increase to more than €500mn by 2025. €100mn should be invested in the expansion of the online offering in the coming years, in order to get a better grip on the technical and logistical processes.