4 March 2020
The Weekly

Categories: Online, Sport

Germany

Following the takeover of the former Otto subsidiary SportScheck, Karstadt Sports plans to significantly expand its online business and double sales in the next five years. SportScheck is a strong online and offline marketplace, but so far there is a lack of a sufficiently large branch network to integrate with brick-and-mortar retail. The sale of SportScheck to Galeria Karstadt Kaufhof allows the company to solve that problem. Together, there are now 156 Karstadt and Galeria Kaufhof department stores plus 52 separate sports stores nationwide in Germany.