Tedi conquers Kaufhof branches: Discounter expands before Christmas!

Tedi conquers Kaufhof branches: Discounter expands before Christmas!

In a surprising turn, the discounter Tedi moves into closed branches from Galeria Kaufhof! With the aim of promoting his expansion, Tedi will soon rents locations in eight German cities, including Reutlingen, Hildesheim and Wuppertal. The changeover takes place before Christmas 2024, while the competitive landscape in retail by bankruptcies such as that of Esprit is becoming increasingly empty.

The former Kaufhof shops offer space for between 1,000 and 2,000 square meters for Tedi, which wants to offer a wide range of household goods, decoration and toys. However, it is initially only an interim rent. Tedi expansion chief Fabian Kampa has emphasized that the long-term use of the branches is still uncertain, reports the food newspaper. The right time for a quick comeback of the discounter! .