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Deal to keep Karstadt alive moves closer
retail

Deal to keep Karstadt alive moves closer

The prospects for 25,000 employees at the beleaguered department store chain Karstadt are looking brighter after it emerged Thursday night that negotiators were close to striking a deal on reduced rent on the chain’s properties.
Booming growth boosts consumer confidence
Economy

Booming growth boosts consumer confidence

Record growth is lifting the spirits of Germany's traditionally cagey consumers, the GfK institute said Thursday as its household confidence index pointed to a sustained expansion of Europe's biggest economy.
Late Aldi billionaire's armoured car up for sale
Cars

Late Aldi billionaire's armoured car up for sale

The armoured Mercedes belonging to late billionaire Theo Albrecht has gone on sale just a week-and-a-half after his death, offering a special glimpse into the reclusive lifestyle of the co-founder of discount grocery chain Aldi.
Getting toddlers to like bikes
children

Getting toddlers to like bikes

The Local’s series “Made in Germany” presents the best the country has to offer, including the innovative toddler training bikes by <b>Kokua</b>.