Karstadt Branches Face Uncertain Future Following Benko Takeover

FRANKFURT AM MAIN, GERMANY - AUGUST 19: People walk past a department store of German retailer Karstadt on August 19, 2014 in Frankfurt, Germany. Austrian investor Rene Benko has taken over the chain of 83 stores and analysts expect details of a new strategy to rescue the ailing company to emerge following a meeting of the Karstadt governing board scheduled for August 21. According to media reports chances are high that up to 20 or so of the stores will face closure. (Photo by Thomas Lohnes/Getty Images)