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Arcandor at the brink, layoffs possible
Arcandor, the parent company of such German household names as Karstadt, the department store, and Thomas Cook, the travel agency, is at the brink of bankruptcy, <i>Bild am Sonntag</i> reported Sunday.
Arcandor, the parent company of such German household names as Karstadt, the department store, and Thomas Cook, the travel agency, is at the brink of bankruptcy, <i>Bild am Sonntag</i> reported Sunday.