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Düsseldorf (dpa) - The electronics retailer Ceconomy - known for its subsidiaries Media Markt and Saturn - wants to continue to hold onto the store chains despite the online boom in the corona crisis.
The group is relying on the connection of stationary trade and online business, said CEO Bernhard Düttmann on Wednesday at the company's online general meeting.
"The basis is the business in the stores," emphasized Düttmann.
"The return of customers after the first lockdown has confirmed that stationary retail with personal advice, embedded in our omnichannel strategy, is still the backbone of our success," emphasized the manager.
This is complemented by online business.
The pandemic will not change that.
However, online business has also gained massively in importance for Ceconomy in the pandemic.
In the important Christmas quarter, the retail giant already made around 30 percent of its sales on the Internet.
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Düttmann emphasized that Corona, in addition to major challenges for the group, also offers new opportunities, for example in the sale of consumer electronics for the home office.
"Equipping schools, for example - but also small and medium-sized companies - offers us many opportunities."
The most important point at the Annual General Meeting was the shareholders' decision on how to settle the long-standing dispute between Ceconomy and the Kellerhals family.
With almost 99 percent of the votes cast, the shareholders approved a capital increase, which enables the family of the Media-Markt co-founder to exchange their shares in Media-Saturn-Holding for a stake of up to 29.99 percent in Ceconomy, which is the largest Become a Ceconomy shareholder.
According to the electronics retailer Düttmann, this will not only allow its structures to be simplified, but also enable the use of losses carried forward in the billions.
© dpa-infocom, dpa: 210217-99-479614 / 2