KarstadtQuelle May Integrate Catalogs

KarstadtQuelle A.G., the German mail order and retailing giant, may integrate its Neckermann and Quelle catalogs to help cut costs, according to news reports. The catalogs make up about half of the firm’s total sales of more than 34 billion marks. The company will probably also revamp more stores to lure wealthier consumers. The refurbishments would be new CEO Wolfgang Urban’s first effort to restore the retailer’s fortunes after a first-half loss.