The Long Shadow of Aryanization

In 1933, Hermann Tietz & Co., one of the largest department store firms in Germany, was forcibly expropriated from its Jewish owners as part of the Nazi policy of Aryanization. It was renamed Hertie, and remained one of Germany's largest retailers until it was purchased in 1994. The heirs of Georg Karg, who took over the firm from its rightful owners in 1933, set up a foundation in his honor shortly after his death.