During this trying time, a group of management companies of large shopping centers in Ukraine supported the business of its partners by providing rent-free vacation for the entire period of forced downtime.
The world and the retail sector are literally gasping for breath. Silvio Kirchmair, CEO of umdasch The Store Makers and Member of the ACROSS Advisory Board, talks about the situation at umdasch and how things could continue in the retail sector.
“After the first soft measures in early March, a curfew restriction was imposed in Hungary from March 28 until April 11. Together with the compulsory closing of all non-food shops at 3:00 PM this has had a huge impact on the retail sector.”
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