March 13, 2026

Søstrene Grene Opens First Styrian Location at ShoppingCity Seiersberg, Austria

Danish retail chain Søstrene Grene opened its first store in the Austrian state of Styria on March 13, 2026, taking up residence at ShoppingCity Seiersberg.

Sebastian Hylving appointed as Managing Director of Ingka Centres

Ingka Centres announced the appointment of Sebastian Hylving as its new Managing Director. Sebastian succeeds Cindy Andersen who was recently appointed as Deputy CEO and CFO Ingka Group | IKEA.

EDEKA to Acquire Major Parts of Tegut

The Genossenschaft Migros Zürich (GMZ) has decided to withdraw from the German market, with EDEKA set to acquire a substantial part of the Tegut Group. Despite significant cost savings that cut Tegut’s operating losses by more than half last year, revenues continued to decline amid a deteriorating market environment.

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March 13, 2026

Søstrene Grene Opens First Styrian Location at ShoppingCity Seiersberg, Austria

Sebastian Hylving appointed as Managing Director of Ingka Centres

EDEKA to Acquire Major Parts of Tegut

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