March 24, 2026

After years of rapid growth, KiK is shifting gears. In an interview with dpa, CFO Christian Kümmel confirmed plans to close up to 300 stores across Europe — signalling a strategic reset as the retailer confronts the limits of its large-scale expansion.

David Simon, Chairman, Chief Executive Officer and President of Simon Property Group, has passed away at the age of 64. With his death, the global retail real estate industry loses one of its most influential and transformative figures.

SES Spar European Shopping Centers held its ground again in 2025, navigating a challenging environment for brick-and-mortar retail. Austria’s market-leading shopping mall operator built on its strong prior-year performance and further consolidated its position.