Retail Archives - Page 2 of 48

Shein To Reconsider IPO Plans Amid Criticism Over The Retailer’s Business Practices In The EU

Amid regulatory criticism from the EU, Shein is considering a listing in Hong Kong after the fast-fashion retailer’s proposed IPO in London failed to secure the approval of Chinese regulators.

Gerry Weber Closes All Stores And Sells Trademark Rights To Spanish Fashion Company

The insolvent fashion company Gerry Weber is closing all its stores, with Spanish retailer Victrix taking over the German brand.

ALDI UK TO OPEN TEN NEW STORES THIS SUMMER

Aldi is set to open ten new stores in the UK over the next 14 weeks, while a further 30 stores will undergo a refresh.

Tamaris Enters Switzerland With First Store Opening

Tamaris is debuting in Switzerland with the first store opening in Schaffhausen.

A Prime Example Of Real Estate Transformation: Union Investment Converts Former Karstadt Property On Hamburg’s Wandsbeker Markt

ISZ Immobilien Service Zentrum GmbH and Union Investment signed a lease agreement for the use of the space in the former Karstadt property in the Wandsbek Markt district by the Wandsbek district office. The new location for the Wandsbek district office has been leased for a term of 20 years. The move is scheduled to take place by 2029.

New York’s Fifth Avenue To Receive New 350-Million-Euro Transformation

New York City Mayor Eric Adams announced new investments, totaling over 350 million euros, to fully fund the transformation of Fifth Avenue into a world-class, pedestrian centered Boulevard.

Designer Outlet Kraków Celebrates Grand Opening

With over 120 international and Polish fashion and lifestyle brands, a vibrant F&B offering and a prime urban location, Designer Outlet Kraków launched with a celebratory ceremony hosted by KG Group and ROS Retail Outlet Shopping—marking a significant milestone for premium outlet shopping in southern Poland.

Levi Strauss To Sell Dockers To Reebok-Owner Authentic Brands Group

Levi Strauss & Co. has entered into a definive agreement with Authentic Brands Group (Authentic) to sell Dockers to Authentic for an initial transaction value of 275 million euros, with the potential to reach up to 345 million through a 70 million earnout opportunity in future years based on the performance of the Dockers business under Authentic’s ownership.

Germany’s Rhine-Ruhr Zentrum Starts A New Chapter As The Center’s Refurbishment Commences

The Rhein-Ruhr Zentrum (RRZ) in Mülheim, Germany, has entered a new era with the start of the conversion work. A total of around 180 million euros is to be invested in the comprehensive redesign of the center. After an intensive planning phase, the first conversion work has now begun.

M&S Faces Heavy Financial Impact Following The Recent Cyberattack Despite Strong Results In The Past Financial Year

Amid a multimillion-pound class lawsuit launched by Scottish customers against Marks & Spencer following the theft of personal data due to the recent cyberattack, the company can also expect a cyber incident impact of around 300 million pounds on its 2025/26 operating profit, looming over its highly positive results in the 2024/25 period.

CC Real Has Reinvented One Of Helsinki’s Most Iconic Shopping Destinations

The extensive redevelopment of the ITIS Shopping Center in Helsinki has now been successfully completed. With an investment of 60 million euros, CC Real has fundamentally repositioned the center by the end of 2024 and transformed it into a modern, future-proof urban destination.

Shopping Centers Of Today Are Important Leisure Destinations

In addition to its function as a supplier to the population, retail is increasingly taking on the role of entertainment. Concepts built around customer experience and gastronomy are now essential components of shopping centers, shows the latest shopping center report on Germany from the EHI Retail Institute.

GRANTHAM DESIGNER OUTLET VILLAGE DOUBLES DOWN ON SUSTAINABILITY AT ONE OF THE BEST PHYSICAL LOCATIONS IN EUROPE

Commanding one of the best locations in the UK, the Grantham Designer Outlet Village is to become one of the top 10 outlet destinations in the country upon completion. The outlet will follow the very successful blueprint developer Rioja Estates created at Malmö Designer Village when it comes to sustainability, brands and customer experience.

ACQUISITIONS AND OPERATIONAL IMPROVEMENTS FUEL OUTSTANDING RESULTS FOR NEPI ROCKCASTLE IN Q1

NEPI Rockcastle achieved a robust 12.6% increase in net operating income to 152 million euros in the first quarter (Q1) 2025 versus Q1 2024, driven mainly by the two large acquisitions in Poland in the second half of 2024 as well as several active asset management initiatives on existing portfolio.

ARKET Enters Austria With First Store In Vienna

Fashion chain ARKET, which is part of the H&M Group, is opening its first flagship store in Vienna on May 16, 2025. The opening of the first store also marks the brand’s entry to Austria.

First quarter In Line With Expectations For Deutsche EuroShop

Shopping center investor Deutsche EuroShop has started the 2025 financial year in line with expectations.

DOUGLAS Group Shows Mixed Results For Q2

The DOUGLAS Group closed the second quarter of the 2024/25 financial year with a decline in sales, but at the same time improved its net result.

Price Sensitivity And Brand Loyalty: Emerging Consumer Trends In Germany

Changing consumer habits, rising living costs, and a growing awareness of the right balance between price and quality have intensified competition for customers. A recent study by Statista focusing on Germany’s consumer market explores how consumers make purchasing decisions today, what influences their behavior, and which long-term trends are emerging.

Primark To Debut Its First Stores In The Middle East Later This Year

Primark has announced its first stores in the Middle East in partnership with Alshaya Group. The first stores to open in the GCC region later this year mark the international retailer’s 18th & 19th market entries.

INTERSPORT EXPANDS WITH FLAGSHIP CONCEPT IN GERMANY

With INTERSPORT Krumholz in Mülheim-Kärlich and Sport Förg in Augsburg, two new locations are added to the INTERSPORT flagship network in Germany.

HalfPrice Opens Its First Italian Store At Merlata Bloom Milan

HalfPrice has opened the doors of its first store in Italy, choosing Merlata Bloom Milan as the exclusive destination for its national debut.

Designer Outlet Parndorf Further Strenghtens Its Position As A Leading Destination In Europe With Its 6-Million-Euro Investment For 2025

Designer Outlet Parndorf focuses increasingly on overall shopping experience, increased internationalization and a clear positioning as a tourist magnet. In 2025, 6.3 million euros will be invested for even more shopping highlights, optimal infrastructure and sustainable projects.

“FOOD GARDEN” AT MAIN-TAUNUS-ZENTRUM: A PRIME EXAMPLE OF ADAPTABILITY

At Main-Taunus-Zentrum (MTZ), one of the largest and most successful shopping centers in Germany, ECE Marketplaces has realized a new destination within the center being a further development of the open structure and providing an additional USP of the center. In the middle of the open-air shopping center in Sulzbach near Frankfurt am Main, the new “Food Garden” creates a lively new urban center with a high quality, varied gastronomy offering in five free-standing restaurant buildings for a total of eight restaurant concepts, inviting outdoor terraces, and attractive green spaces.

URW and Cenomi Centers Sign Strategic Partnership In Saudi Arabia

Unibail-Rodamco-Westfield (“URW”) and Cenomi Centers have announced the signing of a strategic and franchising partnership agreement within the Kingdom of Saudi Arabia (KSA).

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