Retail Archives - Page 5 of 46

Kaufland Moves To The Rhein-Ruhr Center In Mülheim

The Eurofund Group and Signal Capital Partners have secured Kaufland as a new anchor tenant for the Rhein-Ruhr Center in Mülheim, Germany.

Kering Reports 12% Decline in 2024 Sales Revenue

Kering’s 2024 revenue amounted to 17.2 billion euros, experiencing a considerable decline of 12%, shared the company in its latest report.

Lifestyle Label Luis Trenker Opens At Westfield Hamburg-Überseequartier

Luis Trenker’s new store in Hamburg will open its doors together with the Überseequartier on April 8, 2025.

Trinity Capital AD Acquires Park Center Sofia In Bulgaria

The acquisition of Park Center Sofia, the first shopping center of western type to open in Bulgaria, by Trinity Capital and Hus OOD, has been finalized.

Kering Sells Italian ‘The Mall Luxury Outlets’ To U.S. Investor

Kering finalized the sale of 100% of The Mall Luxury Outlets entities held by Kering to Simon, the US real estate investment trust engaged in the ownership of premier shopping, dining, entertainment destinations.

ACROSS Discuss Ep. 11: Competitive Socializing Requires Top-Notch F&B To Make It Truly Memorable

According to the motto “from insiders for insiders,” we examine the top topics in the industry in exciting, entertaining discussion settings.

EVOLVE ESTATES EXPANDS ITS PORTFOLIO BY ACQUIRING BEAUMONT LEYS SHOPPING CENTER IN LEICESTER IN A JOINT VENTURE WITH M CORE

Evolve Estates, part of commercial property and investment collective M Core, has acquired Beaumont Leys, a successful community shopping center in a high-growth suburb in Leicester. The 10-acre site is the dominant local retail offer within the area, serving a significant residential population of 670,000 people. The acquisition is a joint venture with M Core.

EuroCIS 2025: The Most Important Trends And Innovations For The Retail Sector

EuroCIS 2025 in Düsseldorf promises pioneering innovations for the retail sector under the motto “Go Beyond Today”. The focus will be on topics such as artificial intelligence, smart stores and cybersecurity in order to make the retail sector safer and more efficient. Visitors can look forward to the latest technologies, exciting presentations and international exhibitors. In an interview, Elke Moebius, Director EuroCis at Messe Düsseldorf GmbH, provides exciting insights into the focal points of this year’s event.

ECE To Develop Gesundbrunnen Shopping Center Into A Mixed-Use Location

ECE is investing in the further development and value enhancement of the shopping center Gesundbrunnen Center Berlin and is expanding the property into a mixed-use location.

HyperIn: Asia Leads the Way in AR Wayfinding

Across Asia, Visual Positioning System (VPS) technology utilizing augmented reality (AR) wayfinding is transforming how people navigate complex commercial spaces. From shopping malls and airports to mixed-use developments, digital navigation is evolving beyond static maps—offering real-time, interactive experiences through mobile devices.

MEC Drives The Development Of Its Retail Locations With 135,000 Sq M Of Leased Space

MEC, specialist for the management of retail properties, and, in particular, retail parks, let 135,000 sq m of retail space in 2024 and concluded 265 leases and contract extensions.

Rhein-Ruhr Zentrum Secures Müller As New Tenant

Eurofund Group and Signal Capital Partners are bringing Müller as a new anchor tenant to the Rhein-Ruhr Zentrum in Mülheim, Germany.

Non-Food Discounter “Action” Is Approaching The 600-Store Mark In Germany

Non-food discounter Action opened 59 stores in Germany last year, and will soon reach 600 stores nationwide.

Esprit Closes Last Remaining Stores In Germany

Following previous plans, fashion group Esprit is closing the last of its stores in Germany at the end of January.

H&M Showed Slight Sales Decline During Last Financial Year But Cost-Cutting Measures Have A Positive Effect

H&M suffered a slight decline in sales in the 2023/24 financial year, however, it was able to improve its earnings thanks to efficient cost-cutting measures.

In 2024, ALEXA Berlin Confirmed Its Leading Position In The German Retail Market And Plans To Further Sharpen Its Profile As A Trend Center

The ALEXA shopping and leisure center in Berlin-Mitte can look back on an extremely positive 2024. The center, which is owned by Union Investment and managed by Sonae Sierra, was able to further expand its position as one of the most attractive retail locations in Germany with 17 new leases and 18 lease extensions and was named Germany’s best inner-city center. Further optimizations are planned for 2025.

Ikea Plans To Expand Digital Second-Hand Marketplace In Europe

Following a successful trial period in Oslo and Madrid, Ikea’s second-hand platform “Preowned” is ready to expand across the whole of Norway and Spain, with plans to continue its expansion throughout Europe.

Galeria Store Chain Had Profitable Start In 2025

According to its co-owner, the German department store chain Galeria has made a profitable start to the new financial year following the insolvency proceedings concluded in the summer.

SES Commissioned With The Center Management Of Hungarian KORZÓ For Another Five Years

The owner of the KORZÓ shopping center in Nyíregyháza, Hungary, a pan-European banking group, has commissioned SES Spar European Shopping Centers to manage the center for a further five years.

Köln-Arcaden In Germany Receives A Sustainable Mixed-Use Development from Union Investment

Union Investment, owner of the Köln Arcaden shopping center in Germany, is planning to develop the site into a new mixed-use quarter. The preliminary planning envisages around 108 apartments, some privately financed and some publicly subsidized, as well as senior citizens’ apartments, a facility with care places for senior citizens and office space for a total of around 800 employees.

Olaf Ley Takes Over The Management Of Eurofund Germany

Eurofund Group has appointed Olaf Ley, who has been with the Group since November 2024, as the new CEO Retail for Germany.

Rituals Solidifies Expansion Plans After Achieving Record-Breaking Sales In Q4

Rituals solidifies expansion plans after topping 2 billion euro in sales for the first time in its 25-year history.

Pepco Shows Interest In Acquiring NKD’s Discounter Chain In Germany

With the discounter having recorded continuous losses in the past few years, chain-owner TDR Capital is reportedly considering selling the assets. Now, one of the chain’s major competitors, Pepco, is showing a lot of interest.

SES Introduces Certified Environmental Management System

SES sets a strong example for sustainable management and environmental protection with the successfully introduced comprehensive environmental management system and received ISO 14001 certification from TÜV AUSTRIA. This applies to both the SES headquarters and 15 SES shopping malls in Austria.

Cookie	Duration	Description
cookielawinfo-checkbox-advertisement	1 year	Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category .
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
CookieLawInfoConsent	1 year	Records the default button state of the corresponding category & the status of CCPA. It works only in coordination with the primary cookie.
elementor	never	This cookie is used by the website's WordPress theme. It allows the website owner to implement or change the website's content in real-time.
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Cookie	Duration	Description
_ga	2 years	The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.
_gat_gtag_UA_135750163_2	1 minute	Set by Google to distinguish users.
_gid	1 day	Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.

Retail

STRATEGIES AND EXPANSION PLANS OF RETAILERS