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Global Retail Attractiveness Index remains weak in Europe. Poland, Germany and Ireland are new top trio in index. UK the only market to see an increase.

ECE recently opened the Cano shopping center that it has developed and realized in the city of Singen in Southern Germany after roughly two and a half years’ construction.

Colosseum Mall will host next year two KFC restaurants. One of the two locations is going to be a Drive-Thru restaurant with over 300 sq m, while the other one will be a « fast food » restaurant within Colosseum Mall’s food court, with a surface of more than 150 sq m.

With many of its brands offering bumper deals on top of outlet prices, total sales at London Designer Outlet (LDO) are up by 22% compared to October – and even up compared to last year – as savvy shoppers seek out deals on gifts and premium fashion labels ahead of Christmas.

centre:mk has announced that Love Local Hub, has opened its flagship pop-up space in centre:mk, the first in a national project created to help retail entrepreneurs and landlords across the UK.

Landsec has announced that Zara yesterday opened its first new concept store in the UK at Bluewater, one of Europe’s leading retail and leisure destinations. The 37,000 sq ft store, which is double the size of Zara’s previous store at Bluewater, shares its design with Zara’s other global flagships in Barcelona and Dubai.

Both, VIA Outlets and Neinver have been awarded a 5 Star Rating in the 2020 GRESB Real Estate Assessment. The highest GRESB score available, it is a recognition for being an industry leader of sustainability and represents entities placed in the top 20 percent of the benchmark.

European urban real estate investment manager Redevco finished the large-scale renovation of Parque Corredor in Madrid. The construction works, which started a year ago, have been completed ahead of schedule despite the extensive measures issued by the Spanish government in response to COVID-19. More than 300 workers continued building works in shifts during the so-called lockdown period, after assuring the implementation of a very strict Health & Safety protocol.

Ingka Group reported a total revenue figure of EUR 37.4 billion (EUR 39.2 billion FY19) for FY20i across its three business areas (IKEA Retail, Ingka Investments and Ingka Centres), despite the challenges presented by the COVID-19 pandemic. The company remains guided by its commitments to people and planet and has continued to accelerate investments in online and sustainability – and to make strides on its transformation journey.

The St David’s Partnership, owner of St David’s Cardiff, has announced the launch of a new 2,637 sq ft store for Japanese-inspired lifestyle product retailer, MINISO, the first in the UK for the brand outside of London.

Despite challenging times, all eligible co-workers will receive an allocation called Tack! (tack means thank you in Swedish) to their pension funds in November as a thank you for their loyalty and contribution. All full-time co-workers within a country receive the same Tack! amount regardless of unit, position or salary level.

…or they will be very soon! Valentine’s Day is mere months away and this annual event is not only an important event for lovers but also the retail and leisure sectors. This celebration of love was responsible for generating a whopping one billion Euros of revenue in Germany, and in Austria, the average spend on loved ones was around EUR60 per head (sources: the German and Austrian Trade Associations).