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Retail

The share of private consumption allocated to retail – rather than savings, services, or leisure – continues to decline across the European Union. In 2024, this trend persisted for the third consecutive year, with EU citizens spending just 32.6 percent of their disposable income in retail. Croatia recorded the highest share, with nearly every second euro spent in retail. These insights come from a new, free study published today by NIQ Geomarketing, offering a comprehensive overview of retail trends across Europe.

The world of retail real estate is revolving faster than ever before: Consumer behavior is changing rapidly, brands are disappearing overnight, and digitalization and shifting values are forcing us to rethink the way we do things. In order to survive, you need more than just square footage; you need a deep understanding of retailers, customers, and social developments. That is why Spar and SES are committed to building genuine partnerships – on an equal footing, with flexibility, innovative strength, and shared responsibility for success.

In a world that’s becoming increasingly digital Ingka Centres believes the future lies in real-world connection. Through a bold mix of play, purpose, and partnership, Ingka Centres is transforming retail destinations into inclusive, experience-driven Meeting Places.

Retail and tourism are merging, as malls transform into destinations where visitors seek experiences, not just products. From Dubai Mall to Mall of America, the world’s shopping centers are reinventing themselves with entertainment, digital services, and personalized journeys. With innovations like SmartGifty, even regional players such as BTC City Ljubljana are proving how digital gift cards, loyalty programs, and smart platforms can turn retail hubs into tourist magnets. The future of shopping is experiential, digital, and sustainable. And it’s already here.

DICK’S Sporting Goods has completed its $2.4 billion acquisition of Foot Locker, emerging as a new global sports retail leader. The deal is set to strengthen DICK’S presence across North American, European, Asian and Australian regions, as well as retaining Foot Locker and its family of brands, including Kids Foot Locker, Champs Sports, WSS and atmos.

The Vienna-based company CC Real is today among the most significant, albeit so far relatively low-profile, players in the European retail real estate market. In an interview with ACROSS, founders Fabian Kaufmann and Sven Vorih, describe the journey from their beginnings in Croatia to their current expansion strategies in Europe and Australia. The discussion covers experiences in times of crisis, strategic partnerships, refurbishment successes, and the question of why CC Real still firmly believes in the future of retail.

Innovation and the safeguarding of future success require conviction and values – ECE celebrates its 60th anniversary in 2025. This is more than just an anniversary: It is a commitment to continuous change and responsible business practices. ECE Marketplaces CEO Joanna Fisher, who has been with the company for nearly three decades, discusses the power of putting values into practice, her own journey from a working student to a top manager, and how true innovation can only be achieved through integrity and clarity.

“When the tenant thrives, the asset survives” is an old saying in retail real estate leasing management. But survival is only the baseline – the ambition must go further. Not just to “survive” – the asset should “fly.” But what will it take in 2025 for an asset to take off? For this cover story, we asked leading figures in the European retail real estate sector what they see as the most significant current challenges, as well as the solutions needed, for retail assets not just to survive but to prosper.

KiK is set to close up to 400 of almost 2,400 locations in Germany, following reviews that mapped out the economically underperforming areas. However, existing markets abroad and domestically will continue receiving investments.

Having worked with the company for 6 years, Or Ackerman will now as CEO of G City Europe. With his experience and esteemed qualifications such as CPA and MBA with specialization in financial management, Ackerman will oversee G City Europe’s next chapter on the Polish Market.

After just 15 months, the optimistic venture of Le Big TamTam in the Hanseviertel Hamburg, Germany, has come to an abrupt halt. The food court, launched in July 2024 with the promise of transforming a neglected basement rotunda into a vibrant gastronomic destination, is now closed, at least temporarily, as the management reassesses the concept.

In an age where creativity meets technology, fresh perspectives matter more than ever. This article, written by Smart Gifty, offers unique insights and a sharp take on the topic – blending originality with a modern voice that keeps readers engaged from the first line.

Urban Outfitters has opened a new 745 sq m store in Metrocentre’s Red Mall, joining Zara, Mango, and Stradivarius after a record-breaking summer for fashion sales. The latest addition reinforces the centre’s status as the North East’s go-to destination for global brands.

BIG CEE will officially open Serbia’s first lifestyle retail park – BIG Čačak – on September 18. Covering 16,500 sq m and representing an investment of €25 million, the project introduces a diverse mix of well-known domestic and international brands, along with leisure and entertainment facilities designed for all generations.

In 2025, after more than a quarter of a century of dedicated service to Europe’s retail real estate community, the European Shopping Places Trust (ESPT) will close its books. For the professionals, students, researchers, and industry leaders touched by its work, this moment is less an ending than a milestone. This is a chance to reflect on what has been achieved and the legacy that will endure.

Retail is reinventing itself – one game at a time. As the mega-multiplex era fades and streaming dominates screens, malls and mixed-use destinations are turning to competitive socializing. Mini-golf with cocktails, high-tech darts, F1 simulators, and bowling-meets-karaoke mash-ups are the new anchors of experience. More than just entertainment, these hybrid venues are reshaping consumer journeys, driving footfall, and transforming retail spaces into cultural playgrounds as Will Odwarka explains in his latest column for ACROSS.

VIA Outlets has appointed Marianne Wesselo as the new Regional Business Director (RBD) for its Central Region, responsible for overseeing Batavia Stad Fashion Outlet (the Netherlands), Landquart Fashion Outlet (Switzerland), and Zweibrücken Fashion Outlet (Germany). Marianne is part of the VIA Outlets’ Executive Leadership Team and reports directly to Johan Bergenthal, Chief Operating Officer.

İnegöl Shopping Mall’s cultural and community-focused initiative, From Tradition to Future, has achieved global recognition, earning four Stevie Awards at the 22nd Annual International Business Awards. The project, developed and managed by Fiba Commercial Properties, received two Gold and two Silver awards, highlighting its impact on corporate responsibility and community engagement.

On November 11, 2025, Munich will once again become the hub of the retail real estate industry as the 16th Münchner Handelsimmobilientag (MHIT) opens its doors. Under the guiding theme “City. Space. Direction. How Polarization Shapes New Retail Formats and Locations”, the conference will gather leading experts, investors, and practitioners to debate the transformative forces reshaping Europe’s retail landscape.