Retail Archives

Adidas Finishes 2024 With Strong Q4 Results

January 22, 2025

adidas announced preliminary results for the fourth quarter of 2024. In Q4, currency-neutral revenues increased 19%, while in euro terms, the company’s revenues grew 24% to 5,965 million euros (2023: 4,812 million euros).

Management Change At Outletcity Metzingen

January 22, 2025

COO Regine Schöllkopf-Pinakidis has been appointed as CEO at Outletcity Metzingen, forming a new management board with CFO Michael Henseling.

German Shoe Chain Görtz Files For Insolvency Again

January 21, 2025

After its recent insolvency case in 2022, Hamburg-based Görtz Retail GmbH has filed for insolvency again.

Gymshark On Expansion Course With Debut Opening In Dubai

January 21, 2025

Gymshark is opening its first permanent store outside the UK in The Dubai Mall, as part of its international expansion.

Unibail-Rodamco-Westfield Strengthens Strategic Partnership With Decathlon

January 17, 2025

Unibail-Rodamco-Westfield (URW) Germany is enriching the already diverse and attractive tenant and brand mix of Westfield Ruhr Park in Bochum and Palais Vest in Recklinghausen: with the sporting goods manufacturer and retailer Decathlon, another anchor partner is coming on board in both shopping centers. At Westfield Ruhr Park, Decathlon will present its extensive product range on a sales area of more than 1,000 sq m. At Palais Vest, the store will cover almost 1,000 sq m of sales area. The stores are scheduled to open in spring 2025.

Primark Opens Its First Standalone Primark Home Store

January 17, 2025

Set to open in March, Primark continues to expand its homeware and lifestyle offering with its first-ever Primark Home store.

“There is a viable solution for every property”

January 16, 2025

In an interview with ACROSS, Joachim Stumpf, Managing Director of BBE Holding and IPH Handelsimmobilien, analyzes the role of retail real estate in light of the current economic and social situation. His conclusion: “The advancing polarization is a key issue when we discuss what options we have to counter the transformation in retail. Against this backdrop, we also need to rethink retail and locations. Despite all the challenges, good and individual types of use can be found for all properties – but getting there can be painful.”

Eurofund Group Strengthens Its German Team

January 15, 2025

Eurofund Group is further expanding its presence in the German market and is strengthening its team with Marc Heppner as the new Director Development.

ECE Marketplaces Has Achieved Strong Leasing Performance And Over 820,000 sq m Of Leased Shopping Center Space

January 15, 2025

The shopping center operator ECE Marketplaces has once again achieved a strong leasing performance in the shopping centers under its management in 2024 that exceeds the already very successful results of the previous year.

IKEA Retailer Ingka Group To Invest 1 Billion Euros To Increase Recycling Infrastructure

January 15, 2025

Ingka Investments, the investments arm of the largest IKEA retailer Ingka Group, aims to invest about 1 billion euros in companies that are increasing recycling infrastructure.

Will´s F&B Insights: New Year of Hospitality Trends and Predictions

January 14, 2025

How are you doing with your resolutions? Still going strong, or already planning for the resolutions for next year? Its customary to look into my glass bowl at the beginning of a new year and predict the future of hospitality, new trends and what else is cooking in our industry and how it might impact the leasing and development efforts.

Designer Outlet Parndorf Expands International Accessibility With New Connection To Bratislava

January 14, 2025

McArthurGlen Designer Outlet Parndorf is strengthening its position as an internationally popular shopping destination: in cooperation with the Austrian transport and tourism company Blaguss, a shuttle bus service connects the Slovakian capital Bratislava directly with the center.

Online Retailer Wayfair Exits The German Market

January 13, 2025

Online retailer Wayfair exits the German market, one of its first original entry points in Europe, after 15 years.

Coresight Research and NextRivet Announce Strategic Partnership to Redefine Retail and Real Estate with Insight-Driven Innovation

January 10, 2025

Coresight Research, a research and advisory firm specializing in retail and technology, and NextRivet, a digital innovation and implementation consultancy specializing in retail real estate, announced their strategic partnership and the launch of CoreRivet. The CoreRivet service is designed to empower retail and real estate executives with actionable insights and cutting-edge technologies that drive sales growth, operational efficiencies, and elevated customer engagement.

XXXLutz took over Porta Group from Germany

January 8, 2025

Austrian retail giant XXXLutz continues its furniture store empire. The company took over the Porta Group from Germany including 140 locations.

URW sells 15% stake in Paris shopping center Westfield Forum des Halles

January 7, 2025

Westfield Forum des Halles is a 77,600sqm flagship shopping center located in the heart of Paris. Unibail-Rodamco-Westfield (URW) has sold a 15% stake to CDC Investissement Immobilier, the real estate arm of French public financial institution Caisse des Dépôts (CDC).

The retail renaissance: A new approach

January 7, 2025

Over the past couple of years, it has become evident that retail is seeing a significant resurgence. This is across shopping centers, large destination indoor malls, and retail parks and outlets, explains Mark Bruce, Data & Insights Director at Mallcomm. While some may have dismissed the retail sector, others have recognized that despite some challenges, there is a great opportunity.

Skechers Opens New Concept Store In Prague

December 20, 2024

Skechers has opened a new flagship store in the center of Prague, with the destination featuring an extensive offering of footwear, apparel and accessories.

GFK: CONSUMER FEARS AND ADAPTATION STRATEGIES — EUROPEANS ARE ADAPTING THEIR PURCHASING BEHAVIOR

December 19, 2024

The COVID-19 pandemic and the wars in Ukraine, Israel and Gaza have had a lasting impact on people’s lives. Worries and hardships have changed, and consumers have adjusted their spending behavior accordingly. A global consumer survey by NielsenIQ shows that European consumers are very critical of their economic situation compared to the previous year.

ACROSS Discuss Ep. 10: Consumer Demand Is In Constant Change — Don’t Look Back

December 18, 2024

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

BROOKFIELD PROPERTIES: CHALLENGES OF ASSET MANAGEMENT IN 2024 (GLOBALLY) AND HOW TO FIND ANSWERS TO THOSE

December 18, 2024

In many ways 2024 has been a challenging environment for the sector. German consumers have been caught between slow wage growth and wider political uncertainty, both domestically and abroad. A weakened overall market in Germany also effects Potsdamer Platz. However, when consumer demand tightens you can still be successful if you have the right tenant mix.

Mango Founder Isak Andic Passed Away In Hiking Accident

December 17, 2024

Isak Andic, Mango’s founder and non-executive Chairman, has passed away in a hiking accident, announced the Spanish fashion group.

More Than 15 New Deals At Westfield Centro

December 17, 2024

Unibail-Rodamco-Westfield (URW) is once again strengthening the attractiveness of the shopping and leisure destination in North Rhine-Westphalia: for this purpose, rental areas of anchor partners are being comprehensively expanded to establish flagship formats and, at the same time, new brands are being brought on board to further diversify the product range at the center. In this context, Westfield Centro is also announcing several market entries in Germany. A number of the new partners are also placing a particular focus on sustainability in their business model.

NEINVER Outlet Centers Achieve Excellent Standards Of Accessibility

December 16, 2024

NEINVER continues to invest in improving the universal accessibility of its centers, with 66% of its outlet portfolio improving their accessibility ratings in the latest 2024 recertification cycle.

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