Retail

After years of rapid growth, KiK is shifting gears. In an interview with dpa, CFO Christian Kümmel confirmed plans to close up to 300 stores across Europe — signalling a strategic reset as the retailer confronts the limits of its large-scale expansion.

Fressnapf | Maxi Zoo is setting an important strategic course for the further development of its department Product Offer while strengthening the operational leadership structure of the Group. Effective May 1, Mikko Forsström will assume the role of Chief Product Officer (CPO).

At the opening of EuroShop in Düsseldorf, two prestigious awards set the tone for the global retail industry. The reta awards 2026 and the EuroShop RetailDesign Award 2026 highlight a sector that is simultaneously data-driven, design-oriented and increasingly human-centric.

Retail is not dying — it is polarizing. While the industry debates atmosphere and community, consumers are voting with their wallets. In uncertain times, price is the most powerful experience driver — and the middle of the market is paying the price.