Retail

With the book Modern Retail Management, Dr. Johannes B. Berentzen and Dr. Philipp Hoog present an outstanding collection that takes an in-depth look at the pressing issues of today’s – and tomorrow’s – retail landscape. Featuring 24 thought-provoking chapters by 36 leading experts, the book offers a rare blend of academic insight and practical guidance. From digital transformation and omnichannel strategy to sustainability and AI, this forward-looking volume equips readers with the tools and ideas needed to thrive in a rapidly evolving sector. Essential reading for anyone looking to shape the future of retail.

NUGA Castellana will be designed for “work, live and play”. The goal is to unify all spaces which are managed by PIMCO Prime Real Estate — Paseo de la Castellana 200-208, Félix Boix 4-8, Doctor Fleming 39-41, and Carlos Maurrás 7 (five residential units out of the 14 that make up the asset, alongside commercial spaces) — into a single block that blends cutting-edge design with the most advanced technology.

At Main-Taunus-Zentrum (MTZ), one of the largest and most successful shopping centers in Germany, ECE Marketplaces has realized a new destination within the center being a further development of the open structure and providing an additional USP of the center. In the middle of the open-air shopping center in Sulzbach near Frankfurt am Main, the new “Food Garden” creates a lively new urban center with a high quality, varied gastronomy offering in five free-standing restaurant buildings for a total of eight restaurant concepts, inviting outdoor terraces, and attractive green spaces.

The approval of the planning permission has paved the way for the large-scale modernization of SILLPARK Innsbruck, to be implemented by fall 2026 while the center operates as normal and without impacting shop opening times. The construction work on the mall began a few days ago, with no restrictions for visitors. SILLPARK, Innsbruck’s first city-center shopping mall, opened in 1990 and will now also gain a completely new health park. The investment of EUR 30 million will make SILLPARK the most modern location in Tyrol for socializing and shopping.

Las Vegas welcomed its first two Aldi stores in the presence of a large number of expectant consumers, which shows the retailer’s success with its popular brand strategy in the local market. The debuting stores opened as part of Aldi’s 9 billion euro expansion strategy in the country.

Stureplan is an extraordinary quarter, currently undergoing a major redevelopment. The work on revitalizing the neighbourhood is now in full swing, which, once finished, will house Stockholm’s most exclusive offices and international top-tier shopping locations, along with 20 new restaurants and expanded services. Sture’s new refurbishment project is set to finish in 2026.

Driven by successful business development and strong customer demand, the quality fashion discounter Takko Fashion is continuing to invest in growth: the fashion company plans to open up to 300 new stores in Germany, Austria and the Netherlands by 2028, with at least 60 new stores planned for the current financial year.

Primark-owner Associated British Foods plans to move on with the fashion retailer’s store rollout program in Europe as well as the US, despite current tariff uncertainties.

Under the motto “Creating beloved places – social, sustainable & successful”, the 2025 European Shopping Places Summit brought together leading experts in the retail real estate sector from 14 different countries to discuss how to make shopping places more sustainability-oriented, successful, and impactful on a social level, while giving voice to the different markets in Europe.