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Jan Niclas Brandt will become the new CEO of MediaMarkt Austria and MediaMarkt Switzerland starting April 1, 2024. The native German with Norwegian roots is taking on this dual role as part of a strategic realignment of the management levels in both countries. The aim is to grow closer together operationally and to benefit from complementary skills. Cooperation with the parent company will also be intensified.

The ailing British clothing supplier Superdry Plc is seeking additional funding. Early this week, the company confirmed recent media reports about corresponding negotiations with its lender Hilco.

MEC is further expanding its position as a retail real estate specialist and national market leader for retail parks: As of March 1st, 2024, it has taken over the operation of EKZ Abensberg.

“Investors and Retailers often want too much too soon.” Christian Alexander Kuntze, the founder of NEXXT IN RETAIL, critically examines the expansion strategies of large and small companies. He explains the biggest mistakes made during expansion and how start-up businesses can avoid them. His most important advice before any expansion is: Know your DNA!

MK Illumination, the global leader in festive decorative lighting, headquartered in Innsbruck, Austria, has announced the successful acquisition of 100% of the capital of AM Experience Group. This strategic move, finalized on January 30, represents a significant achievement for MK Illumination, positioning the company for enhanced diversification and business growth in the Iberian region.

Spanish clothing manufacturer Mango was founded 40 years ago in Barcelona. This year, the company wants to push ahead with its global expansion – despite the economic uncertainties that have severely affected other players in the clothing industry.

For a major international player like Kaufland, maximum customer orientation means continuously increasing the efficiency of the shopping experience for customers who know what they want and providing support to customers who are undecided – and creating physical and digital spaces in which to meet and exchange ideas. Angelus Bernreuther, Head of IR at Kaufland Stiftung & Co. KG, explains how Kaufland uses technology to personalize its stores and individually address customers.

The Compass Group has been won as the operator of the Foodhall in the new FOUR Frankfurt city quarter. Food Affairs GmbH, a company of Compass Group Deutschland GmbH, intends to curate the approximately 3,000 sq m space according to international standards and develop it into one of Frankfurt’s top food addresses.

The construction of Designer Outlet Kraków is at an advanced stage, with the building reaching the open shell phase. Located in Kraków’s city center at one of the most popular arteries in the city, Designer Outlet Kraków will benefit from a catchment area of almost 5 million inhabitants and a great tourism potential. The opening is planned for spring 2025.