Retail

Sovereign Centros has announced that schuh Kids, the kidswear-focused branch of leading footwear retailer schuh, has signed at Merry Hill, one of the UK’s top 10 retail and leisure destinations.

UŠĆE Shopping Center, jointly owned by MPC Properties and Atterbury Europe, has announced its ambitious redevelopment project to elevate the shopping experience. The project, set to revamp the center’s infrastructure and offerings, promises to blend exciting new features with modern amenities, solidifying its position as a hub for leisure, socializing, and shopping.

Last year, Prada recorded a 17 percent increase in sales to 4.2 billion euros compared to the previous year.

Amazon reports a profit for its retail division in Europe for the first time. The Group was helped by high tax refunds. However, the overall result on the continent has declined.

To meet the needs of customers in luxury resorts, more and more luxury brands are turning to temporary pop-up boutiques.

Reinventing the high street: With the redevelopment projects of two iconic assets in Paris, one on Boulevard Haussmann and one on Rue de Rivoli, Redevco not only shows how historic buildings can be transformed into innovative multi-functional destinations, but, in the case of Boulevard Haussmann also how space can be showcased even during a redevelopment.

Kaufland in Hallstadt not only secured the future of a shopping location and around 80 jobs with the store opening in Emil-Kemmer-Straße, but also completed the company´s 100th Real integration by converting the former Real store into Kaufland within one week.

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 first boutique of luxury hat manufacturer Borsalino is located in the Burlington Arcade in London.

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.

As part of the insolvency proceedings of the partially Signa-owned Mariahilfer Straße 10-18 Immobilien GmbH, the property owned by the project company at Mariahilfer Straße 10-18, 1070 Vienna, is now being sold by the insolvency administrator, lawyer Clemens Richter.

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.

The labor market situation in the European retail sector has continued to worsen. Meanwhile, companies are under increasing financial pressure, consumer sentiment is declining, and online retail is gaining strength, explains Manuela Lindlbauer, Owner of Lindlpower Personalmanagement. A perfectly legitimate question remains: Why would anyone consider a job in retail today? Urgent solutions are needed when it comes to HR policy in retail, or are AI and robotics the answer?

The fast-fashion group plans to reopen around 50 stores in Ukraine in the coming months.

“We are firmly committed to continuously raising the level of our malls,” says Christoph Andexlinger. The SES CEO explains why reliability and the continuous development of quality and offers are the best paths forward and why the industry urgently needs to work together to present shopping centers as places that provide attractive working conditions and benefits, which, in fact, they are.

In general, European consumers have not changed their purchasing habits significantly in the past year, but have remained the same throughout the year.

MK Illumination has unveiled a spectacular display of Wild Flower Balls at Lagunen, Norway’s largest shopping center. The project, realized in 2023, marks a significant milestone in the longstanding partnership between MK Illumination and Lagunen.

In October 2023, it was announced that Onygo’s business activities would be discontinued.

Great performance at EuroCis 2024: Presentation of the reta Awards in five categories and glamorous presentation of the Science Award to three prize winners.

The perfumery chain Douglas wants to return to the stock market and use the proceeds primarily to reduce its mountain of debt.

One of Germany’s largest fashion retailers, Peek & Cloppenburg B.V. & Co. KG, Düsseldorf (P&C), is
planning to open a new store at the URW-owned Paunsdorf Center in Leipzig.

MK Illumination is unveiling its latest offerings for the upcoming summer season, promising to infuse shopping centers and public spaces with vibrant energy and captivating designs.

Lagardère Travel Retail, part of the Lagardère Group, is a leading global pioneer in travel retail.

Bodo Kipper, Head of Retail and Marketplace at Otto Group, has left the company as of the end of the 2023 financial year.

The opening of the brand’s first store took place just in time for Paris Fashion Week.