Retail Archives

Kering And Ardian Complete Investment Transaction Of Three Parisian Luxury Properties

Kering and Ardian announced the closing of their investment transaction regarding a portfolio of three prime real estate assets in Paris, in line with the terms announced on January 15, 2025.

Continuing Success For Kaufland In Romania With The Opening Of Its 190th Store

Fuelled by sustainable measures, Kaufland continues to expand its presence in Romania by reaching 190 stores nationwide after the opening of its two most recent locations in Moșnița Noua and Baia Mare.

Place Of The Week: Pier 14, Ahlbeck, Germany

PIER 14 stands for fashion, lifestyle and culinary delights on the Baltic coast. The concept store brand offers guests an experience that goes far beyond ordinary shopping and dining. Previously, their concept store in Zinnowitz was named Store of the Year in 2015 and 2018 (Fashion category) by the German Retail Association. Now, the brand has won its Store of the Year Award for the third time, awarding the “Strandterasse” (beach terrace) in Ahlbeck, Germany in the concept store category.

ALEXA In Berlin Benefits From Rising International Visitor Numbers

The 2025 travel season is picking up speed and the ALEXA at Berlin’s Alexanderplatz is already seeing a significant increase in international visitors. The shopping center, which is owned by Union Investment and managed by Sonae Sierra is benefiting greatly from the ongoing recovery in Berlin tourism after the pandemic. With targeted concepts for national and international guests, ALEXA is consolidating its position as a premium destination at Alexanderplatz.

Nordic Real Estate Forum 2025 Explores Technology-Driven Sustainability Solutions

The Nordic Real Estate Forum 2025, held March 20 in Tallinn under the theme “New Normal in Real Estate,” examined the critical intersection of technology and sustainability in commercial real estate. Key discussions revolved around geopolitical uncertainties, infl ation, and shifting investment strategies, but one theme stood out across panels: technology’s role in enabling ESG compliance and operational efficiency.

Decathlon Takes Over GALERIA Spaces At Several Locations

The multisports specialist Decathlon and the department store chain GALERIA announced a strategic cooperation that aims to change the retail sector in Germany in the long term. As part of this cooperation, Decathlon is opening new stores at several GALERIA locations throughout Germany.

US Investment Firm Takes Over Hunkemöller

US investment company Redwood acquires Dutch lingerie manufacturer Hunkemöller, intending to significantly accelerate the Group’s transformation.

Austria’s Westfield Shopping City Süd Debuted Two Exclusive Events For Visitors

Austria’s largest shopping center kicked off the spring season with two special events. For the first time, Westfield Shopping City Süd teamed up with STYLE UP YOUR LIFE! for the Westfield Club Shopping Night, where selected stores offered extended opening hours exclusively for Westfield Club members. Immediately afterwards, all fashion enthusiasts had the opportunity to discover the latest trends of the season at the Colorful Spring Days.

FOCUS ESTATE FUND EXPANDS POLISH RETAIL PORTFOLIO BY ACQUIRING THREE SHOPPING CENTERS

In the first quarter of 2025, Focus Estate Fund successfully acquired three prominent shopping centers in Poland: Sosnowiec Plaza, Ruda Śląska Plaza, and Rybnik Plaza, which together cover a total Gross Leasable Area (GLA) of approximately 46,000 sq m.

Action Plans To Step Up Expansion In 2025

Following non-food discounter Action’s positive results in net sales growth and successful expansion strategy last year, the retailer is aiming for further market entries in 2025.

UNIQLO Continues UK Expansion With A New Flagship Store At Bullring

Hammerson secures UNIQLO with first-ever Midlands store at Bullring shopping center in Birmingham, as the retailer presses on with its regional expansion.

Sausalitos Restaurant Chain Declares Bankruptcy

German restaurant chain Sausalitos, known for its great American-Mexican cuisine, has filed for insolvency.

Shopping Centers In Europe – Rapid Steps Towards Sustainability

Over the past twelve months, there has been significant progress toward sustainability in the European shopping center landscape. According to the latest RegioData analysis, a clear trend has emerged: an increase in environmental certifications and a decline in non-certified buildings. This not only highlights the transformation in the construction industry but also underscores the growing importance of ecological standards.

The Seam — Nurturing The Culture Of Clothing Care & Repair

Established in 2020, The Seam revolutionizes sustainable fashion by making specialist care and repair services accessible at scale, connecting customers with local makers and businesses to repair damaged clothing.

The Opening Date Of Hamburg’s Most Awaited Shopping And Lifestyle Destination Is Rapidly Approaching

Hamburg is preparing for its new shopping highlight with the opening date of the Westfield Hamburg-Überseequartier on April 8 being just around the corner. In combination with a wide range of gastronomy, entertainment and cultural offerings, the official opening of the center will establish a new shopping and lifestyle destination that is unique in northern Germany and offers exceptional experiences for both the local community and all visitors.

NEW AGE OF INNOVATION DRIVES EUROPEAN OUTLET CENTRES

Retail outlet centres have seen a significant leap in retail and leisure brand growth in the past years with general sector growth set to continue, according to the Ken Gunn European Outlet Industry Review which ranks Europe’s top performing outlet centres and brands as well as the most improved.

Redevco Acquires Indupark-Center Retail Park In Germany

Redevco has expanded the portfolio of the “REDOS Einzelhandel Deutschland III” fund with the acquisition of the Indupark-Center in Dortmund, Germany.

Kaufland Opens Hypermarket At XOPark In Bulgaria

Kaufland Bulgaria opened its first hypermarket within a retail park at XOPark in Sofia.

IKEA To Open Oxford Street Store On May 1st

IKEA’s Oxford Street store is opening on May 1st, as the extensive renovation project across all seven floors of the iconic Grade II listed building has concluded.

Fashion Retailer Forever 21 Slides Into Bankruptcy

US fashion retailer Forever 21’s operating company, F21 OpCo, has filed for bankruptcy for the second time in six years, citing weak footfall at physical locations and harsh online competition from fast fashion retailers.

Inditex Reports Record-Breaking Sales For 2024

Inditex reports a sales growth of 7.5% for 2024, reaching 38.6 billion euros, which shows a very satisfactory development both in stores and online.

Puma Plans Cost-Reduction Program Amid Expected Profit Decline

Expecting a sharp fall in profits in the current year, Puma is planning to close unprofitable retail stores, affecting 500 jobs worldwide, as part of its cost-reduction program, shared the company after the sportswear group gave bleak forecasts for 2025 and the first quarter.

Westfield Hamburg-Überseequartier Announces Further Partners In The Premium Cluster With Marc Cain, Hackett and Aesop

Westfield Hamburg-Überseequartier continues to set standards in the retail sector by combining a differentiated selection of flagship stores from major international and national brands with more local, individual concepts. In combination with a wide range of food&beverage, entertainment and cultural offerings, this will create a new shopping and lifestyle destination that is unique in northern Germany and offers exceptional experiences for both the local community and all visitors.

ARKET To Open First Store In Ireland

Nordic fashion and lifestyle brand ARKET continues to expand its presence in Europe with the opening of a flagship store in Dublin.

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