Retail Archives - Page 11 of 39

PIXEVIA — Automated Retail Management

PIXEVIA is a Lithuanian company, known for its AI-based smart retail solutions that includes its most renowned autonomous store concept.

Primark Enters Hungary With It´s First Store Opening In Budapest´s Arena Mall

Primark is opening its first store in the Hungarian capital, Budapest, thus securing its 17th market, and marking a significant milestone in the retailer’s ambitious expansion plans across the CEE region. The first Primark store will be located in one of the city’s largest shopping centers, Arena Mall, and is to open on May 28, 2024.

The German Trade Association Is Supporting An Overhaul Of EU Import Taxes Overly Favouring Retailers Such As Shein and Temu

The trade association argues that the exemption supports a flood of cheap goods on their way to Europe, and criticizes the fact that many goods cannot be adequately checked by the customs authorities for compliance with European standards.

Klépierre To Buy RomaEst As Part Of Its European Expansion Plan

Shopping center operator Klépierre, whose tenants include Zara and H&M, is buying Italy’s RomaEst as part of its European expansion strategy.

ZeroQs – Take What You Need

Polish retail startup ZeroQs implements smart-scan on customers´ shopping carts to make the payment process much faster.

Time Out Market Lisbon Celebrates Its 10th Anniversary As The Group Prepares To Open Its 10th Market Later This Year

Ten years ago almost on the day, Time Out Market Lisbon opened its doors to the public as the world’s first editorially-curated food and cultural market. It was the culmination of an idea from Time Out Lisbon’s editors to bring their ‘best of the city’ ethos to life and together under one roof: a curated mix of the best chefs, restaurateurs, drinks and cultural experiences. To date, Time Out Market Lisbon — a highlight of the first ACROSS Study Tour in 2023 — has welcomed over 35 million guests, making it one of Portugal’s most popular destinations and sparking a global foodie phenomenon with currently eight Time Out Markets around the world spread across four continents.

Esprit Companies File For Insolvency

After the company´s insolvency in Switzerland and Belgium in the past two months, Esprit Europe GmbH and six other German companies of the fashion group are now filing for insolvency under self-administration in Düsseldorf.

mercio – Retail Analytics That Get Retailers Ahead

Mercio has developed an innovative SaaS (Software as a Service) platform that helps brick-and-mortar retailers to calculate the best prices.

European Luxury Retail Markets Remain Resilient

The European luxury markets remain resilient, bolstered not only by high-wealth luxury shoppers but also the return of high-spending tourists to Europe, reveals the 2024 European Luxury Retail Report by Cushman & Wakefield.

With One Billion Euros In Debt, The Signa Retail GmbH Is Also Bankrupt

On Tuesday, reorganization proceedings without self-administration were opened for the assets of Signa Retail GmbH, an intermediate holding company, at the Commercial Court of Vienna.

Consumer sentiment on a good path to recovery

Consumer sentiment continued its positive trend of the previous months in May and improved further. This is according to the latest consumer barometer published by the German Trade Association (HDE).

Germany´s Stationary Shoe Retail Market Is Growing

The subdued consumer sentiment is also evident in the footwear market, where the gap between private consumer spending and spending on shoes is widening as consumer prices rise. In 2023, total sales of shoes reached a market volume of 9.6 billion euros, which corresponds to growth of 3.8% in the previous year. These and other findings were published in the new „Branchenbericht Schuhe 2024“ (“Shoes 2024 Industry Report”) by IFH Köln in collaboration with BBE Handelsberatung.

Suit Direct Opens New Flagship Store At Westfield Stratford City As Part Of Its Expansion Strategy

Menswear fashion retailer Suit Direct has signed for a new flagship store at Westfield Stratford City as part of its national expansion plans in England.

Lidl Sets Sights On Hundreds Of New Stores in Great Britain

Lidl GB has announced plans to open hundreds of new stores across the country, creating thousands of new jobs. This follows a year of significant investment in its infrastructure to further strengthen operations, during which Lidl opened its largest global warehouse in Luton.

SportScheck Takeover By Cisalfa On Course

The takeover of the insolvent SIGNA retailer SportScheck by the Italian company Cisalfa has been given the green light.

Skechers expands in Belgium and opens its first store in Brussels

The first concept store of Skechers, The Comfort Technology Company®, is located on Brussels most famous shopping street Rue Neuve.

LYST Index: Fashion´s hottest brands and products Q1/2024

To make The Lyst Index, a brand must deliver on attention and emotion.

AKEMI – Rethinking Light brings sunlight directly into interiors

The aim of the young Austrian start-up is to create a completely new, global standard for indoor lighting. The basis for this is the world’s first 3D printing process with light guides, which took two years to develop.

16 Galeria Department Stores To Close Until The End Of August

Galeria Karstadt Kaufhof has published a list of stores that are to be closed as part of the company’s third insolvency. The list includes 16 locations, three of which are in Berlin alone.

Europe selection of the coolest stores worldwide

The selection shows ten exciting store implementations in Europe that stand out due to their choice of materials and colors or their unique concept.

PANGAIA to open first standalone store in the UK

The material science company PANGAIA will open its first flagship store in London this summer in a prime location at 57 Carnaby Street in Soho.

Sneaker Brand VEJA opens first Store in Great Britain

London is now the sixth store of the French sneaker brand alongside Paris, New York, Bordeaux, Berlin and Madrid.

US Federal Trade Commission Sues To Stop Merger Of Coach And Michael Kors

The US Federal Trade Commission sued to stop Tapestry Inc.’s $8.5 billion takeover of rival Capri Holdings Ltd. The merger could lead to higher prices, especially for handbags and accessories, and consequently harm customers, argued the FTC.

air up- reusable drinking system that adds flavor to water through fragrance – Game Changer Award Winner 2024

A start-up success story that started in Munich with the world’s first fragrance-based drinking system and is already active in over 14 countries – including the USA.

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