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THE LATEST PLACEMAKING NEWS

credit: Action

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.

Development of environmental certifications in the shopping center sector from 2024 to 2025, /// credit: RegioData Research

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.

credit: rock&stars digital, URW

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.

credit: Ken Gunn Consulting

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.

Fuzja mixed-use development in Łódź, Poland. /// credit: ACROSS, Archicom

Place Of The Week: Fuzja, Łódź, Poland

Designed by Medusa Group and developed by Echo Investment Group and Archicom, the mixed-use development Fuzja (Fusion) in Łódź, Poland, is an outstanding project that has most recently won the prestigious MIPIM Award for Best Urban Regeneration Project, as well as its Special Jury Award for the revitalization of a former factory area.

IKEA's Oxford Street store in London, UK. /// credit: IKEA

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.

credit: Forever 21

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.

credit: MEC, ACROSS

Retail PIN: “Fail Beautifully Or Rethink Radically?

Retail real estate is facing far-reaching changes. Which concepts will make locations future-proof? Which strategies prevent vacancies? And how can a smart tenant mix ensure long-term success? The exciting Retail PIN forum at this year’s Retail Real Estate Congress 2025 (HIK) in Berlin will provide answers to all these questions.

credit: Puma

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.

credit: SmartGifty

Gift cards and data: How retailers can use analytics to drive sales

Gift cards offer more than just convenience for customers—they are a treasure trove of data for retailers. By analyzing gift card purchases and redemptions, retailers can gain valuable insights into customer behavior, preferences, and purchasing patterns, which can then be used to optimize sales strategies and drive business growth.

Westfield Hamburg-Überseequartier, Germany. /// credit: URW, rock&stars digital

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.

credit: Arket

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.

Pařížská Street aerial view, Prague. /// credit: ACROSS, Cushman&Wakefield

Place Of The Week: Pařížská Street, Prague

Traversing the Jewish Town of Prague, and connecting Old Town Square with Čechův Bridge, shopping destination Pařížská Street is lined with stately townhouses whose façades combine historicist features with the decorative detail of Art Nouveau. The high street just recently welcomed five new luxury stores, and 2025 is expected to be a record year in this regard.

Samir Mane, President at BALFIN Group (right), with HyperActive at Pristina Mall, Kosovo. /// credit: BALFIN Group

BALFIN Group Acquires 40% Stake In Entertainment Hub HyperActive In Kosovo

BALFIN Group is diving into the world of family entertainment with its latest venture, “HyperActive,” a massive gaming and entertainment hub in Kosovo. As part of its expansion strategy, the Group has acquired a 40% stake in the company, setting the stage for significant growth in the region and across Europe.

Exterior design of the Ruby Hotel in Copenhagen. /// credit: ECE

ECE Introduces First Ruby Hotel To Copenhagen And Signs Long-Term Lease Agreement

ECE Work & Live is developing a “Ruby” brand hotel in Copenhagen for the first time. This is also the Ruby Group’s first location in Denmark. The announcement follows the recent signing of a long-term lease agreement between ECE as project developer and Ruby Group as operator for the planned hotel building in the Frederiksberg district in the heart of Copenhagen.

credit: ACROSS, Storefront

Storefront — The World’s Largest Marketplace For Short-Term Retail Spaces

Pop-up shops are more than just a trend; they are a valuable business opportunity and here to stay. Without having to commit to a long-term commercial lease, pop-up stores promote brands, concepts, services or products in a short period of time. Building on this idea, Storefront, a sharing-economy company, provides short-term retail spaces for rent to companies through an online platform, used specifically as pop-up retail locations.

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