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Retail

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.

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?

“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.