By Chris Igwe Over the past few years, there was a lot that has challenged the retail real estate sector at multiple levels that we do not need to enumerate here. We really did not need the coronavirus to further … Continue reading
By Jörg Bitzer One of the challenges that the current Corona crisis enforces upon us is the fact that it is yet totally unpredictable. The only “knowledge“ we do have so far, is that China`s hotspot Wuhan, having been quarantined … Continue reading
In addition to the information released on 16 March, the group has according to authorities temporarily also closed all its stores in Switzerland, Greece, Slovakia, Lithuania, Peru, Ukraine, the Philippines, Malaysia and Cyprus. The H&M group’s customers can still shop … Continue reading
“We’ve been following the activities of of the Polish government in the face of the epidemic threat with appreciation and attention. The safety and health of all Polish citizens is a priority for all of us. We are convinced that … Continue reading
“The business environment in the retail sector has changed very rapidly due to the effects of the coronavirus, and we estimate that the current situation will have a significant impact on our sales in the short term. In this challenging … Continue reading
Europe’s shopping streets are currently deserted. Besides Italy, France, Austria, and some other countries, even Germany has now decreed extensive store closures. This measure is supposed to help contain the coronavirus. Supermarkets, beverage shops, pharmacies, health care supply stores, drug … Continue reading
As the Covid-19 pandemic extends into Europe, a number of European governments have imposed restrictions or closure of retail premises. On 12 March 12, Eurocommercial published an update on the situation in its Italian shopping centres. Since then, further restrictions … Continue reading
