Stockmann plc has decided to file for corporate restructuring After the first week of March, the coronavirus (COVID-19) epidemic in Europe has caused significant changes in the operating environment of Stockmann Group, with customer volumes decreasing suddenly. Despite continued strong … Continue reading
By Denis Cupic You may ask yourself which business entity is the most endangered by the corona virus. If you are not working in the retail or a retail real estate business, even though most of you who read this … Continue reading
By John Dee The speed with which the spread of the coronavirus has brought a near total shutdown to all aspects of life has been nothing short of breathtaking. Streets, arenas, stores and yes, shopping centers now stand quiet as … Continue reading
The German labor minister had deemed the behavior to be not responsible and pointed out that the firm had brought in strong profits in recent years, Reuters reported. Adidas said it would require credit despite having halted share buybacks, staff reducing their … Continue reading
Sponda is extending its support to ensure they are not forced out of business during this unprecedented time. This follows Parliament’s decision to close these businesses until 31 May 2020. Last week tenants in need were immediately offered interest free … Continue reading
By Peter Tonstad No one has a crystal ball and can predict all the ways in which the Covid-19 pandemic will impact the retail or shopping center industries, or how long it will be before we are looking at the … Continue reading
By Carmen Trepat In the Chinese language, the word “crisis” is made up of two characters, one represents “danger” and the other “opportunity”. Danger versus opportunity. This is what we are all going through, fear and uncertainty. We are looking … Continue reading
