Retail parks in Czechia increased by over 60,000 sq m last year

Last year witnessed the completion of more than 62,000 sq m of shopping space in 17 retail parks – new, renovated or expanded. Their total retail space has thus increased to 1.2 million sq m, and they account for almost a third of the total retail space in the Czech Republic. The Moravian-Silesian Region has the largest amount of such space, while the Olomouc Region leads in terms of area per 1,000 inhabitants. Another almost 90,000 sq m is currently under construction. Investments in retail parks exceeded CZK 2 billion last year, with further transactions expected this year. Celý článek

To date, 13 new brands have arrived in Czechia this year

According to currently available data, 13 new brands have arrived on the Czech retail market in the first six months of this year. Most of them are in the fashion segment (clothes and accessories – seven brands) and culinary concepts (F&B – three brands). The latter are set to dominate the new arrivals this year: at least six F&B brands should come to the country by the end of the year, and other brands already present will open new branches. Celý článek

Last year retail park space recorded its highest growth in five years

Last year, there was an increase of over 65,000 m² in retail park space in the Czech Republic, which now has more than 1,100,000 m² of retail park space overall.¹ This was the biggest growth in five years, but it was also centred on the smallest number of projects. Retail parks now tend to be viewed as the winners of the coronavirus crisis – and their popularity and success has endured. Celý článek

IKEA extending lease at SEGRO Logistics Park Prague

IKEA extended their lease contract at SEGRO Logistics Park Prague in the vicinity of the Václav Havel Airport. It will continue leasing the warehouse space totalling almost 12,500 sq m in the building it uses as a goods pick-up warehouse for its customers. The lease transaction was assisted by Cushman & Wakefield, a leading global real estate services firm. Celý článek

The Board of Directors of Philip Morris ČR a.s. announces Financial Results for the whole year 2020, and proposes profit distribution

The Board of Directors of Philip Morris ČR a.s. in an effort to protect the health of its shareholders, employees and other associates, and also with respect to the fact that any further development of the COVID-19 pandemic and taken measures cannot be predicted with certainty, has decided to hold, instead of the General Meeting in Kutná Hora, shareholders‘ votes on the individual points of the General Meeting per rollam i.e. remotely by ballot. Celý článek

Gartner named Yieldigo a Representative vendor in 2021 Gartner Market Guide

Recently, independent analyst group Gartner Inc. released its annual report Market Guide for Retail Unified Price, Promotion and Markdown Optimization Application s and mentioned Yieldigo among the recommended vendors that support retailers in reaching overall KPIs with smart and cloud based pricing optimization software by leveraging AI, machine learning and big data. Celý článek

Current webinars ECR

This month we have two webinars for you to share with your members. We would really appreciate your support in sharing these events directly with your members and on social media. It is free to attend both webinars. Celý článek

Cardbox Packaging awarded at WorldStar Packaging Award 2021

Cardbox Packaging is honored to announce that the company has received an official pronouncement of winning the WorldStar Packaging Award 2021 in the Food category. The awarded packaging is Cuckoo Ice Cream cup which attracts mostly by its material innovations based on environment-friendly packaging solutions. Celý článek

Retailers from eighteen countries win PLMA International “Salute to Excellence” Awards for own brands innovation

Forty-three retailers were honoured as winners of PLMA’s 2020 International “Salute to Excellence” Awards, in recognition of innovation and quality of their own-brand food and non-food products. According to the Private Label Manufacturers Association, nearly 550 products introduced in the past year were submitted for consideration in the world’s largest competition dedicated exclusively to own brands. Celý článek

CEE Investment Volumes remain strong in Q1

The preliminary investment volumes for the CEE region for Q1 2020 have reached ca. €3.7 billion, despite the onset of Covid-19 in CEE at the beginning of March. This volume was significantly boosted by the ca. €1.3 billion acquisition of the Residomo portfolio in Czech Republic by Heimstaden and as such represents a y-o-y growth of 68% over Q1 2019 (ca. €2.2 billion) and 28% over Q1 2018 (ca. €2.9 billion). Celý článek


HANNOVER MESSE cannot take place this year due to the increasingly critical situation surrounding the Covid-19 pandemic. The Hannover region has issued a decree that prohibits the staging of the world’s leading tradeshow for industrial technology. From now until the next HANNOVER MESSE in April 2021, a digital information and networking offer will provide exhibitors and visitors with the opportunity for economic policy orientation and technological exchange. Celý článek

Circular economy webinar series

Given the work being done as part of the EU Circular Economy Package, the global resource & waste management crisis, and the deep transformation of consumer expectations and behaviours, the Retail and Consumer Goods sector needs to rapidly reinvent the way consumer products are sold. Celý článek

Czech investors changing the ownership of Forum Poprad in Slovakia

Multi Corporation and GEMO HOLDING have sold the Forum Poprad shopping centre in Poprad, Slovakia. The asset has been acquired by the real estate fund of ZFP Investments and MAT Corporation, part of the DBK group. The sellers have been advised by the real estate services provider Cushman & Wakefield. The transaction closed on 7th December 2018. Celý článek

Shortage of prime investment product causing a decrease in overall transaction volume in CEE

In the first three quarters of 2018 the total investment volume in six CEE countries (Poland, the Czech Republic, Slovakia, Hungary, Romania and Russia) reached EUR 8.9bn. The CEE investment market is still very attractive to institutional investors, a shortage of prime product being the biggest challenge. Investment activity in Poland exceeded the value recorded for the whole of 2017 and is expected to reach a record high of EUR 6bn by the year’s end. Celý článek

European packaging industry under one roof

When FachPack, the European trade fair for packaging, processing and technology, opens its doors again for three days on 25 September 2018, 1,500 exhibitors will be waiting to present their products and innovations to industry professionals in the exhibition halls in Nuremberg. Celý článek

Sainsbury’s and Asda agree merger

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Focus Estate Fund acquired Most Retail Park

Focus Estate Fund investment fund acquired Most Retail Park located in Most (Czech Republic) with 6,471 sq m of retail space. The seller was TK Development.  This is Focus Estate’s third investment in European commercial real estate. The investment fund previously bought Ostrava Retail Park (Ostrava, Czech Republic) and Galeria Sandomierz (Sandomierz, Poland). The lease of Most Retail Park is secured by Cushman & Wakefield. Celý článek

NAY Leases 27,600 Square Metres at Prologis Park Bratislava

Prologis, Inc. announced that NAY, the largest specialized retailer of electronics in the Slovak Republic, has signed a new lease agreement totaling 7,800 square metres at Prologis Park Bratislava. In order to operate from one facility, NAY will relocate to Building 4 from Building 6, increasing the total leased area to 27,600 square metres of logistics and office space. Celý článek

UPS and SF holding to establish joint venture

UPS and SF Holding, the parent company of SF Express, today announced plans to establish a joint venture and collaborate to develop and provide international delivery services initially from China to the US, with expansion plans for other destinations. Celý článek

New Retail Developments are Thin on the Ground

Colliers International today released its Q3 retail market report for the Czech Republic, which confirms that only two shopping centres will be completed in 2016 due to the slow-down of construction activity in response to a perceived market saturation in current economic environment. The report also states that there are signs of new entrant demand which do not match suitable space availability. Celý článek

MAKRO presents „Own Business Day“

MAKRO is starting a tradition—a tradition of celebrating the people who run their own businesses day in and day out—the individuals who style our hair just right, brew our favourite morning coffee, and make us feel at home in our communities. Celý článek

Retail Investment Dominates H1 2016

Colliers International today released its Q2 2016 Market Overview for the Czech Republic. The report, which covers the investment, office, and industrial markets in Prague and throughout the Czech Republic, provides both summaries and analyses of developments in the last quarter, and also looks ahead to the future. Celý článek

IFA 2016

The  trade show for consumer electronics and home appliances, IFA – it takes place from 2 to 7 September 2016 at the Berlin Exhibition Grounds (ExpoCenter City) – is again fully booked, and in 2016 again sees encouraging growth in both visitor numbers and the exhibition area. With the greatest variety of products to date – from TV, audio and smart home, to smartphones, wearables, 3D printing, automotive, robotics, telecommunications and IT, from electrical wholesale to small appliances – the various trends covered by IFA offer an exciting range of innovations, services and applications.
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Another first for Amazon

In its ongoing quest to speed up delivery, the mother of all online retailers has unveiled its first „Prime Air“ branded delivery plane, a Boeing 767-300 that has been converted into a freighter, named Amazon One. Celý článek

The program of Brand Management 2016 published

Balanced representation of industries and companies in different stages of development promises a very interesting discussion about managing of brands. Prague 21st July, 2016:  Brand Management 2016 will take place on September21 and will target on how to create and further develop an irresistible brand. In addition to the international star- the keynote speaker Ken Segall, who closely collaborated with Steve Jobs, there will be a number of local managers and experts in the program. Celý článek

Accolade Enlarges its Industrial Zone in Lublin

The Czech real estate group Accolade is investing in expanding the industrial zone in Lublin, Poland, where as much as 73,500 square metres of industrial area will gradually become available. The first phase of building the industrial zone is almost completed. Tenants operating in the manufacturing and logistics industries have leased almost 20,000 square metres of newly built prime industrial area. The Polish mBank has committed to provide a credit facility of up to EUR 28 million. Celý článek

IFA 2016: IFA expands into Station Berlin

For the first time ever, OEMs and manufacturers will be able to present their portfolios of components, products, and latest technologies outside the ExpoCenter City main exhibition grounds – at IFA Global Markets at Station Berlin. Celý článek

Tesco to open major distribution hub in Poland

Tesco is to open a major new distribution hub in Poland, ending speculation the grocer was gearing up to abandon the Eastern European market, British newspaper the Telegraph said.

The new center will be located in Poznań and will be Tesco’s main warehouse for the region, servicing 140 of its stores from September. Celý článek

Interpoma 2016

South Tyrol: the abundant blossoming is an excellent sign for Interpoma 2016

The mild climate favoured abundant blossoming down in the valley and also in the apple orchards higher up. “All the right conditions are there for an optimum setting” says agronomist Wolfgang Drahorad. Celý článek

Wal-Mart To Build Eight New Stores In Dongguan

Wal-Mart recently signed a strategic cooperation memorandum with the southern Chinese municipal government of Dongguan to build eight new stores and a logistics distribution center that will cover the entire South China region in the city. Celý článek

Wearable technology is coming

Wearable technology will significantly impact the supermarket supply-chain industry in 2016, as products such as smart watches and head-mounted displays become more advanced and widespread. Celý článek

German dairy giant Theo Muller Group leaves US

PepsiCo Inc. and German dairy giant Theo Muller Group ended production Thursday at a western New York yogurt plant that opened with much fanfare and state money in 2013, saying it didn’t meet expectations in a competitive and dynamic marketplace. Celý článek

IFA 2016

The countdown has started for the first Consumer Electronics China (CE China). The show will open its doors from 20 to 22 April 2016 at the Shenzhen Convention and Exhibition Center and will be a premier opportunity for both Chinese and international brands to showcase their latest products – not just to consumers and retailers in China, but across Asia. Celý článek

How to Create the Right Retail Value Proposition?

Interview with Retail Summit 2016 key note Prof. Kyle B. Murray.

In your new book, you focus on how the leading retailers create value for their customers. We are delighted that you’ll share details on that within Retail Summit 2016. Still, can you mention the core findings already at this point?

Celý článek

Lidl grows in Croatia

The German discount chain has introduced a new store concept in Croatia and is continuing to expand its retail network in the country.  Celý článek

Macfrut Forum, a preview focused on technology and retail

On 22 September, a preview of the international exhibition of the fruit and vegetable sector will be held at Cesena Fiera: retailers and operators will share their experiences in the 3 sessions of the meeting. The 2015 edition of Macfrut (Rimini Fiera, 23-25 September), scheduled to begin in less than a month, is getting ready to offer visitors from all over the world a series of programmed events dedicated to the fruit and vegetable supply chain, Celý článek

Trade fair visits thanks to target group-specific themed days and hall areas devoted to key topics

When NUFAM takes place between 24 and 27 September 2015, Karlsruhe Trade Fair Centre will be the meeting point for the commercial vehicle sector. On over 60,000 square metres, more than 300 exhibitors will be presenting the entire spectrum of products and services in the sector. Having thematic areas of focus in the trade fair halls helps visitors to find their way around and to get the most out of their visit to the trade fair. Celý článek

Lidl trials Scottish loyalty cards

The German discount powerhouse started testing a loyalty scheme in Scotland and has sent out 4m “smarter shopping” cards by direct mail, through newspapers and via its 90 Scottish stores. Celý článek

Shoprite to open store in Tete, Mozambique

Africa’s largest food retailer, Shoprite, is opening a new store in the Town of Tete, Mozambique later this year. Property development company, Terrace Africa, confirmed Shoprite as their anchor tenant and indicated that the new shopping centre will also feature many other well-known retailers. Celý článek

Discounter supermarkets prosper in Italy

The number of discount supermarkets in Italy has grown by over 60 % in the past decade, rising from 1,746 outlets to 4,581, which corresponds to a 11.4 % of total grocery sales. Market leaders are Eurospin, MD-LD Discount and Lidl.

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Every year in February the international organic products movement gathers at BIOFACH, next time it will be from 10 to 13 February 2016.

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Interpoma 2016

From 24 to 26 November 2016 Bolzano’s exhibition centre will host the next Interpoma event, the biennial trade fair for the cultivation, storage and marketing of apples. Celý článek