POLAND The Polish subsidiary of British fashion retailer New Look chain has applied for insolvency. The brand has been present on the Polish market for ten years and had around 19 boutiques in the country.
BULGARIA The Delta Planet mall in Varna has officially been opened.
POLAND New brands and new services are to open in the Klif shopping centre in Gdynia. Some stores will be enlarged, while others are to be relocated within the centre.
POLAND The Decathlon store in the Magnolia Park mall in Wrocław has gained an additional floor and now has a sales area of over 4,000 sqm.
POLAND The Meet & Fit restaurant chain is to open six new branches soon and is currently looking for both new locations and franchisees.
WORLD In the first quarter the H&M group’s net sales increased by 10 pct to app. SEK 51 bln (EUR 4.9 bln), compared to SEK 46.2 bln in the first quarter of the 2018 financial year (starting on December 1st). In local currencies, net sales increased by 4 pct.
POLAND Trei Real Estate, part of the Tengelmann group, has opened Vendo Park in Bytów in northern Poland.
POLAND Ceetrus Polska has been refurbishing the Auchan Gliwice shopping centre. The interiors of the centre should be fully renovated in April. It will include new rest areas and amenities for families with children. The centre will also be given a new visual identity and signage system as part of the renovations.
POLAND An Intersport 2.0 store has been opened in the Galeria Krakowska mall in Krakow.
POLAND MyShoes is debuting in Poland with stores in Warsaw, Katowice and Kielce.
POLAND Five tenants have recently leased space in the building which is now being constructed as an extension of the Morski Retail Park in Gdańsk.
POLAND The Meating Point self-service restaurant chain has leased 450 sqm in the the Moje Miejsce mixed-use project which is being developed by Echo Investment in Warsaw’s Dolny Mokotów district. This will be the second restaurant of the chain in the city.
POLAND Immofinanz, the developer and owner of Tarasy Zamkowe in Lublin, has added it to its Vivo! network of shopping centres. Four malls now operate under this brand in Poland.
POLAND A Lidl discount grocery store with a sales area of 1,400 sqm has been opened at ul. Czerwone Maki 33 in Kraków.
EUROPE One fifth of the sales of the CCC group were online in Q4 2018, according to the company’s preliminary results.
POLAND The Toys ‘R’ Us toy store chain has renewed its lease in the Pasaż Łódzki mall.
POLAND Cosmetics brand Stara Mydlarnia is looking for franchisees.
POLAND An Atut shopping centre is to be developed on ul. Krakowska in Wieliczka (Małopolska) by KG Group, which currently operates four centres under this brand and has others under preparation. The building will have 18,000 sqm of retail space and 30 units.
WORLD Net sales at Inditex rose 3 pct last year to top EUR 26 bln. Revenue from online sales increased by 27 pct to EUR 3.2 bln with online net profit rose by 2 pct to EUR 3.44 bln.
POLAND The Piotr i Paweł delicatessen supermarket has completed the first stage of its restructuring, with the closure and sales of a number of unprofitable outlets.
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