Learn who we are and how we serve our community
Meet our leaders, trustees and team
Developing the next generation of talent
Covering the latest news and trends in the marketplaces industry
Check out wide-ranging resources that educate and inspire
Learn about the governmental initiatives we support
Connect with other professionals at a local, regional or national event
Find webinars from industry experts on the latest topics and trends
Grow your skills online, in a class or at an event with expert guidance
Access our Member Directory and connect with colleagues
Get recommended matches for new business partners
Find tools to support your education and professional development
Learn about how to join ICSC and the benefits of membership
Stay connected with ICSC and continue to receive membership benefits
Reopening rules confound German retailers
German retailers are confused by the government’s decision to let only smaller stores reopen next week. “We need rules that are fair for all retailers and transparent for companies and customers,” HDE Chief Executive Stefan Genth said. Reuters
German REIT says 30 per cent of tenants missed rent payments in April
Deutsche Konsum REIT-AG said about 70 per cent of its tenants paid rent in April. The tenants unable to pay consisted mostly of large chain stores forced to close by the government to help curb spread of COVID-19. Across
European retail-sales losses likely to total 3.67 billion euros
European retailers are likely to lose €3.67 billion ($4 billion) due to COVID-19 disruptions, according to LearnBonds. Germany is forecast to suffer the most, losing more than €839 million ($913 million) in retail sales. LearnBonds
Pandemic woes push MQ into bankruptcy
Swedish apparel chain MQ, which operates 159 stores in the country, is filing for bankruptcy protection due to COVID-19’s impact on sales. Reuters
Oasis & Warehouse files for administration
UK-based retail conglomerate Oasis and Warehouse Group — which encompasses 92 Oasis, Warehouse and Idle Man stores in the UK — filed for administration. Retail Gazette
Owner puts TM Lewin up for sale
Private equity firm Bain Capital is seeking a buyer for menswear retailer T.M.Lewin, which operates 66 UK stores. COVID-19 has hurt the chain’s sales. Sky News
Office footwear chain up for sale
South African conglomerate Truworths has put British footwear retail chain Office up for sale. Office trades from 130 stores across the UK and Europe. FashionUnited
UK Aldi stores will deliver to vulnerable consumers
Aldi is offering home delivery of online purchases for the first time. The German discount grocery chain’s UK arm will sell parcels containing 22 essential goods on its website for delivery to help vulnerable people and those self-isolating. Retail Gazette
Swedish centre will trade for €28.4 million
The Swedish Competition Authority approved Atrium Ljungberg’s €28.4 million sale of the 100,000-square-metre Farsta Centrum, in Stockholm. The buyer, Stadsrum Fastigheter AB, will take possession in June. Across
Amundi buys first Polish property
Paris-based fund manager Amundi Real Estate acquired its first property in Poland, a mixed-use tower in Warsaw with 10,783 square metres of office and 652 square metres of ground-floor retail. Polish developer Yareal sold the property, called Nowogrodzka Square, for an undisclosed sum. IPE Real Assets
By Brannon Boswell
Executive Editor, Commerce + Communities Today