China’s shoppers head for suburban outlets, a bright spot in retail property
Chinese shoppers are increasingly favoring suburban outlet stores over urban malls, leading to significant investment in these retail spaces as urban shopping faces high vacancy rates.
Primaprix outlet supermarkets boost their sales to 350 million and aim for 300 stores
Primaprix, the supermarket chain offering low prices on major consumer brands, has nearly quadrupled its revenue over the past five years, reaching a record turnover of 347 million euros by the end of 2024.