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Retail businesses are deserting city centres

03.03.2025 - Delano newsletter

In the press

While retail floor space continues to grow in Luxembourg, driven by the food sector, retail is losing ground in city centres to services and restaurants.

According to the Retail Report 2025, an initiative launched in 2016 by the ministry of the economy, the Chamber of Commerce and the Luxembourg Confederation, the retail sector in Luxembourg is doing well overall: at the end of the third quarter of 2024, the total retail floor space in Luxembourg amounted to 1.1m square metres. This represents growth of 5.3% since 2019.

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