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Germany’s Brick-and-Mortar Retail Set To Drop Below 300,000 Stores

Retail leaders seek policy relief in Berlin over weak demand, rising costs.

Overview

  • HDE projects a net decline to 296,600 shops in 2026, with the store count dipping below 300,000 this year for the first time since reunification.
  • Roughly 70,000 outlets have vanished since 2015, including steep losses during the pandemic years 2021 and 2022.
  • Retail insolvencies hit 2,571 in 2025, a ten-year high reported by Allianz Trade, with cases spanning Görtz, Gerry Weber and Wormland, and Eterna set to cease operations in the summer.
  • Price-adjusted online sales grew 3.5% in 2025 while in-store revenues stagnated, intensifying pressure on physical retailers.
  • Only 14% of companies rate their situation as good and half expect falling revenues in 2026, as industry figures warn of visible inner-city vacancies and convene at the Handelsimmobilienkongress in Berlin with government participation.