DistantNews
Support us
๐Ÿ‡ฆ๐Ÿ‡น Austria /Economy & Trade

Humanic CEO: More Sunday Openings Needed for Retail Success

From Der Standard · () German

Translated from German, summarized and contextualized by DistantNews.

At a glance

Interview Sources not specified Context piece
  • Humanic CEO Armin Weger believes that allowing businesses to open on three to four Sundays per year would significantly help the retail sector.
  • Weger, who has experienced and survived several company acquisitions, outlines a three-year strategy focusing on stability, optimization, and growth for Leder & Schuh, the parent company of Humanic.
  • He reflects on past experiences, including the closure of stores on Sundays in Vienna, which he regrets as a missed opportunity for business.

Armin Weger, the CEO of the footwear retailer Humanic, suggests that opening stores on Sundays a few times a year could provide a much-needed boost to the retail industry. "Just three to four open Sundays a year would help," Weger stated, reflecting on the economic climate and the challenges faced by businesses.

Weger, who has navigated multiple company acquisitions during his career, shared his strategic outlook for Leder & Schuh, Humanic's parent company. He outlined a phased approach: "In the first year, stability is key; in the second, we will optimize; and in the third, we will grow." This plan emphasizes a methodical progression to ensure sustainable development.

Looking back, Weger expressed a sense of regret regarding the past retail landscape in Vienna, particularly concerning Sunday openings. "Vienna was full on Sundays, but the shops were closed โ€“ a shame," he remarked. This observation highlights his view that such closures represent a missed economic opportunity and a disadvantage compared to markets with more flexible operating hours.

DistantNews Editorial

Originally published by Der Standard in German. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.