El Palacio de Hierro wins an award for its Perisur store

What: The Retail Design Institute has named 25 winners in its 50th annual design competition. 

Why it is important: Retail projects opened in 2020 (January 1 through December 31) were competing and represent design achievement in categories ranging from pop-up stores to fine dining. This year’s competition attracted submissions from 62 retail teams around the globe.

The winning projects make up the Institute’s “Class of 2020” — projects represent the “best of the best” stores opened in 2020. The Institute’s annual “class” represents the best of the best regardless of store format or retail merchandise/service classification.