Retail Archives - Page 21 of 41

Ranking of the most expensive shopping streets worldwide

Half of the ten most expensive shopping streets in the world are in Europe.

36 Awards at the 14th Edition of PRCH Retail Awards

At the 14th PRCH Retail Awards, the jury members awarded a total of 36 awards. This included eight gold statuettes and 27 silver statuettes, in 20 business, strategy and marketing categories. In addition, the strategic jury awarded a special prize for a project that stands out thanks to its innovative approach, setting trends in the industry.

MAPIC 2023 Award Winners: Honoring excellence, innovation and creativity in the retail real estate sector

This year’s MAPIC Awards honored winners across thirteen core categories, in addition to the People’s Choice categories and the winners of the MAPIC Academy—MAPIC’s inaugural start-up incubator sponsored by Nhood. The Awards reward exceptional retail brand performance and development, the latest cutting-edge solutions in sustainability and innovation, and the most recent real estate projects and redevelopments.

New record for the global luxury market – it will reach around 1.5 trillion euros in 2023

Luxury tourism is almost bringing Europe back to pre-pandemic levels. Even if the luxury sector has a good basis for further growth, it will need to have the ability to innovate in order to operate more efficiently in the future.

International Retailers Crowd into CEE as Economic Growth and Household Consumption Outpace Western European Markets

Rising disposable incomes across Central and Eastern European markets are outpacing those in more mature Western European economies and driving a more dynamic tempo of consumer spending in a region under-supplied with modern retail space, NEPI Rockcastle concluded in its recent third-quarter financial results.

Decathlon takes over the online outdoor specialist Bergfreunde

The transaction is expected to take place in the first quarter of 2024 and will integrate Bergfreunde into the French company as a wholly-owned subsidiary.

Start of construction and 90 percent occupancy rate for new “Food Garden” in the Main-Taunus-Zentrum

Start of construction and strong letting success for the new “Food Garden” in the Main-Taunus-Zentrum: In November, construction work began on the new highlight in the middle of the shopping center – a high-quality and varied range of restaurants with five free-standing restaurant buildings, partly covered and partly open terraces, green outdoor areas and sophisticated architecture. The opening is planned for spring 2025.

Time Out Market continues to expand its global footprint with new sites and new food hall formats

The food and cultural market’s portfolio includes seven open Markets and eight in development, with several new sites in negotiations.

VIA Outlets Sees Strong Leasing Demand with New and Existing Brand Partners Through 2023 as Fashion Brands Gravitate Towards Stellar Performing Outlet Centers

VIA Outlets has seen a surge in the pace of leasing activity across its pan-European portfolio through 2023. New and existing premium brand partners continue to open stores or increase their GLA with upsizes, bucking the challenging market conditions experienced in much of the full-price retail segment. Brands are following customer footfall and gravitating towards the strong sales outperformance offered by the outlet center format.

Leder & Schuh AG has taken over the traditional Austrian brand Delka

Delka was founded in 1907, acquired by Salamander Austria in 2011 and had 18 shops in Austria until it was spun off from the Ara Group in June of this year.

“OUR JOB IS TO GIVE THE INDUSTRY A PERSPECTIVE.”

We are in the middle of a transformation, states MAPIC Director Francesco Pupillo. The changes in the retail world are also reflected in the changing role and face of MAPIC. This includes the presence and support of new players. But in the end, the purpose of the biggest industry fair stays the same: It is a dealmaking opportunity.

Kaufland completes one of the most sustainable revitalizations to date in Bad Tölz

This Thursday, one of the most sustainably modernized Kaufland stores to date will reopen to customers in Lenggrieser Straße in Bad Tölz. Just a glance at the newly designed facade with modern, sustainable wooden elements, which blends harmoniously into the local, Bavarian building culture, makes it clear that a very special revitalization of the more than 50-year-old store has taken place here after a total renovation period of around 17 months.

F1 ARCADE IS COMING TO MAPIC

F1® Arcade, the world’s first official Formula 1® simulator racing experience to put socializing at its core, and the first-of-its-kind experiential hospitality concept; is coming to MAPIC from 28th to 30th November in Cannes.

Made in France @ Trésors Publics, Nice

Typical, traditional items from stationery, ceramics, food, textiles, games, and toys to cosmetics and perfumes that have long been forgotten and are still fondly remembered can be found in the heart of the Vieux Nice district.

C & A plans to open 100 new shops in Europe over the next three years

According to the company, its growth plans focus primarily on Romania, Poland and Italy, but the Group also plans to open new stores in Berlin and other regions of Germany.

ACSP Congress 2023: The Future Model For Quarter Development

“Quarters are not defined by their developers, but by those who use, work, and live in them”, stated Christoph Andexlinger, Chairman of ACSP, and CEO of the Austrian shopping center market leader SES, in his opening speech at this year´s congress, which focused on city and town quarters, while presenting not only new ideas, but bringing numerous examples of quarters in practice.

“Contribute to the well-being of the community we gather”

“The bottom line is that we use a systematic and comprehensive approach to develop sustainable real estate.” This is how Jovana Cvetković, Development, TO, and Innovations Director at MPC Properties, describes the company’s principle of commitment to innovative and integrated business. In this interview, she explains the steps MPC Properties has taken and will take on the company’s ESG journey.

Dutch retailer Jumper is taken over by Fressnapf Group

Following the merger with Arcaplanet in Italy, the investment in ZOOCITY in Croatia and the recent market entry in Romania, the business expansion in the Netherlands marks the company’s next strategic step.

Görtz plans comeback in Austria with new concepts

Görtz Chairman Bolko Kissling plans to launch eight pop-up spaces in Austria at the end of November – these will be in Vienna, Graz, Linz, Salzburg and Baden.

ROS Retail Outlet Shopping Pursues Its Trading-Up Strategy And Expansion Plans

Supported by a strong performance across its 12 premium outlet destinations, ROS Retail Outlet Shopping is focused on upgrading its brand mix. The European operator, together with partners, is set to further grow its portfolio with center extensions in Designer Outlet Gdańsk, Designer Outlet Algarve, and Designer Outlet Croatia, and the new development Designer Outlet Kraków.

Scallier Is Opening A New Retail Park In Mosnita

The retail park in Mosnita, Romania, was opened to customers on November 16. The facility has an area of 8,500 sq m, and is almost fully rented.

Construction works on phase 2 of FASHION HOUSE Pallady is well underway: opening announced for Q3 2024 and famous brands already joined the project

Last week, FASHION HOUSE Group started construction works on the second phase of the second Outlet Centre in its local portfolio in Romania, FASHION HOUSE Pallady, which will open its doors in the third quarter of 2024.

British company Hotel Chocolat acquired by US food group Mars

Chairman Angus Thirlwell and co-founder Peter Harris will receive shares valued at 140 million pounds each following the takeover. They had agreed to a takeover of Mars for 534 million pounds.

Major Milestone For Sovereign Centros As Frasers Group Opens Multi-Fascia Store At Metrocentre

Sovereign Centros has announced that Frasers Group plc has opened the doors to a brand new multi-fascia store for Flannels, Sports Direct and Everlast Gyms in Metrocentre, Gateshead.

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Retail

STRATEGIES AND EXPANSION PLANS OF RETAILERS