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Retail

STRATEGIES AND EXPANSION PLANS OF RETAILERS

VIA Outlets officially opened the 4,000 sq m extension to its Sevilla Fashion Outlet yesterday, culminating a 30-million-euro project to modernize and evolve the center since its acquisition in 2016. With the recent extension, a 17-million-euro investment that includes a spectacular glass-covered gallery, Sevilla Fashion Outlet now offers 20,000 sq m of prime commercial space.

Following the establishment of a branch in Basel, plans for a market entry in Switzerland are intensifying, for which the former Head of Real Estate at Denner, Alexandre Du Pasquier, is responsible.

Ingka Centres is set to launch its newest Hej!Workstation coworking space in its Avion Shopping Park in Bratislava, a smaller version of the already successful and thriving Hej!Workshop concept. Opening its doors on November 2nd, the space in Bratislava’s Avion will open on the 1st floor, offering workplaces that can be booked for free.

At EuroCIS, The Leading Trade Fair for Retail Technology, numerous companies will once again be presenting solutions and products with which retailers can shape and secure their future, true to the motto “Go beyond today”. Detailed solutions for merchandise & supply chain management, POS software and hardware, HR, robotics, security & loss prevention, cash management and pricing will be on offer.

Milan has been chosen as the location for the expansion in Italy. The opening of the first flagship store in the fashion metropolis is planned for spring 2024.

Unibail-Rodamco-Westfield (URW) Germany announces twelve more partners for the retail sector of the mixed-use quarter in Hamburg’s HafenCity. Through the new partnerships in accessories, jewelry, beauty, technology, fashion, and more, the company ensures further differentiation within the brand and concept mix and once again brings a number of global brands and trend labels on board.

Most European countries have regulations on store opening hours, but they vary widely. Most countries that regulate store hours are concerned with the interests of workers, consumers and businesses. However, countries that lift restrictions could boost the economy and eliminate unfair competitive distortions between stores and e-commerce. See our overview of opening hours in Europe.

The binding agreement between the British Frasers Group plc and Signa Retail Department Store Holding GmbH to acquire SportScheck was announced a few days ago.

ACROSS´s recent visit to H&M´s headquarters in Stockholm provided a glimpse into the chain´s current plans in the area of market expansion, and its diverse brand image. “Leading destination for style” is the main idea behind H&M, and, by diversifying their offer in homeware, and with their brands aimed at different customer groups, including a business idea of subscription-based shopping experience, they are certainly on the right track.