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ACROSS

Retail

STRATEGIES AND EXPANSION PLANS OF RETAILERS

credit: Klaus Striebich

“Consumer Trends – Do You Know the Latest Ones?”

The events of the last few years, increased transparency in general, and last but not least, technology and globalization have resulted in a new kind of customer. These new customers are both mature and competent. Retailers would do well to regard them as such.

credit: MK Illumination

Togetherness: A Silver Lining for Retail Spaces

In order to become the “center of the community”, retail spaces have to offer public services that people want and need, as well as opportunities for people to come together and build community. That entails, among other things, rethinking the tenant mix to generate footfall as well as creating more events and activities that attract people.

credit: Redevco

Collaboration is Key to Rebuilding the Retail Ecosystem

Societies have changed, retail has changed, and so must architecture and the real estate industry. “Le 31” has become a model for Redevco’s vision on how to redefine retail and create a connected community of stores, partners, and visitors.

Rüdiger Dany is Chief Executive Officer (CEO) of NEPI Rockcastle /// credit: NEPI

Making the Most of Customer Shopping Journeys

In order to follow and fulfil customer needs, operators of shopping centers also have to support their tenants. Furthermore, integrating online with offline elements, through proptech partnerships, is the path to maintaining a leading position, according to NEPI.

With tradition and craftsmanship towards the future@Giobagnara Venice

In probably the most famous district of Venice, San Marco, a company has managed to expand in recent months and now operates five stores just minutes from each other: Giobagnara. Two of these stores are right next to St. Mark’s Church, another is located on St. Mark’s Square, not far from Caffè Florian (there is a meeting room on the second floor with a wonderful view of St. Mark’s Square); the fourth store can be found beside Harry’s Bar.

Technology Trends Should Be Retail Trends

The extent to which a retailer can satisfy the needs of its customers significantly depends on the technology it utilizes and masters. Consumers have become accustomed to the often highly individualized approach provided by e-commerce, and they expect the same in the brick-and-mortar environment. Technology stands ready to meet the challenge.

MAPIC 2022: It is All about Connecting Players

According to MAPIC Director Francesco Pupillo: During times of transformation, we have to guide people in a better and more intensive way. Therefore, he wants to increase the value enjoyed by the attendees of this year’s MAPIC by, among other things, connecting them via special events and focusing more attention on new and innovative retail models.

“Fear is Understandable”

First the coronavirus, then the war in Ukraine: Rising inflation and supply chain issues are causing panic, leading to consumers to buy again. Professor Stephan Rüschen speaks with ACROSS about justified fears, current supply shortages, and why transparency is the order of the day for all retailers.

“CREATING VALUE IN EVERYTHING WE ARE DOING”

Consumer behaviors and the business environment are changing fast under the global circumstances. Therefore, it is critical for real estate development companies to keep a pulse on both. The consumer is today at the heart of business more than ever before, say Jovana Cvetković and Nemanja Bućinac from MPC Properties.

Grow every day@Calienna

Vienna’s Neubaugasse in the seventh district has developed well in recent years. It has once again become a shopping street with many specialty stores and places to sit and linger. Strolling around here is fun again.

Pull&Bear opens flagship store at Alexa

The fashion company Pull&Bear, a brand of the Spanish Inditex Group, opened a flagship store in the leisure and shopping center on Berlin’s Alexanderplatz. It is the second store of the fashion brand in Berlin and the first store in a Berlin shopping center.

ACROSS RETAIL TALKS ON “FOOD ANCHOR – THE ACTUALLY ‘SAFE’ ANCHOR”

This time, our recurring online event, ACROSS Retail Talks, this time, took a close look at what food anchors mean for the profitability of a location’s success, how the collaboration between the involved stakeholders works, and why flexibility is not only the key learning from the pandemic, but also the key strategy for the future.

Current Brand Trends in Outlets

Without a doubt, outlets are an outperforming retail format. Therefore, it is a very dynamic sector. Dominic Brady, Partner at KLM Real Estate, explains the current trends outlet operators are facing from the brands and consumers’ perspective.

Icon Outlet at the O2 to Reopen its Doors

The O2 has announced that Icon Outlet in London will be reopening its doors to visitors from Friday 18 March, just one month to the day since Storm Eunice damaged the roof of the music, leisure, and entertainment venue.

Scallier: New Brands in Romanian Retail Parks

German non-food retailer, TEDi, and the Austrian chain of sport stores, Hervis, will open their shops in newly emerging retail parks in Romania developed by the Polish company Scallier. In total, the new stores will occupy an area of ​​nearly 5,500 sq m in the facilities located in Timisoara, Vaslui, Mosnita, Turda (TEDi) and in Vaslui and Turda (Hervis).

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THE RETAIL AND HOTEL INDUSTRY - A LONG-LASTING LOVE STORY?
From fashion capitals selling luxury products to bustling marketplaces peddling local goods, the shopping available at certain destinations is a powerful draw for many tourists. Shopping and vacations have always been closely linked. In the same way, the retail and hotel asset classes have always been interdependent.
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