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Retail

STRATEGIES AND EXPANSION PLANS OF RETAILERS

Lendlease has announced the signings of e-sports café Wanyoo, Taiwanese tea specialists YiFang, and restaurant & bar Oisoi, which have taken an inter-connected unit spanning over 557 sq m, and will be joined at Elephant Park by sushi and hot food outlet Kokoro.

One of the first anchor tenants signs a lease for the Stern Center in Sindelfingen (Baden-Württemberg) which will be transformed to a hybrid center. tegut… is represented with around 290 supermarkets in six German states.

Deutsche Immobilien Group (DI Group) welcomes EDEKA as new tenant at its property in Dülmen (NRW). The food retailer, which has signed a long-term lease, will take over the 9,346 sq m space on November 30.

At Wiedner Hauptstraße 66 in Vienna, a corner store offers a wonderful variety of products and experiences that are a joy to behold. The family business, which is now run in the 2nd generation by Martina Wallner-Morin and her husband David Morin, exemplifies what we lack in many places: Authenticity, a commitment to tradition, a focus on regionality paired with modern standards.

What does that really mean? Retail professionals have been engaged in this discussion for decades. The idea of creating physical, emotional shopping experiences has become an integral part of the retail discussion since physical, brick-and-mortar retail began to decline in popularity.

Following the rapid market exit of shoe retailer CCC from Austria, space in SES shopping centers was quickly allocated to new partners. The Polish discount retailer acquires attractive retail space and will open six new Pepco stores this year.

“Outlets benefit due to their out-of-town locations. As a consumer, you are able to park outside and quickly walk to your store of choice in a relaxed, open environment.”

The Outlet City in Metzingen in the German state of Baden-Württemberg has added another attraction: the L’Osteria restaurant at the Enzian Höfe. In its role as the general contractor, umdasch The Store Makers led the project through the turbulent period of the pandemic, thereby allowing the restaurateurs to focus on their favorite task – providing hospitality.

As if retailers in German city centers have not had enough to contend with in recent years–primarily driven by growing competition from online retailers–now they are also confronted with even bigger economic problems due to the Corona pandemic and the associated restrictions and closures. A continuous analysis of visitor development by GfK shows what has actually happened since the start of the pandemic, who the losers and even bigger losers of the pandemic are, and what the future holds.

Europe’s food retailers are being put to the test by the eco- nomic consequences of the natural disaster Covid-19. This is a very special kind of weather situation. While non-food retailers and the food service industry are in sheer despair in the face of the calm caused by government-imposed lockdowns, the “system-relevant” food retail sector has been confronted with a veritable storm tide since the sec- ond quarter of 2020.

Industry leaders told us about the sales impact Corona had on their business in 2020. They also explain what fundamental changes in location, sales, and marketing strategy they are planning for 2021/2022 in response to the widespread economic impact of the pandemic.

Union Investment and Sierra Germany launched their latest edition of First Store by Alexa–a campaign by Berlin’s well-known shopping center Alexa. Ralf Schaffuss, Head of Retail Asset Management of owner Union Investment Real Estate, and Jens Horeis, General Manager of Center Management company Sierra Germany, talk about their latest innovation of the competition.