Retail

STRATEGIES AND EXPANSION PLANS OF RETAILERS

Scotch & Soda Plans To Hold On To Its German Market Presence

Following the start of the brand´s insolvency proceedings in Germany earlier this week, according to a recent interview between Bluestar CEO Joseph Gabbay and the German “Textilwirtschaft”, the US investment company, which owns the Scotch & Soda brand rights, is planning to hold on to the market.

RegioData–Analysis: Increase In Purchasing Power In Europe

The annually conducted RegioData purchasing power analysis reveals significant differences in the development of wealth levels among European countries. Despite these disparities, it can be observed that the inhabitants of all European countries on average have more financial resources available today than they did five years ago.

German Consumers Are Less Swayed By Influencer Marketing

Compared to other countries, German consumers are more skeptical than average when it comes to product advertising by influencers.

Plaace — Understand Your Area In A Better Way

Plaace is a rapidly growing Norwegian tech startup aiming to create vibrant streets and cities with a platform fuelled by state-of-the-art analytics and newly available data sources to enable smarter decisions for every actor involved in the retail sector.

Designer Outlet Parndorf Shows Strong Summer Performance

For Designer Outlet Parndorf, the first six months of the year were already a success story, and the 160 or so popular luxury, designer and sports stores, long opening hours until sunset and the gastronomic offerings once again brought numerous customers to the center during the summer months, shared the designer outlet in a recent press release.

Rossmann To Open Its First Store In Switzerland

ROSSMANN has long been known and loved by Swiss customers who previously had to travel to Germany to do their shopping. Despite initial plans to open its first store next year, the drugstore company secured the opening for already this year, with more to follow.

H&M Beauty Opens First Swedish Flagship Stores

This fall, H&M Beauty opens its first ever Swedish flagship stores, offering customers an elevated and inspiring in-store experience with an upgraded and reimagined brand portfolio across all categories as well as in-store services.

umdasch To Design New Food Court At City Center Amstetten

The City Center Amstetten shopping center is planning a new food court area that will offer even greater culinary variety. umdasch The Store Makers, the Amstetten-based shopfitting and design expert, is responsible for the concept of the new food court.

Climate-Controlled Indoor Entertainment Starts To Set Foot In Europe

Climate-controlled indoor entertainment formats are becoming increasingly popular, and are starting to spread outside of the Middle East, for example to Europe, shares Pragma Consulting as part of their latest insights.

Mango Strengthens Its Online Business With The Opening Of 12 New Markets

Mango is strengthening the growth of its online business by entering 12 new markets, principally located in Africa, Asia and Central America.

„Entertainment, Shopping, F&B — Rethinking Brick-and-Mortar Retail by increasing the Shop Floor Experience“ /// ACROSS RETAIL TALK: Sept. 25th, 2024, 4pm (CET), Online/Zoom

The next ACROSS Retail Talk “Rethinking Brick-and-Mortar Retail by increasing the Shop Floor Experience” will discuss how retailers and shopping center managements can inspire and retain customers by offering true retail experiences. Join us to learn about expert insights from top professionals in the industry.

BIG Opens Its Fifth Retail Park In Poland

BIG has officially opened its fifth retail park in Ostroda, Poland, following the opening of its fourth center just last week.

The Breuninger Department Store Chain Is Up For Sale

Several companies have expressed interest in Breuninger, including both financial investors and retail companies. On the basis of an enterprise value, the Breuninger Group could be sold for approximately 2.5 billion euros.

Foot Locker To Exit Nordic Countries By Mid-2025

Foot Locker plans to shut down stores and e-commerce operations in Denmark, Norway and Sweden. This will result in the closure or transfer of operations for approximately 30 stores of the company’s 629 stores in Europe, expected to be completed by mid-2025.

Scotch & Soda Closes All Stores In Germany By The End Of August

By the end of the month, Scotch & Soda will cease business operations in its almost 40 stores in Germany.

Ten Of The Coolest Stores In Europe

The General Store, an Australian consulting agency, presented the 50 coolest stores in the world at the World Retail Congress in Paris. According to the consulting agency, the so-called coolness factor is of great importance at the moment: in addition to design, service, and impressive experiences, creativity, cult status, and commercial viability were decisive factors in the evaluation.

On Opens Its First Flagship Store In Italy

The new store in Milan is the second the Swiss running brand has opened in Europe this summer, following the opening of a store in Paris.

M&S To Test New Fashion-Only Store Strategy

Marks & Spencer is making preparations to launch a new format store in the shape of a standalone branch, offering a curated selection of its womenswear, menswear and beauty ranges.

Fiba CP Continues To Collect International Awards For Outstanding Projects

Fiba Commercial Properties, a leading investor in commercial real estate in Turkey, Europe, and the Far East, continues to distinguish itself with remarkable achievements. Notably, its İnegöl AVM and Downtown Bursa Life and Entertainment projects have made a significant impact, earning spots as finalists in the prestigious Global RLI Awards 2024—one of the highest honors in the retail and entertainment sector.

SES To Award The yip.at Business Promotion Prize For The Fifth Time

Already for the fifth time, SES Spar European Shopping Centers is awarding the yip.at Business Promotion Prize to the best implemented business ideas in stationary retail via its yip.at digital initiative.

MEC Leases 65,000 Sq M Of Retail Space In The First Half Of 2024

The letting level at MEC remains very high in the first half of 2024. The retail real estate specialist concluded over 110 new and follow-up leases with a total area of 65,000 sq m during this period.

IKEA Introduces New Secondhand Marketplace

Ikea is trialling an online marketplace that will allow customers to sell secondhand furniture online, challenging marketplace competitors such as Ebay.

Frasers Wants To Further Increase Its Share In Hugo Boss

Frasers has submitted plans to acquire shares in the Hugo Boss fashion group to the German competition authority in Bonn.

NEPI ROCKCASTLE RAISES GUIDANCE FOR FULL YEAR EARNINGS GROWTH

NEPI Rockcastle achieved a 13.5% increase in net operating income (‘NOI’) in the first half of 2024 compared to 274 million Euro compared to 241 million Euro in H1 2023. On a like-for-like basis, NOI was 10% higher in H1 2024 compared to H1 2023, excluding the impact of developments completed after 30 June 2023 and industrial property sold in January 2024.

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