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Retail

credit: ZeroQs, ACROSS

ZeroQs – Take What You Need

Polish retail startup ZeroQs implements smart-scan on customers´ shopping carts to make the payment process much faster.

Time Out Market Lisbon turns 10. /// credit: Joana Freitas

Time Out Market Lisbon Celebrates Its 10th Anniversary As The Group Prepares To Open Its 10th Market Later This Year

Ten years ago almost on the day, Time Out Market Lisbon opened its doors to the public as the world’s first editorially-curated food and cultural market. It was the culmination of an idea from Time Out Lisbon’s editors to bring their ‘best of the city’ ethos to life and together under one roof: a curated mix of the best chefs, restaurateurs, drinks and cultural experiences. To date, Time Out Market Lisbon — a highlight of the first ACROSS Study Tour in 2023 — has welcomed over 35 million guests, making it one of Portugal’s most popular destinations and sparking a global foodie phenomenon with currently eight Time Out Markets around the world spread across four continents.

Outstanding European Placemaking Project recommended by Gregory Fonseca, Director of Architecture BDP, and Member of the ACROSS Advisory Board. /// credit: ACROSS

Outstanding European Placemaking Projects: IKEA @ London’s Oxford Circus — High Street Brands That Become More Than Just Shops Selling Goods

Our industry is strong and can achieve a lot. To emphasize this optimistic spirit, we want to showcase what our industry offers. Recommended by Gregory Fonseca, Director of Architecture BDP, and Member of the ACROSS Advisory Board, the IKEA at London´s Oxford Circus is one of the many outstanding placemaking projects that drive the industry forward.

credit: Esprit

Esprit Companies File For Insolvency

After the company´s insolvency in Switzerland and Belgium in the past two months, Esprit Europe GmbH and six other German companies of the fashion group are now filing for insolvency under self-administration in Düsseldorf.

Emre Yıldız, Founder and CEO of Octopus. /// credit: Octopus

OCTOPUS – a physical touch of retail

“Octopus is not just creating technology; we are building an entire ecosystem that mirrors the online world’s interactivity in the physical world, all centered around our screens and the Octopus app. We are crafting an environment where digital engagement is as natural and intuitive as using a smartphone or computer,” explains Emre Yıldız, CEO and Founder of Octopus, in his interview with ACROSS.

Maison Louis Vuitton, Champs Elysées. /// credit: Shutterstock

European Luxury Retail Markets Remain Resilient

The European luxury markets remain resilient, bolstered not only by high-wealth luxury shoppers but also the return of high-spending tourists to Europe, reveals the 2024 European Luxury Retail Report by Cushman & Wakefield.

Outstanding European Placemaking Project recommended by Yurdaer Kahraman, CEO and Board Member of FİBA Commercial Properties, and Member of the ACROSS Advisory Board. /// credit: ACROSS

Outstanding European Placemaking Projects: Galataport Istanbul — A Regeneration Story

Our industry is strong and can achieve a lot. To emphasize this optimistic spirit, we want to showcase what our industry offers. Recommended by Yurdaer Kahraman, CEO and Board Member of FİBA Commercial Properties, and Member of the ACROSS Advisory Board, Galataport Istanbul is one of the many outstanding placemaking projects that drive the industry forward.

Outstanding European Placemaking Project recommended by Klaus Striebich Managing Director of RaRE Advise, and Head of the ACROSS Advisory Board. /// credit: ACROSS

Outstanding European Placemaking Projects: Galleria Vittorio Emanuele II. Milano, Italy — Location With A ‘Wow Effect’ That Lasted For Generations

Our industry is strong and can achieve a lot. To emphasize this optimistic spirit, we want to showcase what our industry offers. Recommended by Klaus Striebich, Managing Director of RaRE Advise, and Head of the ACROSS Advisory Board, Milano´s Galleria Vittorio Emanuele II. is one of the many outstanding placemaking projects that drive the industry forward.

credit: JTRE

“MIXED-USE DEVELOPMENTS ARE KEY TO SUSTAINABLE PLACEMAKING AND URBAN DEVELOPMENT”

As an urban developer, JTRE is uniquely positioned in Slovakia due to its specialization in constructing whole city districts. JTRE is significantly changing the city of Bratislava. Recently, the company developed Eurovea, one of Europe’s largest mixed-use projects. ACROSS spoke to Pavel Pelikan, Deputy Chairman of the Board and Executive Director, about JTRE’s plans, recent developments, and ways of doing business.

credit: Eurovea

A CENTER LIKE EUROVEA STRENGTHENS THE COMMUNITY’S SENSE OF BELONGING

In 2023, Eurovea Shopping Center opened its doors. In Bratislava, Slovakia, a shopping center has been built to the latest standards as part of a district development. Since its opening, the large-scale project has kept all its promises and has been very popular. ACROSS spoke to the management of Eurovea about the first year of operation, its USP, and its meaning to the community. Eurovea shopping center shows that modern centers must serve people rather than just sell products.

credit: Shutterstock

Consumer sentiment on a good path to recovery

Consumer sentiment continued its positive trend of the previous months in May and improved further. This is according to the latest consumer barometer published by the German Trade Association (HDE).

credit: Pinterest

Germany´s Stationary Shoe Retail Market Is Growing

The subdued consumer sentiment is also evident in the footwear market, where the gap between private consumer spending and spending on shoes is widening as consumer prices rise. In 2023, total sales of shoes reached a market volume of 9.6 billion euros, which corresponds to growth of 3.8% in the previous year. These and other findings were published in the new „Branchenbericht Schuhe 2024“ (“Shoes 2024 Industry Report”) by IFH Köln in collaboration with BBE Handelsberatung.

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