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ACROSS

Retail

The most promising development projects

Despite all challenges, a lot is happening in the retail real estate industry and great projects are in the making. This is best illustrated by the entries for the MAPIC Awards 2022 category “Best performing Shopping Center”. They include assets such as shopping centers, outlets, and retail parks. They show innovation through new technologies, customer loyalty programs, retail mixes and architectural features which come together for the aim of increasing footfall, customer satisfaction, average spending and offering a unique experience in a new shopping destination. All these outstanding projects demonstrate the strength, innovation, and positivity of our industry.

Credit: AVER

FOUR NEW FLAGSHIPS FOR SEVEN DIALS´ NEAL STREET

Shaftesbury has announced the opening of four new flagship stores on Neal Street, Seven Dials. Minimalistic clothing brand, Absence of Colour, lifestyle brand, Rockett St George, independent watch retailer, Mr Jones Watches, and a creative activation run by community organisation, My Runway Group, have joined Seven Dials’ diverse array of brands, located in the heart of London’s West End.

credit: ACSP

ACSP Congress: Traditional conference with a new twist

It was time, once again, in mid-November, for the annual ACSP Congress. The congress holds a valuable spot in a long tradition, yet much has changed compared to previous years: New topic, new location, new chairman, new, and younger, participants, and a new moderator.

credit: Coniq

How to Leverage Green Loyalty at Your Retail Destination

Now, more than ever, consumers want to reduce their overall expenditure, lower their consumption, and adopt sustainable practices. As a result, retail destinations must incorporate sustainability to meet growing customer expectations and nurture their customer relationships. That is why Coniq has created this list of top tips to help start any mall’s sustainability journey.

Credit: London Designer Outlet

CARVELA AND THE COSMETICS COMPANY STORE JOIN LONDON DESIGNER OUTLET

London Designer Outlet (LDO) has announced two new high-profile deals, with Carvela and The Cosmetics Company Store taking 155 sq m and 128 sq m of space respectively. The new stores will strengthen the womenswear and beauty offer at London’s leading fashion and lifestyle outlet destination, an offering that has recently been reinforced through lettings and expansions by world-renowned brands such as Nike, Adidas, Tommy Hilfiger and Calvin Klein.

Credit: Sierra Germany

SHOPPING EXPERIENCES THAT ONLINE RETAILERS CANNOT OFFER: FOR THE SECOND TIME, ALEXA IS BRINGING DIRECT BRANDS TO THE CENTER WITH BRANDS FOR YOU

After last year’s huge success, the second trade fair for D2C brands will take place from November 14th until December 10th, 2022, at Berlin’s ALEXA shopping and leisure center. 12 Direct Brands will present their products offline at ALEXA. A shopping experience for all the senses that even the best online store cannot offer will be created in the innovatively designed showroom with the help of art installations and a lounge area, food tastings and cosmetics workshops. A win-win-win for the brands, the customers and for ALEXA.

credit: MAPIC

Designer Outlets – Best Practice in Flexibility

While the pandemic inevitably slowed the growth of the outlet market last year, most centers are performing surprisingly well, as a report by Ken Gunn Consulting for MAPIC also notes. The industry is proving that experience and flexibility are key to a successful retail formula. As a result, key players, in particular, are confident that the current challenges can be overcome.

credit. URW

WESTFIELD HAMBURG ÜBERSEEQUARTIER: CREATING A BETTER PLACE!

Better Spaces, Better Communities, and Better Together – those are the pillars upon which Unibail-Rodamco-Westfield’s sustainability strategy is based. URW is committed to playing a key role in the environmental and energy transition. As such, the company has been implementing its “Better Places 2030” sustainability strategy since 2016.

credit: HBB

HEMA to open in Rathaus Galerie Essen

A new attraction for the HBB shopping center: The Dutch department store chain HEMA is opening up a new branch in Rathaus Galerie Essen, Germany.

Credit: Greenman OPEN

GREENMAN OPEN STARTS TRIALS FOR VIRTUAL REALITY

Greenman OPEN sets the course for the digital future. Last weekend, the management teamed up with Karlsruhe-based metaverse infrastructure provider Mapstar AG for a Halloween event to show how digitalization can change the retail landscape. With its Metaverse for the real world, Mapstar made it possible for the visitors of the Biesdorf Center to use their own smartphones to merge the boundaries of reality with those of the digital world.

credit: ECE

“A stationary presence is key to the success of retail concepts”

Never before has the retail sector faced so many challenges at the same time – and shopping center operators alike. Joanna Fisher, CEO at ECE Marketplaces, and Steffen Friedlein, Managing Director Leasing Services at ECE Marketplaces, explain why there are still grounds for optimism, and why flexibility is key – both when setting own priorities and in relation with tenants and investors.

credit: SonaeSierra

EVOLVING IN A CHANGING WORLD

Sonae Sierra accelerates the future-proofing of its real estate portfolio. Christine Hager, Sonae Sierra Director, responsible for property management in Germany, describes what being future proof means in today’s business world. There is one thing or particular note: Knowing how energy is being consumed is key to understanding and identifying where the most effective changes should be made.

Out now: New issue “RE-THINK! – How to reassess development, invention and communication in retail real estate”

OUT NOW – LATEST ISSUE! +++ RE-THINK! – How to reassess development, invention and communication in retail real estate. The real estate industry has been in a state of change for a few years now: increasing online retail, the move to multi-channel, changing logistics requirements, a strong emphasis on entertainment, a much higher level of diversity in retail, and last but not least, the big issue of ESG. “Re-think” – is the order of the day.

Credit: umdasch

UMDASCH-FINALLY TOGETHER AGAIN IN EUROSHOP 2023 DÜSSELDORF, GERMANY

From 26 February to 2 March 2023, the “who’s who” of the global retail industry will meet at EuroShop in Düsseldorf. umdasch The Store Makers will present a wide range of possibilities for a unique customer journey in Hall 12 under the motto “Sustainable Together”.

Credit: URW

FASHION LABEL ZARA TO OPEN FLAGSHIP STORE AT MINTO IN MÖNCHENGLADBACH, GERMANY IN THE FIRST QUARTER OF 2023

The Spanish fashion company Zara will open a new store with a flagship format in Minto in Mönchengladbach in the first quarter of 2023 on around 3,000 sq m of rental area. Zara will realise the brand’s latest design concept. Unibail-Rodamco-Westfield, owner and operator of Minto, and Inditex are once again strengthening their strategic partnership in Germany through the new cooperation in Mönchengladbach.

Credit: Festival Place

TIME FOR SHOPPING CENTERS TO TRULY EMBRACE THEIR COMMUNITIES

As Festival Place is due to turn 20 later this year, now seems to be an opportune moment to reflect upon what defines it as a shopping center, a leisure destination, and a community amenity. Neil Churchill, Center Director of Festival Place, one of the UK’s Top 22 shopping centers, shares his view on the importance of community investment.

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Retailtainment: How To Increase Experience Per Square Meter
Retailers who can always find answers to consumer needs will survive. We have dedicated this “Special” to these locations: retail concepts and locations that stage themselves for the customer, appeal to all their senses, create a holistic experience, and whose success can no longer be measured in mere sales figures.
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