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ISTANBUL, TÜRKIYE: A SPECIAL ACROSS STUDY TOUR BETWEEN TRADITION AND INNOVATION
The 2024 ACROSS Study Tour took us to the traditional home of Retail: Istanbul. The three-day trip welcomed more than 20 participants with the aim of learning about the Turkish way of doing retail and developing state of the art shopping centers.
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WILL´S F&B INSIGHTS: THE (OLD) FASHIONED FOOD COURT IS DEAD, LONG LIVE THE FOODCOURT!
As the nostalgic memories of greasy fast food and sticky trays fade away, the death of the old-fashioned food court looms over the culinary landscape. But wait a minute, is that really true?
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“SMALL BUT EFFECTIVE” – THE APPEAL OF SMALL OUTLET LOCATIONS
FOC Retail Service GmbH operates three outlet locations in Austria and Germany, all of which have incredibly high purchasing power but are small. Managing Director Michael Lungkofler explains the potential of smaller locations, and why brands are just as successful here as in prominent ones.
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PEOPLE ON THE MOVE
Recruitments, promotions and appointments.
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DESIGNER OUTLET PARNDORF: RECORD YEAR 2023 WITH RESULTS ABOVE THE MOST SUCCESSFUL PRE-PANDEMIC YEAR 2019
Central Europe’s leading designer outlet set a new visitor record in 2023 with 6.8 million visitors above pre-pandemic levels. Sales were up ten percent in 2019, with the strongest growth in visitor numbers coming from South Korea, the Middle East and South East Asia. Seven million euros have been earmarked for investment at the site to ensure the success story continues.
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THE LEVEL OF EXCELLENCE WE SHOULD STRIVE FOR TODAY AND TOMORROW
Originally developed solely to meet the daily needs of consumers, shopping centers quickly became an asset class. The model worked very well for a long time, but as consumer behavior has changed, so have the requirements of tenants, operators and investors. The obvious task to satisfy customers, business partners and stakeholders is: Get your customers to return to your locations. Clear differentiation and positioning as well as a clear focus on people are crucial.
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