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October 2020

Eurovea, which opened its doors on the banks of the Danube River roughly 10 years ago, is one of the most visited destinations in Bratislava. The shopping center is currently undergoing expansion.

Many on the European continent seem to think that we live in a free world, underpinned by free market economics, and that our comparative wealth is unassailable. But the market that we now operate in is anything but free. Retail is perhaps the sector in which this is most searingly obvious. It all boils down to this: Between which entities should money flow take place? The trick must surely be to ensure that the money flow stays here. But how do you compete with global e-commerce?

Ingka Group announces it will use this year’s Black Friday as an opportunity to meet customers’ needs in ways that contribute to a circular economy. For the first time in its 77-year history, IKEA Retail stores in 27 countries will offer to buy back thousands of pieces of unwanted furniture and find them new homes. Anything that can’t be resold will be recycled or donated to community projects to help those most affected by the COVID-19 pandemic.

On October 1, 2020 Globetrotter opened its new flagship store in Schloßstraße 20 in Berlin-Steglitz. With concept, planning, shopfitting and digital touchpoints, the Store Makers of umdasch developed the 4,000 sq m outdoor experience center as general contractor together with the Globetrotter team. The result was a “more than just a reinvention” of a successful brand as a spectacular shopping experience.

London Designer Outlet (LDO) at Wembley Park is launching a new online service, The LDO Edit, bridging the gap between the superior service and experience of physical shopping and the ease of shopping online.

With an occupancy rate over 75%, Etele Plaza has already attracted some of the major fashion tenants. Inditex Group will be present in Buda’s largest shopping and entertainment centre with all of its brands available in Hungary, including Zara fashion store featuring a brand new design concept. Hungary’s first smart plaza located in the immediate vicinity of Etele square is going to open its doors in the third quarter of 2021.

According to a recent study commissioned by centre:mk, one of the UK’s top 10 shopping centres, 49 per cent of adults now own more ‘relaxed’ clothes than ever before. The poll of 2000 adults revealed that Britain has become a nation of fashionable ‘loungers’ due to people now living a flexi-lifestyle.

Fun Street, a two-level interactive family entertainment centre, has officially launched its debut site at Silverburn, one of Scotland’s leading retail and leisure destinations. As part of a phased opening, 75% of the 14,000 sq ft independently owned venue opened to the public on October 5.

On Friday September 25th the world marked Global Climate Action Day, where people around the world called for urgent action to tackle the climate crisis. The global youth climate movement has meant a generation of young people, some of them already leaders and activists are inspiring us and pushing us forwards.