- In the meantime, the German department store chain Galeria Karstadt Kaufhof, which previously belonged to René Benko’s Signa Group, is planning a new start with a new name. Signa Retail GmbH is insolvent, as announced by AKV, Creditreform and KSV1870. Debts of 1.13 billion euros to 26 creditors are offset by assets of only 1.51 […]
- “Zorlu Center was my biggest surprise during our study tour to Istanbul in April this year. Istanbul has more than 120 shopping malls, but Zorlu Center is one of the outstanding ones. The center features a luxurious shopping center, a center for performance arts, a 5-star hotel, offices, and residences. However, it is not only […]
- Located in Bratislava city center, Downtown Yards “High Fashion of Living” is sure to appreciate in value, and this reliable and high-quality project by leading developer J&T Real Estate (JTRE) will be a sought-after downtown destination. Situated beside a quiet neighbourhood with detached houses, this unique place in the city center blends the calmness of […]
- ACROSS: JTRE is an urban developer with more than 25 years of international experience in the market. Please give us an overview of your company. PAVEL PELIKAN: Our approach is to develop cities’ potential responsibly by encouraging contemporary architecture and supporting sustainable urbanization. We focus on creating vibrant neighborhoods and integrated urban districts for life […]
- ACROSS: ACROSS: The expanded Eurovea Shopping Center was opened a year ago. How has the response been since then? Did the footfall meet your expectations? OLGA HAMMER: A year ago, we opened a new shopping arcade, and since then, we have received an extremely positive response, even winning first place in the category of shopping […]
- Dear Reader, We are pleased to present our latest online special to you. We spend far too much effort discussing the industry’s challenges and far too much time focusing on adverse developments. Yet our industry has so much to offer. For example, we recently returned from our ACROSS Study Tour to Istanbul. Over four days, […]
- The falling inflation rate is also having a positive impact. Increasing consumer optimism could lead to a recovery in private consumption in the coming months. Compared to the previous month, consumers’ propensity to buy has increased further, which may boost private consumption in the coming weeks. However, consumers are also planning to increase their savings […]
- “Despite the growth in the market volume of shoe retail, private consumer spending is declining. In view of this development, a clear, differentiating positioning that is characterized by an offer tailored to customer needs and excellence at the POS is becoming the decisive answer to the changing market and is essential for future success in […]
- The retailer said its new 70 sq m location in the shopping center will serve as a “blueprint” for its stores going forward. The new store, which offers a flexible shop fit, houses the brand’s new spring summer collection and lifestyle ranges. “We have created zoned areas in the store to allow the customer to shop […]
- The discounter has also been optimizing and enhancing its existing estate. This has included the completion of an extension to its Welsh distribution center in Bridgend, along with significant progress in its Belvedere warehouse expansion, which will result in its size and capacity being doubled once the project is complete. It also introduced enhancements to […]
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