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The shopping center that was opened in 2018 by Multi Corporation in the Polish port city is a prime example of strategic digitalization in retail real estate.
Probably almost everyone in Europe would like to see a return to normality, to where we have achieved herd immunity, infection numbers are controlled, and coronavirus-related restrictions are lifted. Whenever we reach that normality, it will still be a new kind of normal. The coronavirus pandemic will permanently change the way we work, live, and consume – and retailers will also have to find their way in the new world after the acute shock of 2020 and 2021.
A 2019 review and how Black Friday has become the most important annual shopping event. All that, and more, can be found in GfK’s study on key European retail indicators.
In Western Europe, where retail park development has reached maturity, new schemes have to be innovative and compelling. In Central and Eastern Europe (CEE), the market is relatively undersupplied, providing scope for increased levels of development activity. These are the findings of a recent study conducted by Cushman & Wakefield.
GfK has carried out a comprehensive analysis of the European retail scene in 32 European countries. The study examines purchasing power, the retail share of the population's total expenditures, inflation, sales area productivity as well as changes in retail due to eCommerce, as well as a turnover prognoses for 2015. The study will appear in the forthcoming edition of ACROSS Magazine, which will be published in June.
The global clash of digitalization and the pandemic is shaping the economic development of the 20s of this century. It has also led to profound structural changes of historic proportions. The consequences for retail and its accompanying services are equally dynamic and controversial. Food purchases at brick-and-mortar stores increased by 10 percent or more across Europe in 2020 as a result of the pandemic. At the same time, purchases of consumer durables, such as clothing, home electronics, home accessories, toys, sports, and leisure items increasingly shifted from offline to online retail.
During the pandemic, Kaufland’s more than 1,350 large supermarkets established themselves as reliable and footfall-generating food anchors in the European shopping plaza landscape. In an in-depth interview with ACROSS, Dr. Angelus Bernreuther, Head of Institutional Investor Relationship Management and Real Estate at Kaufland, describes the success strategies that lead to a win-win alliance between shopping places and their anchor tenant Kaufland:
European experts comment on the synergy between shopping centers and food anchors, their developments and benefits.
As retail parks become more and more enticing, RegioPlan looks at the market distribution of this asset class across Europe in the following study.
The online course at Solent University was developed with industry experts and teaches additional competencies and practical skillsets required of retail place managers.
As part of the group's digital innovation strategy, NEPI Rockcastle announces for the first time on the local Romanian market the development and implementation of its loyalty mobile application SPOT.
A number of shopping centers have opened their doors in Belgrade over the past few years. In June 2020, BEO, for which MPC Properties is responsible, opened its doors. Development, Technical Operations, and Innovations Director Jovana Cvetković looks back on a time of particular turbulence – not solely due to reasons relating to the pandemic.
How the placemaking industry emerges stronger from the pandemic. Our 10 strategies for future-proof vibrant places.
Ingka Centres, part of the Ingka Group (which also includes IKEA Retail and Ingka Investments) has opened ‘Livat Changsha’, a new 130,00 sqm GLA IKEA anchored mixed-use community lifestyle development in Changsha, the capital city of Hunan Province in south central China
Successful premiere of the ACROSS Company Live Session in cooperation with Sonae Sierra.
The new store located at Yonge and Gerrard Street will bring the IKEA experience closer to urban residents.
Multi recently published its Pan European Customer Monitor + Covid-19 Survey. For Head of Research Mariam Hussain, the most positively surprising result was that 70% of visitors surveyed indicated that shopping centers are valuable places to spend time in and will continue to be especially once the pandemic is over.
Multi is pleased to share the results of the Pan European Customer Monitor + Covid-19 Survey, which analyses responses from 33,000 shopping centre visitors from across 11 countries and 50 retail locations that were assessed in November 2020.
“We remember the impact food trucks have had. Those ideas can be developed further.” | By Chris Igwe
