We did find the following entries for: retail food and beverage
The online event was dedicated to the Covid-19-related question: European Outlets–back to normal? A large and prominent expert audience followed the discussion.
Plans have been unveiled ahead of the reopening of London Designer Outlet, the capital’s leading fashion and lifestyle outlet centre, and wider retail at Wembley Park, one of the largest and most all-embracing urban development’s currently underway in Europe. Retail will start to open from Monday 15 June, in keeping with the Government’s lifting of coronavirus lockdown restrictions. Restaurants and Cinema will follow Government advice and plan to open as soon as possible.
The Covid-19 pandemic will cause lasting change in the way that we live, work, play, and particularly in the way we shop.
If tenants experience a substantial drop in turnover–25% or more – they can convert the quarterly advance payment of rents into monthly rents and, if necessary, can request a month by month rent deferral, provided they substantiate their request with information regarding turnover.
AG Real Estate, which owns and manages, among other properties, 7 shopping centres representing ca. 300,000 sq m of retail floorspace, is very sensitive to the difficulties faced by retailers. Aware of its role as a retail property manager, it is adopting a policy to support its Retail clients.
Considering the economic impact the Coronavirus has brought along in its midst, Geoblink, the Location Management platform powering the new retail, has decided to help the sector by launching an open portal today for professionals of the retail ecosystem to consult and monitor the impact COVID-19 is having on different territories and industries through the use of population movement and consumption data across the United Kingdom.
“As in all crisis, we should bear in mind that there is always a ‘before’ and an ‘after’. We should focus on the latter.”
Who benefits from these extensive store closures in Europe? Some experts see online retail as the big winner. But this is not necessarily the case.
The experience economy has driven changes across all economic sectors in recent years, and retail has experienced some of the most radical, yet interesting ones, opening new paths for business by interacting with other industries such as travel. Shopping tourism is showing its power as a business driver and, at the same time, it is pushing a deep transformation of the industry that will guarantee growth and development in the short and long run.
As every year, innovative developments are due to be presented in Cannes – many of which will feature a retail or placemaking component.
The portfolio of 16 outlet centres in Europe welcomed over 45 million visitors.
ICON Outlet at The O2 has reported bumper Christmas trading with like-for-like sales growing by 39% during the holiday period from 23 December – 5 January, benefiting from a 34% increase in destination footfall to The O2 (excluding customers to The O2 arena).
“Co-working spaces, medical centers and kindergartens will also increasingly find their ways into malls, thereby shaking up tenant mixes.”
Hines is the asset manager of The Centre, which is one of Scotland’s largest covered shopping centers, located in West Lothian.
“Recent research carried out by Leisure Development Partners, in cooperation with Mapic, has shown that introducing a leisure concept into a retail space increases its footfall by up to 4 percent and the retail spend by up to 16 percent.”
The 67,000 sq m next generation retail centre will have a focus on place, experience and convenience.
Location marketing becomes increasingly important. This is the way to sustainably boost a shopping center’s frequency and revenue.
AEG and Crosstree Real Estate Partners have announced the international debut of Australian F&B brand Butcher and the Farmer at The O2, signing a farm-to-table concept focused on shared dining.
Three upcoming and independent London brands - Koi Ramen, The Tap In and Dima Beautiful - have signed leases for space within the heart of the Elephant Park development emerging in south London.
The growing importance of entertainment, food, digitization and services gives new impulses for existing and new outlet centers.