We did find the following entries for: retail food and beverage
“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.
The Liberty Romford in London has secured planning permission for a 2,600 sq m two-tier Food Hall as well as modernizing the center’s exterior façade along Western Road.
Towarowa 22 is a plot of about 6.5 hectares located in the Wola district in Warsaw (Poland). The owners are EPP and Echo Investment. Hadley Dean, CEO of EPP, explains the project’s retail component.
Recruitments, promotions and appointments in the European Retail Real Estate Industry.
Food courts are taking over German shopping centres. Having originated in the US and the UK, the trend has now arrived in Germany. A comprehensive range of restaurants and cafés is seen as an antidote to booming online retail in sectors such as clothing, shoes and electronic goods.
Following the recent opening of ICON Outlet, a 210,000 sq ft premium urban outlet development by AEG and Crosstree Real Estate Partners, The O2 has announced a new wave of restaurants set to open shortly, cementing its position as the best destination for world-class retail, dining and entertainment.
A taste of Asia is coming to Basingstoke’s Festival Place with the arrival of not one, but two new f&b operators expanding the wide menu of dining choices at the region’s leading retail and leisure destination. Independent Japanese restaurant The Sushi Maki and Kokoro, offering a palatable menu of East Asian dishes, have both signed up to open at the 1.1 million sq ft shopping centre.