STRATEGIES AND EXPANSION PLANS OF RETAILERS
Revcap has sold six Metro stores with a total leasable area of ca. 130,000 sq m to Israeli fund manager MiDEAL Real Estate Funds.
One of the first anchor tenants signs a lease for the Stern Center in Sindelfingen (Baden-Württemberg) which will be transformed to a hybrid center. tegut... is represented with around 290 supermarkets in six German states.
FOM Invest has leased around 7,600 sq m of retail space in the Linden district in Hannover to the retail chain Edeka.
Deutsche ImmobilienGruppe (DI Group) concluded ten new and follow-up leases for 7,200 sq m in its Berlin shopping center Forum Köpenick.
Deutsche Immobilien Group (DI Group) welcomes EDEKA as new tenant at its property in Dülmen (NRW). The food retailer, which has signed a long-term lease, will take over the 9,346 sq m space on November 30.
Grosvenor Britain & Ireland (GBI) announces the selection of Liverpool ONE by Bershka for its regional debut. The 743 sq m flagship is set to open early next year.
Supermarket Income REIT has acquired a Sainsbury’s supermarket in Swansea, South Wales, and a Tesco supermarket in Maidstone, Kent, from Argo Real Estate Limited for a total purchase price of £73m.
At Wiedner Hauptstraße 66 in Vienna, a corner store offers a wonderful variety of products and experiences that are a joy to behold. The family business, which is now run in the 2nd generation by Martina Wallner-Morin and her husband David Morin, exemplifies what we lack in many places: Authenticity, a commitment to tradition, a focus on regionality paired with modern standards.
Japanese-inspired lifestyle brand Kenji has chosen Manchester’s Trafford Center for its new 4,000 sq ft flagship store, open now. The store is the first to feature an on-site sushi-to-go bar, offering freshly made sushi every day.
German-owned discount supermarket Aldi will open a new branch at the retail park later this year with discount store Home Bargains set to arrive in early 2022.
After several months of renovation work, the traditional Viennese gourmet food store Julius Meinl on the prestigious Graben in Vienna presents itself in new light in the middle of the exclusive pedestrian zone.
What does that really mean? Retail professionals have been engaged in this discussion for decades. The idea of creating physical, emotional shopping experiences has become an integral part of the retail discussion since physical, brick-and-mortar retail began to decline in popularity.
Following the rapid market exit of shoe retailer CCC from Austria, space in SES shopping centers was quickly allocated to new partners. The Polish discount retailer acquires attractive retail space and will open six new Pepco stores this year.
“Looking at the digital transition, ECSP members are certain that the future is omni-channel.”
For some time now, Berlin Mitte has featured a center with a wow effect: the H&M “Mitte Garten” at Neue Schönhauser Straße 13.
The recurring online event on all things retail welcomed four topnotch panelists who discussed current and future developments in the retail landscape and the necessary futuristic and innovative thinking to stay ahead.
“Outlets benefit due to their out-of-town locations. As a consumer, you are able to park outside and quickly walk to your store of choice in a relaxed, open environment.”
The Outlet City in Metzingen in the German state of Baden-Württemberg has added another attraction: the L’Osteria restaurant at the Enzian Höfe. In its role as the general contractor, umdasch The Store Makers led the project through the turbulent period of the pandemic, thereby allowing the restaurateurs to focus on their favorite task – providing hospitality.
As if retailers in German city centers have not had enough to contend with in recent years–primarily driven by growing competition from online retailers–now they are also confronted with even bigger economic problems due to the Corona pandemic and the associated restrictions and closures. A continuous analysis of visitor development by GfK shows what has actually happened since the start of the pandemic, who the losers and even bigger losers of the pandemic are, and what the future holds.
Europe's food retailers are being put to the test by the eco- nomic consequences of the natural disaster Covid-19. This is a very special kind of weather situation. While non-food retailers and the food service industry are in sheer despair in the face of the calm caused by government-imposed lockdowns, the "system-relevant" food retail sector has been confronted with a veritable storm tide since the sec- ond quarter of 2020.
