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ACROSS

Retail

STRATEGIES AND EXPANSION PLANS OF RETAILERS

On August 22, the first Pepco branch opened in an MEC center in Weisseritz Park Freital. /// credit: MEC

MEC leases 90,500 sq m in the first half of 2023

MEC again increased its rental performance compared to the already strong prior-year period. The contractual partners include Woolworth, Ernstings Family, Takko, C&A, Media Markt, Kaufland, Deichmann, Aldi, Rossmann, Kik and alltours.

credit:bucherer

Rolex takes over Bucherer jewelry chain

The family business Bucherer was founded in 1888 in Switzerland, is in the 3rd generation and is led by Jörg G. Bucherer as Chairman of the Board of Directors. The headquarters are located in Lucerne, the company has more than 2400 employees.

credit: Retail Customer Experience

On the way to the smart store: GRR Report shows opportunities for digitalization in retail real estate

Digitalization in the retail sector is in full swing. This is leading both to a changed shopping experience for customers of local suppliers and discounters and to simplified processes in the management and purchase and sale of retail real estate. However, retailers should be mindful of customers’ interests when using artificial intelligence (AI) in sales. While functioning digital systems are important, completely digital smart stores without personal support miss the mark when it comes to consumer needs. This is shown in the third GRR Basic Retail Report, which GRR Group is presenting with its cooperation partner Savills.

credit:waterdrop

waterdrop opened store in Europark Salzburg

waterdrop is one of the best-known microdrinks, with stores openings all over the world. Now the wish of the founders has come true, which they already had in the founding year 2017: their own store in the Europark in Salzburg.

credit:madeleine

Madeleine is looking for new investors

For over 40 years, the German fashion company Madeleine has been known for high fashion, business fashion, basics, accessories, lingerie and swimwear in about ten fashion collections per year, which are sold online or by catalog throughout Europe.

credit:aida

Confectionery Aida on expansion course

The Aida story began in 1913 with the founder Josef Prousek and his wife Rosa. Their name was the motto for the pink design, and his favorite opera Aida served as the namesake.

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THE RETAIL AND HOTEL INDUSTRY - A LONG-LASTING LOVE STORY?
From fashion capitals selling luxury products to bustling marketplaces peddling local goods, the shopping available at certain destinations is a powerful draw for many tourists. Shopping and vacations have always been closely linked. In the same way, the retail and hotel asset classes have always been interdependent.
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