Retail

STRATEGIES AND EXPANSION PLANS OF RETAILERS

The extent to which a retailer can satisfy the needs of its customers significantly depends on the technology it utilizes and masters. Consumers have become accustomed to the often highly individualized approach provided by e-commerce, and they expect the same in the brick-and-mortar environment. Technology stands ready to meet the challenge.

According to MAPIC Director Francesco Pupillo: During times of transformation, we have to guide people in a better and more intensive way. Therefore, he wants to increase the value enjoyed by the attendees of this year’s MAPIC by, among other things, connecting them via special events and focusing more attention on new and innovative retail models.

First the coronavirus, then the war in Ukraine: Rising inflation and supply chain issues are causing panic, leading to consumers to buy again. Professor Stephan Rüschen speaks with ACROSS about justified fears, current supply shortages, and why transparency is the order of the day for all retailers.

Consumer behaviors and the business environment are changing fast under the global circumstances. Therefore, it is critical for real estate development companies to keep a pulse on both. The consumer is today at the heart of business more than ever before, say Jovana Cvetković and Nemanja Bućinac from MPC Properties.

Vienna’s Neubaugasse in the seventh district has developed well in recent years. It has once again become a shopping street with many specialty stores and places to sit and linger. Strolling around here is fun again.

The fashion company Pull&Bear, a brand of the Spanish Inditex Group, opened a flagship store in the leisure and shopping center on Berlin’s Alexanderplatz. It is the second store of the fashion brand in Berlin and the first store in a Berlin shopping center.

This time, our recurring online event, ACROSS Retail Talks, this time, took a close look at what food anchors mean for the profitability of a location’s success, how the collaboration between the involved stakeholders works, and why flexibility is not only the key learning from the pandemic, but also the key strategy for the future.

Without a doubt, outlets are an outperforming retail format. Therefore, it is a very dynamic sector. Dominic Brady, Partner at KLM Real Estate, explains the current trends outlet operators are facing from the brands and consumers’ perspective.

The O2 has announced that Icon Outlet in London will be reopening its doors to visitors from Friday 18 March, just one month to the day since Storm Eunice damaged the roof of the music, leisure, and entertainment venue.

German non-food retailer, TEDi, and the Austrian chain of sport stores, Hervis, will open their shops in newly emerging retail parks in Romania developed by the Polish company Scallier. In total, the new stores will occupy an area of ​​nearly 5,500 sq m in the facilities located in Timisoara, Vaslui, Mosnita, Turda (TEDi) and in Vaslui and Turda (Hervis).

The search for regional products for small, innovative businesses is often time-consuming. How can local producers, start-ups, and small manufacturers bring their goods to customers as authentically as possible without taking on a lot of risk? Quite simple: They rent a “Fachl” for a limited period of time – a fruit crate measuring 50 cm × 40 cm × 30 cm.

The fruit gummies and licorice specialist opened its tenth Haribo Deutschland store on 212 sq m at Westfield Centro in Oberhausen. In addition to the well-known products and merchandise, customers can look forward to a candy bar with a pick & mix station.

RegioPlan Consulting is inviting to the 24th Retail Symposium in Vienna, at Palais Ferstel on May 11, 2022. At this event, international trade and real estate managers as well as investment experts gather to exchange views and perspectives on industry trends.

The leading Outlet Operator in Spain and Portugal and the second-largest Operator in Europe, has announced a steady recovery at its Outlet Business in 2021.

The multifunctional Norblin Factory opened in September last year and is gaining more and more tenants. The project’s investor, the Capital Park Group, has signed lease contracts with another six concepts which will soon join the revitalized complex at Żelazna Street.

London Designer Outlet (LDO) has announced that Nike is set to increase its footprint at the center by more than two thirds, as the fashion and lifestyle destination prepares for a year of new brand arrivals.

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