Retail Archives - Page 2 of 37

Setting The Course For The Future Of The “Limbecker Platz” Shopping Center In Essen

The fashion chain Peek & Cloppenburg Düsseldorf has signed a long-term lease contract to become a new tenant in the Limbecker Platz shopping center in Essen. Union Investment and ECE are setting the course for the future of the center with the first extensive partial letting of the space in the former Galeria store, which is also set to benefit Essen’s city centre in the long term.

LANE7: “WE ARE THE NEW SHOPPING CENTER ANCHOR”

The bowling concept is opening its first location in continental Europe with The Playce in Berlin. The British company’s appetite for expansion does not stop there. Tim Wilks, founder of the concept, explains in an interview why bowling, in particular, is a successful format, how he guarantees footfall for shopping center landlords and other tenants, and which markets and locations are on his list.

Thai Central Group Takes Over The Operation Of Globus In Switzerland

The Thai Signa partner Central Group has completely taken over the operational business of the Swiss department store chain Globus.

“WE DON’T THINK IN TERMS OF INDIVIDUAL CHANNELS – WE THINK AS A BRAND.”

Breuninger has been pursuing a consistent omnichannel approach since 2008. Ideally, customers should feel no difference between the channels. At the same time, the openings in Munich and Hamburg are a clear statement in favor of brick-and-mortar retail. ACROSS spoke with Alexander Entov, Managing Director of Breuninger’s Department Store in Munich, about what positive experiences “made by Breuninger” look like, why there should be no separation between the offline and online worlds, and why customer feedback is ultimately the most important factor.

RETHINKING BRICK-AND MORTAR RETAIL IN ORDER TO REDEFINE SUCCESS IN RETAIL

In an era in which e-commerce has gained significant influence, brick-and-mortar retail faces various challenges. These challenges have created an opportunity to rethink and renew the conventional shopping experience. The Turkish retail world is one step ahead when it comes to experience-oriented retail. Turkish shopping centers and young brands, in particular, offer their customers products as well as experiences that go far beyond shopping. Many brands are bringing this philosophy to Europe as part of their expansion strategies.

Successful Rebranding To “Westfield Ruhr Park”– Shopping And Leisure Destination In Bochum Becomes Part Of The Westfield Network Of Unibail-Rodamco-Westfield In Germany

In the 60th anniversary year, Unibail-Rodamco-Westfield (URW) is crowning the success story of one of the largest shopping and leisure destinations in Germany: Westfield Ruhr Park is the third destination in Germany to bear the internationally renowned Westfield brand name, alongside Westfield Centro in Oberhausen and the development project Westfield Hamburg Überseequartier.

NEPI Rockcastle Acquires Magnolia Park Shopping Center In Poland From Union Investment For 373 Million Euros

NEPI Rockcastle has acquired the 100,000 sq m Magnolia Park shopping center in Wroclaw, Poland, from Union Investment in an off-market transaction. The sale price amounts to 373 million euros. Union Investment acquired Magnolia Park in 2017 for the portfolio of the open-ended real estate fund UniImmo: Europa.

Mango Further Expands Its Retail Presence In The USA

Mango, one of Europe’s leading fashion brands, is strengthening its presence in the U.S. by continuing to execute on its expansion plan in the country.

Rhein-Ruhr Zentrum Brings New Entertainment Concept ADVENTICA To Mülheim

The Rhein-Ruhr Zentrum (RRZ) in Mülheim, Germany, has gained a new anchor tenant: leisure provider ADVENTICA. The owners of the center, Eurofund Group and Signal Capital Partners, have now signed a long-term lease for 3,300 sq m of space. The opening of ADVENTICA’s first German location is planned for the second quarter of 2025, while renovation work will begin in early October.

Cariqa — You Are In Charge

Through its platform, the Berlin-based company Cariqa connects charge point operators (CPO) and customers directly instead of the usual payment concept via e-mobility providers.

Silhouette Group To Open First Store In Vienna

The Austrian Silhouette Group has scheduled the opening of its first Brand Experience store in Vienna for November.

Skyline Plaza Receives Extensive Modernization For Over 35 Million Euros

A good ten years after its opening, Skyline Plaza in Frankfurt am Main, which is jointly owned by Allianz and ECE, is receiving more than 35 million euros for an extensive modernization program. With new tenants and concepts, a revised design and numerous additional offers and services, it is being comprehensively prepared for the future.

Globus Plans To Sell Five German Locations To Kaufland

Market hall chain Globus is planning to sell five of its 65 German locations to its competitor Kaufland.

ambas advises dm on acquisition of high street property in Heidelberg

ambas Real Estate GmbH has advised dm-drogerie markt on the acquisition of a retail property in a prime city center location in Heidelberg.

Malmö Designer Village: A Promising Future With A New Team

The Malmö Designer Village in southern Scandinavia is embarking on an exciting new chapter, now under the leadership of the FREY Group with ROS Retail Outlet Shopping.

Berghaus Unveils Second Standalone UK Store At Gloucester Quays

Outdoor brand Berghaus has opened its second standalone UK store at Gloucester Quays. With this, the popular brand joins the top 10 UK outlet’s line-up of outdoor retailers.

Elliott Hill Rejoins NIKE As New CEO

NIKE announces that Elliott Hill will become President and Chief Executive Officer of NIKE, Inc., effective October 14, 2024. Hill will also become a Director of the NIKE, Inc. Board of Directors and a member of the Executive Committee.

Frasers To Expand In The Benelux Market

As part of Frasers Group´s international expansion plans, the company is to open new stores in the Benelux region.

Unibail-Rodamco-Westfield Pursues Its Deleveraging Progress With The Sale Of Pasing Arcaden In Munich

URW has agreed to sell Pasing Arcaden, a 46,300 sq m shopping center and c. 7,000 sq m of offices and residential, to Ingka Centres, for a net disposal price of 388 million euros.

Premium Retail Brands’ Shift Towards Outlet Centres Drives 25% GLA Expansion At VIA Outlets’ Landquart Fashion Outlet ‘Swiss Alpine Gateway’

VIA Outlets has initiated a development project to expand the sales area of its Landquart Fashion Outlet in the Greater Zurich Region by around a quarter, as premium retail brands follow European consumers and shift their focus from full-price retail on the high street to the outlet center format in search of greater value and volumes.

GAP Returns To Poland After 10 Years With New Opening At Designer Outlet Warszawa

Almost 320 sq m – this is the area of the first GAP outlet store opened after years of absence in the Polish market. The brand chose Designer Outlet Warszawa as the place to return to the country, with a large outlet store that has a wide range of clothing for all ages.

RegioData: Mega Shopping Centers In Europe

No other European country has more mega shopping centers than Spain. Of the total 640 shopping centers in Spain, 74 have a leasable area of 50,000 sq m or more. The total leasable area of Spanish mega centers amounts to approximately 4.1 million sq m. Germany, on the other hand, currently has “only” 48 such mega centers but boasts a larger number of mid-sized shopping centers between 30,000 and 50,000 sq m.

LANE7 GROUP STRIKING OUT ACROSS EUROPEAN LEISURE MARKET

As part of its ambitious strategy to grow the number of sites it operates, entertainment and leisure operator, the Lane7 Group, has announced the opening of its first venue in continental Europe at The Playce, Potsdamer Platz in Berlin in September, as well as two venues opening in Dublin in the coming months. While continuing the pace of its UK expansion – with a second London venue, in Camden, opening in October – Lane7 now seeks to grow its European portfolio by some 10 venues over the next 2 years.

Around Half Of The Body Shop Stores In Germany Will Be Saved

Entrepreneur Stefan Herzberg will take over 21 of the former 45 German branches with immediate effect.

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