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STRATEGIES AND EXPANSION PLANS OF RETAILERS

Plaace is a rapidly growing Norwegian tech startup aiming to create vibrant streets and cities with a platform fuelled by state-of-the-art analytics and newly available data sources to enable smarter decisions for every actor involved in the retail sector.

For Designer Outlet Parndorf, the first six months of the year were already a success story, and the 160 or so popular luxury, designer and sports stores, long opening hours until sunset and the gastronomic offerings once again brought numerous customers to the center during the summer months, shared the designer outlet in a recent press release.

ROSSMANN has long been known and loved by Swiss customers who previously had to travel to Germany to do their shopping. Despite initial plans to open its first store next year, the drugstore company secured the opening for already this year, with more to follow.

This fall, H&M Beauty opens its first ever Swedish flagship stores, offering customers an elevated and inspiring in-store experience with an upgraded and reimagined brand portfolio across all categories as well as in-store services.

The City Center Amstetten shopping center is planning a new food court area that will offer even greater culinary variety. umdasch The Store Makers, the Amstetten-based shopfitting and design expert, is responsible for the concept of the new food court.

Several companies have expressed interest in Breuninger, including both financial investors and retail companies. On the basis of an enterprise value, the Breuninger Group could be sold for approximately 2.5 billion euros.

Foot Locker plans to shut down stores and e-commerce operations in Denmark, Norway and Sweden. This will result in the closure or transfer of operations for approximately 30 stores of the company’s 629 stores in Europe, expected to be completed by mid-2025.

The General Store, an Australian consulting agency, presented the 50 coolest stores in the world at the World Retail Congress in Paris. According to the consulting agency, the so-called coolness factor is of great importance at the moment: in addition to design, service, and impressive experiences, creativity, cult status, and commercial viability were decisive factors in the evaluation.

Marks & Spencer is making preparations to launch a new format store in the shape of a standalone branch, offering a curated selection of its womenswear, menswear and beauty ranges.

Fiba Commercial Properties, a leading investor in commercial real estate in Turkey, Europe, and the Far East, continues to distinguish itself with remarkable achievements. Notably, its İnegöl AVM and Downtown Bursa Life and Entertainment projects have made a significant impact, earning spots as finalists in the prestigious Global RLI Awards 2024—one of the highest honors in the retail and entertainment sector.

NEPI Rockcastle achieved a 13.5% increase in net operating income (‘NOI’) in the first half of 2024 compared to 274 million Euro compared to 241 million Euro in H1 2023. On a like-for-like basis, NOI was 10% higher in H1 2024 compared to H1 2023, excluding the impact of developments completed after 30 June 2023 and industrial property sold in January 2024.

The Swiss fashion company Bally has a new owner. A subsidiary of the investment company Regent has taken over Bally International A.G., which belongs to JAB Holding, the investment banking company announced on Thursday.

The Westfield Hamburg-Überseequartier shopping center is once again struggling with water damage. According to the fashion news portal FashionUnited, a few weeks ago there was an “isolated technical problem” in a “small section of the construction site”, causing rainwater to penetrate into “a few rental spaces”.