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Retail

STRATEGIES AND EXPANSION PLANS OF RETAILERS

The first shop in the reshuffling of stores in the center of Vienna has now opened its doors: Louis Vuitton has moved into the former headquarters of Julius Meinl (since 1999; next door, at Am Graben 19, the delicatessen has been open since 1950).

After the shopping center landscape generally had to endure a lot in the past years, a pretty clear résumé is according to RegioData Research finally on the table: Shopping centers are by no means a phased-out model and will continue to dominate the stationary retail sector in the medium term.

For the past 15 years, we have lived in a V.U.C.A. world, one of vulnerability, uncertainty, complexity and ambiguity. In order to be successful in the future, we need to look at places not through the lens of real estate, but through the lens of content, argues Ibrahim Ibrahim, Managing Director of Portland Design.

How would one summarize the last 15 years in retail real estate? Gregory Fonseca, Director of Architecture BDP, expresses it in one word: disruptive. He takes us on an instructive journey through 15 years of retail and retail architecture.

The retail trade of tomorrow will be on show at Euroshop 2023. For ACROSS, Heidemarie Kriz went in search of the most promising innovations. Read the second part of her trade fair report. The focus is on applications from the fields of AI, AR and VR.

For more than 50 years the EuroShop has been a global innovation and information platform and is one of the most important industry events for the world of international retail. Over 1,750 exhibitors coming from 55 countries will be present at the 21st edition of the trade show. Especially throughout these difficult times, the industry is on the lookout for contacts, opportunities and perspectives. Heidemarie Kriz took a look around Düsseldorf for ACROSS.

Over the past few decades, the fashion industry has been characterized by its rapid pace and constant repetition. It was clear to everyone that such a situation would prove unsustainable in the long term. Now, fortunately, awareness has changed in the sense that we are more questions and are more conscious of the things that we buy. Our goal is to live as sustainably as possible in order to achieve balance.

ACROSS presents: Exclusive Study Tour to Lisbon. The world metropolis has always been a center for commerce and marketplaces. Together with Rüdiger Pleus Consulting and the Portuguese Shopping Center Association APCC – Associação Portuguesa de Centros Comerciais – we will examine on May 18th and 19th 2023 how Lisbon promotes innovations and shapes the future of retail.

A crisis forces us to think in new and different ways. It is a challenge – but finally, almost always, it leads up to new ideas and helps to speed up the much-needed change, states Caroline von Westerholt, Head of Strategy & Repositioning of Retail Properties at Twenty One Media GmbH. She explains her biggest learnings from the current crisis.

In the future, cities will have more green spaces than parking spaces for cars. New models of use such as subscription models or special leasing options are already being offered by some providers, the call for more efficient use of vehicles is becoming louder and louder.

Congratulations to all MAPIC Awards winners, who were honoured for their excellence, innovation, and creativity in the retail real estate sector.

The role of shopping center events has changed: So-called “community events” have become increasingly common. They often replace traditional event formats that have dominated the center event scene for many years. André Stromeyer, Managing Director at HBB, and Anita Stampfl, Special Projects Manager at HBB discuss why the situation is the way it is, where the advantages and challenges lie, and why this fact does not make center marketing any easier.

Why should customers visit stores in which they know exactly what to expect? In order to captivate their guests, stationary stores need a network of creative ideas, event plans, a talent for creating narratives, and a considerable amount of boldness. Therefore, some old dogmas have to be thrown overboard.

London’s scene has a new favorite neighborhood that has long been considered trendy: the multicultural quarter of Shoreditch in the Hackney district in the northwest of the center.

People are key to the success of a retail company. However, in order to ensure operational excellence, new approaches to employer branding are needed in the retail sector. The shortage of skilled workers has been a topic of discussion for some time. The effects of the pandemic have exacerbated the situation in many industries.

What does a family business based in St. Veit an der Glan in Austria, roughly 20 km from Lake Wörthersee, do that has been concerned with time for over 45 years? It creates a paradise of deceleration.

In terms of marketing, they are by far the most powerful generation that has ever existed and could be the most useful when it comes to bringing people back to physical stores.

Retail and wholesale will need to continue to invest in digital, sustainability, and people, says Neil McMillan from EuroCommerce. ACROSS spoke with him about the current challenges facing the retail sector, the differences within the various European markets, and how the sector can deal with labor shortage and find a better e-commerce strategy.

We are all still feeling the social and economic disruption caused by the pandemic. The harsher the global impact, the better we should be able to understand each piece of the entire puzzle. The purpose of this article is to open a discussion on an important topic in retail real estate, based on data and forecasts provided by RegioData Research.

The Retail Village brings new up-and-coming concepts, digital marketplaces, quick-delivery specialists, and DNVB together. This focus on new retail brands and concepts from around the world will be introduced at this year’s show.