I have been watching with interest the change in fortunes of the large supermarkets, both in the UK and across Europe. Consumers have demanded “more and different” from their regular retailers and the discounters have stepped up and delivered it.
The beginning of a new year is always an exciting time. Around the world, there is a sense of starting again, having a clean slate on both a personal and professional level, and, of course, looking forward to the next 12 months.
In an article for the textile industry entitled “The party is over,” which appeared after Expo Real in Munich, Jörg Nowicki described the reluctance of retailers to rent new spaces. As it turns out, there is, in fact, a significant imbalance between the bullish investment market in commercial real estate and the slowing desire for expansion among retailers.
As in past years, the top players in the industry are providing a glimpse at their current retail projects at MAPIC in 2015. ACROSS makes a foray into the most extraordinary new developments, extensions, and refurbishments to be presented in Cannes.
In an interview with ACROSS, Michael Scheithauer, CEO of the internationally active Barthelmess Group, explains the increasing importance of visual marketing and why facades will become ever more vital in the future.
The Spanish economy seems to be recovering. Nowadays, the country enjoys growth forecast at 3.1% according to the IMF, and consumer confidence is increasing in view of the latest public data. Many things have improved, but it is necessary to continue working on reducing unemployment rates and on making family spending growth possible.
In an interview with ACROSS, John Coyne, the new Chief Executive of the British Council of Shopping Centers (BCSC), argues decisively for the relaxation of Sunday trading laws in the United Kingdom. His aim in general is for the industry to be even better heard by the government.
Many retailers do not have retail parks on their radar. The concentration principle Immofinanz is following with its Stop.Shop. chain will change all that. Nicolas Fernandez de Retana, the new Director Asset Management Retail Europe, explains how it works.
As the economy improves, Grant Poje, Vice President of WhiteWater for the EMEAR Region, sees increasing demand for waterparks in Europe. The Vancouver-based company is targeting locations in shopping centers.
Miguel Pereda, Board Member of Lar España, announced new transactions over the upcoming months in an interview with ACROSS. The Spanish company intends to invest more than €1 billion before the end of this year.
We are in very exciting times for the foodservice industry and for foodservice in general. The growth opportunities are tremendous, with new units opening every day in cities, towns, railway stations, airports, and, of course, shopping centers.
The traditional shopping center market in the country appears to be becoming saturated and investors are now seeking other “niche” retail formats.
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