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Sustainability | Stay well informed on the issues of today and tomorrow!

A recent study by RegioData Research, which analyzed online stores, shows how Austrians shop on the Internet. The results are sobering: only 27% of sales remain in Austria.

Over the past ten years, the food retail sector has recorded sales growth of well over 35 percent, and last year’s figures for 2020 confirm the steady growth with annual sales of around €190 billion.

The global clash of digitalization and the pandemic is shaping the economic development of the 20s of this century. It has also led to profound structural changes of historic proportions. The consequences for retail and its accompanying services are equally dynamic and controversial. Food purchases at brick-and-mortar stores increased by 10 percent or more across Europe in 2020 as a result of the pandemic. At the same time, purchases of consumer durables, such as clothing, home electronics, home accessories, toys, sports, and leisure items increasingly shifted from offline to online retail.

During the pandemic, Kaufland’s more than 1,350 large supermarkets established themselves as reliable and footfall-generating food anchors in the European shopping plaza landscape. In an in-depth interview with ACROSS, Dr. Angelus Bernreuther, Head of Institutional Investor Relationship Management and Real Estate at Kaufland, describes the success strategies that lead to a win-win alliance between shopping places and their anchor tenant Kaufland:

European experts comment on the synergy between shopping centers and food anchors, their developments and benefits.

A number of shopping centers have opened their doors in Belgrade over the past few years. In June 2020, BEO, for which MPC Properties is responsible, opened its doors. Development, Technical Operations, and Innovations Director Jovana Cvetković looks back on a time of particular turbulence – not solely due to reasons relating to the pandemic.

How the placemaking industry emerges stronger from the pandemic. Our 10 strategies for future-proof vibrant places.

With 10 days to go, the MIPIM September Edition programme is complete and will feature a line-up of high-end property industry professionals. MIPIM September Edition will mark the return of face-to-face meetings and feature as the major international real estate and city event of the autumn season.

Balfin Group organized the first edition of Balfin Retail Forum in Tirana. The forum brought together executives and managers from SPAR, FGA, OnSolutions, Jumbo and Neptun, from Albania, Kosovo and North Macedonia, to discuss consumer trends, digitalization and the future of retail. The event was moderated by Julia Goga-Cooke, trainer in entrepreneurship, innovation and interpersonal skills. Retail Vice President, Julian Mane, was also present.

Probably almost everyone in Europe would like to see a return to normality, to where we have achieved herd immunity, infection numbers are controlled, and coronavirus-related restrictions are lifted. Whenever we reach that normality, it will still be a new kind of normal. The coronavirus pandemic will permanently change the way we work, live, and consume – and retailers will also have to find their way in the new world after the acute shock of 2020 and 2021.

“According to a study by Simon-Kucher & Partners, customers miss brick-and-mortar retail, with 90% of respondents indicating that they are looking forward to being able to visit local stores again once the lockdown has been lifted.”