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Iso Omena strengthens its position as number one shopping center in Espoo (Finland)

The supply of grocery stores at Iso Omena will continue to be strong in the coming years, as Kesko and HOK-Elanto have entered into long-term extension agreements with Iso Omena. Iso Omena’s comprehensive grocery offering was also reflected in last year’s result, as Iso Omena became the largest shopping centre in Espoo and the second largest in the whole country in terms of sales.

SES Shopping Centers: New Contracts Signed with the Bestseller Group

The opening of new stores across SES shopping centers has continued unabated: The Danish Bestseller Group is set to open a total of four new “Jack & Jones” (young men’s fashion & denim) and “Only” (young women’s fashion & denim) stores at the SES-managed Weberzeile Ried, MAX.Center Wels, and Gerngross Vienna shopping centers by fall.

Sparkasse OÖ opens modernized shopping center

The 25-million project “Linzerie” was recently opened in Linz’s city center after two years of reconstruction, commissioned by Sparkasse OÖ and in cooperation with Plötzl Plötzl Arch+Ing, Nopp Innenarchitektur GmbH, and the Berlin-based dan pearlman Group and their creative agency “spring”.

Decentralization and the future of retail in German city centers

As if retailers in German city centers have not had enough to contend with in recent years–primarily driven by growing competition from online retailers–now they are also confronted with even bigger economic problems due to the Corona pandemic and the associated restrictions and closures. A continuous analysis of visitor development by GfK shows what has actually happened since the start of the pandemic, who the losers and even bigger losers of the pandemic are, and what the future holds.

Kaari Shopping Center increases its offerings with new tenants

Kaari Shopping Center is, with its ~50,000 sqm, the sixth largest shopping center in Helsinki Metropolitan Area. With a combined area of ~5,000 sqm, the new tenants are retail company Tokmanni and JYSK as well as Gigantti (Elgiganten), the leading Nordic chain offering home electronics and appliances. The center also hosts Prisma Kaari, the largest hypermarket and grocery store in Finland, currently doing a concept renewal to further improve its offering and customer experience.

Decathlon launches new format store in Moscow neighborhood center

French sporting goods retailer Decathlon opened its first pop-up kiosk in Moscow which is located in the Mesto Vstrechi Angara (Meeting Place Angara) neighborhood center. The new format is a small shop with a click & collect service that will be open for the next five months.

Acteeum regional retail park, Koszalin Power Center in Poland, attracts big brands

Dynamic development of the new Acteeum and Leroy Merlin project – the largest shopping complex in the Koszalin region – attracts well-known brands. Among them the most notable will be Leroy Merlin, Lidl, Agata Meble and LPP group stores – House, Cropp and Sinsay. The growing group of tenants expands hand in hand with the rapid progress of works aimed at commencing the construction of the project, which is expected in the second half of this year.

MEC offers corona rapid test centers for customers

The first test stations open at 22 MEC locations in twelve federal states, with more to follow. In addition to the luca app and hygiene measures, the greatest possible protection when shopping is possible.

Neighborhood centers in Moscow’s suburbs see recovery in footfall

ADG group, a Russian development company, shared its results for the first quarter of 2021. As the government in Moscow has officially lifted restrictions and started free vaccinations, brick & mortar retail in Russia is on the road to recovery after the impact of the pandemic and ADG’s chain of neighborhood centers is poised to demonstrate strong dynamics.