Luxury is more resistant than any other retail segment – especially in times of crisis. However, consumers are changing. For the new consumer generation, luxury has a new definition. Both brands as well as retailers have to adapt to this development.
Retail outlet centers, known for their brand-lead discount store formats and offers, have seen a significant leap in retail and leisure brand growth in the past year, according to a
newly-released industry report.
The biggest challenge facing the F&B industry is the cost of doing business. While the coronavirus has run its course through the markets, operators are struggling to return to profitability in the face of current economic challenges. Ian Hanlon, Director of Coverpoint, explains how the current challenges can be addressed and highlights trends in the shopping center food scene using best practice examples from the industry.
The 170 sq m store offers cool and uncomplicated looks for trend-conscious men. As an additional service for goods that are not currently in stock, customers are offered delivery by post within three days.
Technology will shape the shopping malls of the future, making them more efficient, customer-focused, and sustainable. David Fuller-Watts, CEO of Mallcomm, explains.
At EuroCIS, The Leading Trade Fair for Retail Technology, numerous companies will once again be presenting solutions and products with which retailers can shape and secure their future, true to the motto “Go beyond today”. Detailed solutions for merchandise & supply chain management, POS software and hardware, HR, robotics, security & loss prevention, cash management and pricing will be on offer.
In an in-depth interview and a comprehensive case study of a shopping center, Oliver Zügel and Steffen Konrath from the AI company evAI Intelligence GmbH show the potential of site evaluation using data analysis and artificial intelligence.
Buildings are one of the main contributors to CO2 emissions: They are responsible for nearly 20% of greenhouse gas emissions worldwide. In addition, maintaining inefficient building systems costs real estate companies dearly. As Martin Gruber, Director Europe at BrainBox AI, explains, BrainBox AI is the market leader in Autonomous Decarbonization services to accelerate your decarbonization journey powered by Artificial Intelligence.
Since Finland’s first shopping center loyalty club app launched in June by Seppä Shopping Centre, results have been better than expected beforehand as close to 10.000 visitors have opted in to the loyalty program.
The retail park: a cornerstone of modern consumer culture that has long been a popular destination for shoppers seeking convenience, variety, and an all-in-one shopping experience. As technology and consumer preferences continue to evolve, the future of retail parks faces both challenges and exciting opportunities. Joseph Jarvis, Content Marketer at Chainels, explores how retail parks are likely to adapt and innovate to remain relevant in the rapidly changing retail landscape.
Europe’s third largest listed retail real estate company by portfolio size, NEPI Rockcastle, delivered a 23 percent uplift in Net Operating Income (‘NOI’) for the first six months of 2023 (‘H1 2023’) to 241 million Euro. Distributable earnings per share increased by 24.9 percent to 28.52 eurocents for H1 2023 compared to H1 2022.
According to a recent CBRE study, while emerging European e-commerce markets such as Italy and Spain have seen the pandemic trend of increased online shopping become entrenched, more established e-commerce markets such as Germany have returned to their pre-Corona growth trajectory since the pandemic subsided.
The leasing performance could be increased by more than one third compared to the already strong first half of the previous year. Furthermore, the retailers in the centers recognized a positive sales development.
The EUROPEAN SUPERMARKET MAGAZINE presents the most extraordinary supermarkets in Europe every year. In it, the SPAR Gourmet on Fleischmarkt in Vienna was included in the league of the finest and most beautiful grocery stores in Europe.
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