Search Results for: shopping center – Page 13

The current largest shopping center development project in Switzerland is the Mall of Switzerland in Ebikon, near Lucerne. ACROSS wanted to ask Marcel Stoffel, Managing Director of the Swiss Council of Shopping Centers (SCSC), how he views the project and what he sees as the future prospects for the Swiss shopping center industry.

There are currently 189 shopping centers in Switzerland with sales area greater than 5,000 sq m. This includes five largest railway stations and airport shopping in Zurich/Kloten. Last year, there were just 182 centers.

From consumer goods to the shopping center industry, the term “Big Data” has reached the shopping center world. It is the new buzzword in the business. But what is it and is it really so important? I think it is.

The UK currently has 23 sq ft of retail space per capita. Although this is half the rate found in the US, it is significantly more than in other developed countries like Canada (13 sq ft) and Australia (6.5 sq ft).

Blackstone Real Estate Partners Europe IV announced that it acquired an additional three assets in Portugal and Spain, which will be managed by its European retail platform, Multi Corporation.

Shopping malls – in the form of bazaars or antique market halls – have been around for almost 2,000 years. It took until 1956, however, for the first “modern” integrated shopping mall (under one roof) to be opened – the Southdale Center in Minneapolis (USA).

According to Regio Data’s most recent report, while brick-and-mortar retailing throughout Europe has been in decline for years, factory outlet centers are developing magnificently. In total, the sales area of the 180 outlet centers is already around 4.6 million sq m, compared with 3.3 million sq m a decade ago. This results in an increased rate of almost 40% – and another 18 projects are in the planning stage.

After last year’s huge success, the second trade fair for D2C brands will take place from November 14th until December 10th, 2022, at Berlin’s ALEXA shopping and leisure center. 12 Direct Brands will present their products offline at ALEXA. A shopping experience for all the senses that even the best online store cannot offer will be created in the innovatively designed showroom with the help of art installations and a lounge area, food tastings and cosmetics workshops. A win-win-win for the brands, the customers and for ALEXA.

Germany is known as a land of bargain hunters; hardly any customers are as price sensitive as Germans. It is therefore all the more astonishing that Germany has the fewest outlet centers in Europe. For every 1,000 inhabitants, there are 2.6 square meters of retail space – Austria has 8.3 square meters, Great Britain 8.6 square meters and Italy, the frontrunner, 9.1.