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ACROSS

Retail

New brands at Westfield Hamburg-Überseequartier include (from left to right) VIU, DJI, Swarovski, New Zealand Auckland, and many more. /// credit: VIU, URW, Swarovski, NZA, Saguez & Partners

Westfield Hamburg-Überseequartier: A dozen more partners on board, continuing differentiation in the brand and concept mix

Unibail-Rodamco-Westfield (URW) Germany announces twelve more partners for the retail sector of the mixed-use quarter in Hamburg’s HafenCity. Through the new partnerships in accessories, jewelry, beauty, technology, fashion, and more, the company ensures further differentiation within the brand and concept mix and once again brings a number of global brands and trend labels on board.

HBB welcomes the first stores to the Husemann Karree business district in Bochum in Building A. /// credit: RKW Architektur+, HBB

HBB opens section A of Husemann Karree

HBB celebrates the opening of component A of Husemann Karree on the square of the same name in Bochum. In the mixed-use business quarter, the department store Woolworth, the food market Rewe Mert and, in addition, the textile retailer KULT (OLYMP&HADES) will open in component B on October 19, 2023.

Retail Opening Hours in Europe: Regulations vs. consumer interests

Most European countries have regulations on store opening hours, but they vary widely. Most countries that regulate store hours are concerned with the interests of workers, consumers and businesses. However, countries that lift restrictions could boost the economy and eliminate unfair competitive distortions between stores and e-commerce. See our overview of opening hours in Europe.

credit:sportscheck

Frasers Group takes over SportScheck

The binding agreement between the British Frasers Group plc and Signa Retail Department Store Holding GmbH to acquire SportScheck was announced a few days ago.

credit: H&M Group, ACROSS Magazine

H&M Brands – An Overview

ACROSS´s recent visit to H&M´s headquarters in Stockholm provided a glimpse into the chain´s current plans in the area of market expansion, and its diverse brand image. “Leading destination for style” is the main idea behind H&M, and, by diversifying their offer in homeware, and with their brands aimed at different customer groups, including a business idea of subscription-based shopping experience, they are certainly on the right track.

credit: WISAG

EU TAXONOMY: WHERE DOES THE REAL ESTATE INDUSTRY STAND?

How far along are companies in the sustainable orientation of their proper ties? WISAG’s eleventh Sustainability Radar investigated this with its study entitled “EU taxonomy – Where does the real estate industry stand?” The result: property owners are calling for more concrete specifications.

credit:UYN

UYN opens 40 stores in Germany in 2024

Unleash Your Nature (UYN), part of the Italian sports and cycling goods manufacturer Trerè, is active in Germany with its subsidiary Tre Vertrieb GmbH for the stores and sales.

Westfield Centro /// credit: Oliver Blobel

Largest Zara flagship store in Germany – Inditex and Unibail-Rodamco-Westfield extend partnership at Westfield Centro

Zara is relocating within the shopping and leisure destination and significantly expanding its presence: Through extensive construction measures, a flagship store with 6,000 sq m of rental area is being created on a central axis on the ground floor of Westfield Centro. The opening is planned for the first half of 2025. Until then, Zara will continue to operate its current store in the center. Unibail-Rodamco-Westfield (URW) and Inditex are once again strengthening their strategic partnership in Germany with this new cooperation.

credit: BrainBox AI

Energy cost savings via AI: “Retail is where we can make the biggest difference”

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.

credit: ROS Retail Outlet Shopping

Place of the Week: La Torre Outlet Zaragoza

Since its opening in 2020, La Torre Outlet Zaragoza continuously provides premium experience for its customers, while also ensuring the sustainable management of its assets.

Vicolungo The Style Outlets /// credit: NEINVER

NEINVER and Nuveen Real Estate’s joint venture receives highest 5-star rating in GRESB Benchmark Report for the fourth consecutive year

NEINVER and Nuveen Real Estate have received the highest 5-star rating in the 2023 Global Real Estate Sustainability Benchmark for the fourth consecutive year for Neptune – a joint venture between NEINVER and Nuveen’s parent company, TIAA -, placing it in the top three in the “Southern Europe, Retail Centres” category in terms of overall ESG performance.

Sergio Jiménez, Marketing & IT Director at NEINVER /// credit: Neinver

Loyalty Schemes: A Win-Win For Brands And Customers

“One of the most surefire ways for management companies to optimize revenue for brands is to find ways to improve customer loyalty and to ensure both new and repeat visits,” states Sergio Jiménez, Marketing & IT Director at NEINVER.

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THE LEVEL OF EXCELLENCE WE SHOULD STRIVE FOR TODAY AND TOMORROW
Originally developed solely to meet the daily needs of consumers, shopping centers quickly became an asset class. The model worked very well for a long time, but as consumer behavior has changed, so have the requirements of tenants, operators and investors. The obvious task to satisfy customers, business partners and stakeholders is: Get your customers to return to your locations. Clear differentiation and positioning as well as a clear focus on people are crucial.
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