STRATEGIES AND EXPANSION PLANS OF RETAILERS
Shopingy Mall Analyser and ACROSS Magazine present the top 20 store openings to watch on a monthly basis. Find here the exclusive data for July 2022.
Shopingy Mall Analyser and ACROSS Magazine present the top 20 store openings to watch on a monthly basis. Find here the exclusive data for June 2022.
Quo Vadis Retail? Let us discuss how the European retail markets performed in 2022 so far and let us take an ambitious look into the future. The discussants are: Henri Eisenkopf, Senior Investment Manager Union Investment, Herman Kok, Director KERN, Filip Vojtech, Teamlead Sales | Retail, Fashion & Lifestyle bei GfK GeoMarketing and Fabien Stutz, Head of Real Estate C&A.
During my stroll through Düsseldorf's streets, a store immediately caught my eye, both delightful and manageable, but as I said, impossible to miss: the Chicken Crime Department at Ackerstrasse 142 in the creative district of Flingern.
The events of the last few years, increased transparency in general, and last but not least, technology and globalization have resulted in a new kind of customer. These new customers are both mature and competent. Retailers would do well to regard them as such.
In order to become the “center of the community”, retail spaces have to offer public services that people want and need, as well as opportunities for people to come together and build community. That entails, among other things, rethinking the tenant mix to generate footfall as well as creating more events and activities that attract people.
The one-sided fixation on digital direct-to-consumer business marginalizes the physical shopping channel. Shopping centers and their tenants will only be able to leverage the potential of brick-and-mortar store spaces if a significantly modified fundamental approach is adopted.
Societies have changed, retail has changed, and so must architecture and the real estate industry. “Le 31” has become a model for Redevco’s vision on how to redefine retail and create a connected community of stores, partners, and visitors.
One crisis follows the next. While retailers faced nationwide lockdowns, restrictions based on testing, vaccination, or recovery, and already disrupted supply chains last year, the war in Ukraine is bringing the issue of “consumer pricing” to the forefront. Additionally, supply chain disruptions and record energy prices are leading to unseen inflation rates in many European countries for several decades.
Ibrahim Ibrahim, Managing Director of Portland Design, ACROSS Board member and a regular keynote speaker, has just published his first book: "Future-Ready Retail".
Shopingy Mall Analyser and ACROSS Magazine present the top 20 store openings to watch on a monthly basis. For May 2022 we created an Outlet Special Edition: Find here the exclusive data for the Top 20 Outlets Openings To Watch in May 2022.
In order to follow and fulfil customer needs, operators of shopping centers also have to support their tenants. Furthermore, integrating online with offline elements, through proptech partnerships, is the path to maintaining a leading position, according to NEPI.
Results for the 1st quarter 2022.
In probably the most famous district of Venice, San Marco, a company has managed to expand in recent months and now operates five stores just minutes from each other: Giobagnara. Two of these stores are right next to St. Mark's Church, another is located on St. Mark's Square, not far from Caffè Florian (there is a meeting room on the second floor with a wonderful view of St. Mark's Square); the fourth store can be found beside Harry's Bar.
The extent to which a retailer can satisfy the needs of its customers significantly depends on the technology it utilizes and masters. Consumers have become accustomed to the often highly individualized approach provided by e-commerce, and they expect the same in the brick-and-mortar environment. Technology stands ready to meet the challenge.
BIG Shopping centers has fulfilled all the conditions for officially purchasing 100% of ownership of Delta City Podgorica on Thursday 19th of May.
According to MAPIC Director Francesco Pupillo: During times of transformation, we have to guide people in a better and more intensive way. Therefore, he wants to increase the value enjoyed by the attendees of this year’s MAPIC by, among other things, connecting them via special events and focusing more attention on new and innovative retail models.
First the coronavirus, then the war in Ukraine: Rising inflation and supply chain issues are causing panic, leading to consumers to buy again. Professor Stephan Rüschen speaks with ACROSS about justified fears, current supply shortages, and why transparency is the order of the day for all retailers.
What the Consumer Really Wants | Stay well informed on the issues of today and tomorrow!
Consumer behaviors and the business environment are changing fast under the global circumstances. Therefore, it is critical for real estate development companies to keep a pulse on both. The consumer is today at the heart of business more than ever before, say Jovana Cvetković and Nemanja Bućinac from MPC Properties.
