Retail news: mall and brand expansion

An announcement has been made by Deutsche Asset & Wealth Management that their real estate investment division has acquired the site of "PalaisQuartier" in Frankfurt am Main.

The Town of Newburgh is due to soon get a 650000 sq ft outdoor shopping mall, located on a busy road on Route 300.

Galerio INNO, the Belgian department store chain of Galeria Kaufhof GmbH, is planning to open a brand-new department store to be located in the fashion city of Hasselt, in the Limburg region.

Online retailers were preparing to get their fair share of sales with Cyber Monday deals, but they were surprised to discover that Black Friday had enticed a large number of online shoppers.

According to North American Properties, customers are moving away from traditional malls and looking for new experiences and if this is what they are after, retailers have to offer it.

Swedish property developer and investor AMF Fastigheter has hinted that it would love to attract an Apple Store to Stockholm.

The largest shopping in Europe was opened in Moscow to an orchestra playing the Ode to Joy and the cut of a ribbon.

On taking over the reins at Best Buy, Hubert Joly started working in the stores to get the feel of the company.

The property development subsidiary of Bouygues Construction, Cirmad Grand Sud, is commencing construction on a €90m shopping center situated near Marseille.

Gap Inc has agreed to a deal with Zalando, the largest dedicated online retailer in Europe, for sale of its main brand, commencing May next year.

In a fascinating and wide-ranging interview Malls.Com got the thoughts of the TriGranit Management Corporation CEO on many different issues.

Westgate Shopping Center’s planned £400m expansion has received final approval and this clears the road for work to commence in the new year.