Find in the news:
BY COUNTRY

Primark and its odd property acquisition



The Primark, one of the UK’s rapidly growing fashion chains, is represented around the globe by its 269 stores that adds up to about 10m sq ft of shopping space.

The company has spread its network into France, Spain and Germany. This year, it announced plans to put another store into operation in Boston, Massachusetts, which is projected to open its doors to the public by the end of the following year. The Fashion retailer also negotiates expansion in other places, The Telegraph says. 

Primark has recently announced an acquisition of a 250,000 sq ft shopping area from the UBS Triton Property Fund. Both parties are willing to seal the deal in the nearest future. As of now, the negotiated shopping center features other brands’s stores such as Marks & Spencer, H&M and Waterstones. Primark makes quite an odd business decision, since only supermarkets, unlike clothing stores, usually purchase large-scale shopping pavilions, but in Primark’s case, it might be justified by the sales figures of 14pc year-on-year, estimated by the parent company Associated British Foods. 

Primark is not an only example of the growing confidence regarding the retail market and economy in general. One of the major players of US fashion, American Eagle Outfitters, should be expected to expand into the UK.

The following sites are under consideration for possible retail spots by the fashion industry giant: at Westfield London in the west of the city and at Westfield’s Stratford City shopping center, as well as at Bluewater in Kent.

American Eagle incorporates over 1,000 stores in the US targeting a 15-25 yearl old age group, offering goods at affordable prices. 



More about shopping malls in the United Kingdom



Feb 13, 2018, Sweden:
The company began renting out furniture and buying its own products, second-hand.
Feb 9, 2018, United Kingdom:
Plans are in place to enhance the entrance experience, car park, internal furniture, shop fronts, signage and wayfinding.
Feb 8, 2018, Canada:
Plans are underway to redevelop the shopping mall into the mixed-use community spanning 28-acres.
Feb 5, 2018, United Kingdom:
Cheshire Oaks Designer Outlet announces the start of construction on a new phase.
Feb 1, 2018, Germany:
Spaces at new F&B area at MyZeil Frankfurt successfully leased to exciting food concepts.
Feb 1, 2018, France:
CEO of the popular brand of clothing and equipment for surfers and snowboarders Pierre Agnes is missing in the sea off French coast.
Friend
and Follow
Designer Outlet Provence GLA:269 098 SF
ADDRESS: Mas de la Peronne, Miramas, France
France . Miramas
Designer Outlet Provence
Liberty Center GLA:828 821 SF
USA . Cincinnati
Liberty Center
Adigeo GLA:452 084 SF
ADDRESS: Verona city center
Italy . Verona
Adigeo
Hillcrest Mall GLA:585 758 SF
ADDRESS: 9350 Yonge St, Richmond Hill, ON L4C 5G2
Canada . Richmond
Hillcrest Mall


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us