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



DAY BEFORE YESTERDAY, USA:
Grocery giant Kroger has expanded a partnership agreement with the robotic firm Nuro, which will work to expand the autonomous delivery service.
Apr 22, 2019, USA:
Many millennials prefer to rent things rather than purchase. In the field of outdoor gear, such consumers are already more than a third.
Apr 18, 2019, United Kingdom:
An in-store cashback app that will provide retailers to force footfall by rewarding customers for spending in stores.
Apr 15, 2019, France:
The brand relies on pop-up stores and new men's clothing lines.
Apr 15, 2019, United Kingdom:
Iconic athleisure brand, Champion, is to open its first UK outlet store at Wembley Park’s London Designer Outlet.
Apr 11, 2019, Spain:
Winners of the most prestigious European retail property award were announced in Barcelona.
ICSC ECE

Friend
and Follow
AEON MALL Okinawa Rycom GLA:839 585 SF
ADDRESS: 901-2300 Tochi-kukaku seirichinai Awase, Kitanakagusuku Village, Nakagami District, Okinawa
Japan . Ginowan
AEON MALL Okinawa Rycom
Mall of Qatar GLA:1 743 753 SF
Qatar . Doha
Mall of Qatar
Charlotte Premium Outlets GLA:400 000 SF
ADDRESS: 5404 New Fashion Way Suite 100, Charlotte, NC 28278
USA . Charlotte
Charlotte Premium Outlets
Silesia City Centre GLA:699 654 SF
ADDRESS: Chorzowska 107
Poland . Katowice
Silesia City Centre


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