• European retail moving at different speeds at start of 2015Tuesday 6th Jan 2015

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    david-atkins-hammerson
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    Changes expected at Hammerson after deals fall through

    Activist hedge fund firm Elliott Capital has bought a 1.5% stake in Hammerson and is expected to start driving change at the UK/French shopping centre giant. The investment firm, which now has over £24 billion in assets under management around the world, has become famous for forcing changes at the top level of some of [...]
    pho_veroniquelaury
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    World Retail Congress exclusive: Retailers must adapt or die

    Kingfisher Chief Executive Veronique Laury laid out stark choices for retailers if they wish to thrive in the future, in a wide-ranging discussion at the World Retail Congress in Madrid last week. Although she foresaw a more digital future, Laury also insisted that the “robotic predictions” put forward in some other sessions would not apply [...]
    santaana
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    World Retail Congress exclusive: Retail rents debate needed to back malls

    A proper discussion on how best to set rents in shopping centres in an omni-channel world is needed, delegates at the World Retail Congress in Madrid were told last week. The session was chaired by Retail Property Analyst co-founder Mark Faithfull and was the main property session. Discussing the future of malls at a special [...]
    emaar
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    World Retail Congress exclusive: Businesses need to lean on smart under-35s

    The pace of digital retail is being driven by smart young people, the chairman of Emaar told the World Retail Congress in Madrid last week. “I realised my way of doing business is obsolete,” Mohamed Ali Rashed Alabbar said. “These e-commerce people will take over the world. They are young, they are bright. So think [...]
    lego
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    World Retail Congress exclusive: Give them a memory, says Lego

    Retailers need to use their physical stores to give customers memorable experiences, Lego’s Head of Global Innovation, Martin Urrutia, told the World Retail Congress in Madrid last week. “Think about what you want people to remember from their visit to your store,” he advised. Urrutia advised retailers to think of their stores like “another media [...]
    The Lobby entrance
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    Swedish real estate investor opens pop-up retail destination

    One of Sweden’s largest real estate investment companies, AMF Fastigheter, has launched its ground breaking new retail concept in the heart of the Mood district, Stockholm. The Lobby is the next generation of the retail pop up, according to the real estate investor. It boasts a plug-and-sell format which gives online brands access to all [...]

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