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The O2’s Q1 and Easter Half Term Performance Surpasses Expectations, Rivals 2019 Trade Levels

Retail Focus

The O 2, which is owned and operated by AEG and Crosstree Real Estate Partners, has reported a stellar trading period throughout Q1 and Easter half term, with sales throughout the destination surpassing 2019 results. Icon Outlet at The O2 dealt direct. Lunson Mitchenall represented WHSmith.

Shopping 130
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Walmart’s futuristic vision: AI shopping, drone deliveries and green energy

Inside Retail

Embracing AI Walmart’s goal is to make shopping experiences effortless, engaging and personalised. There is also a new AR feature called ‘Shop With Friends’. InHome replenishment Back in 2019, Walmart launched the ‘InHome’ service for pickup and delivery options for customers.

Shopping 262
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Spanish Fashion Giant Mango Boosts Retail Offer at Touchwood Shopping Centre in Solihull

Retail Focus

Touchwood Shopping Centre in Solihull has continued to expand its leading offer with the arrival of Spanish fashion retailer Mango. Ardent UK acquired Touchwood in summer 2021, the first major shopping centre acquisition since the onset of the pandemic, in a deal that effectively called the retail investment market.

Fashion 264
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Dexus selling stakes in two super-regional shopping malls

Inside Retail

Cornerstone stakes in two super-regional Australian shopping centres have gone up for sale in the first such investor opportunity in two years. Dexus Wholesale Property Fund is offering a 20-per-cent interest in Gold Coast’s Pacific Fair Shopping Centre and a 25-per-cent stake in Sydney’s Macquarie Centre.

Shopping 264
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Superdry opens at ICON Outlet at the O2 as the destination continues to outperform

Retail Focus

Icon Outlet at The O2, the London outlet shopping destination, developed by AEG and Crosstree Real Estate Partners, has announced the opening of Superdry, the premium apparel brand. Icon Outlet at The O2 is the perfect location to expand Superdry’s UK outlet store collection, as well as increasing our presence within the capital.

Apparel 286
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Foot Traffic Returns to U.S. Shopping Malls

VMS

shoppers are returning to shopping malls, according to a report by Placer.ai, published by the International Council of Shopping Centers (ICSC). Foot traffic at Class A malls is showing steady growth over the past few months when compared to the same time period in 2019. Shopper visits to malls was down 18.7

Shopping 105
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Australian label Princess Polly opens its first physical store in the US

Inside Retail

Since its entry online in 2019, the company says US sales have made up the majority of its revenue. Established in 2005 by husband-and-wife team Wez and Eirin Bryett, the Gold Coast brand sells on-trend women’s clothing for predominantly Gen Z consumers.

Expansion 278