Couldn’t make it across the Atlantic to this year’s MAPIC—the annual retail trade show—in Cannes, France this year? Here’s a rundown of what Commercial Observer saw and heard from the event.
Clothing retailer Primark recently opened its second New York City location in Brooklyn and is looking for more, but don’t expect to be able to shop for dirt-cheap clothes in Manhattan anytime soon.
Tom Meager, group director of property for @Primark, told CO at #MAPICawards they are looking in the boroughs for new stores, but not actively pursuing Manhattan (for now). The success of the Brooklyn store has given them the confidence to seek other locations in NYC. #MAPIC
— Commercial Observer (@commobserver) November 15, 2018
Amazon (AMZN)—which is opening France’s first robotics site in the south of Paris next year—has plenty of new tricks for warehouses.
On innovations at Amazon fulfillment centers, Ronan Bole, president of @amazon France logistics (on right), says there are robotics, lockers (customers can pick up their articles on their journey), delivery in car and delivery to apartments without keys. #MAPIC #MAPIC2018 pic.twitter.com/hGuptxV2jw
— Commercial Observer (@commobserver) November 14, 2018
Worried about the retail vacancy rate in New York City (even if it isn’t 20 percent)? It might get worse along West 34th Street.
Chatted with Brad Mendelson of @Colliers_NYC at #MAPIC in #Cannes about the serious level of retail vacancies–to get even more serious–along West 34th Street. #MAPIC2018 pic.twitter.com/yDPj7Gh4ku
— Commercial Observer (@commobserver) November 14, 2018
Tunisia’s getting not one, but two rollercoasters soon!
Two #rollercoasters by Groupe Chaabane coming to #Tunisia in 2021. #MAPIC #MAPIC2018 pic.twitter.com/IStF6V5o6m
— Commercial Observer (@commobserver) November 15, 2018
American Dream mall—formerly Xanadu—in Meadowlands, N.J., got some international props.
American Dream in NJ is the best future shopping center, per #MAPICawards#MAPIC #MAPIC2018@triplefive
— Commercial Observer (@commobserver) November 15, 2018
Looks like a leaky roof isn’t the only thing wrong at the Westfield’s Oculus mall in the World Trade Center.
Christophe Cuvillier of @urw_group tells CO at #MAPICawards that @westfieldwtc needs some work, i.e. increased F&B options.#MAPIC #MAPIC2018
— Commercial Observer (@commobserver) November 15, 2018
But even heavy-hitters like Ripco Real Estate’s Gene Spiegelman could take a break at MAPIC.
.@retailpro1 of @RipcoNY hangs in the #chairmensclub at #MAPIC.#MAPIC2018 pic.twitter.com/8zUgEnA9sh
— Commercial Observer (@commobserver) November 14, 2018