ULI Europe: Shoppers Want Food, Beverage, and Leisure

A new report from ULI Europe and JLL finds that food and beverage (F&B) and leisure offerings are essential to the success and future competitiveness of shopping centers. The report finds that retail sales in a sample of shopping centers analyzed for the study increased by 6.2 percent in the previous 12 months with the addition of leisure and F&B, with retail sales per square meter growing by 1.2 percent over the same period.

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Recent Articles

  • Industry Outlook for Shopping Centers

    January 23, 2017

    How are shopping centers adapting to the new retail landscape? Experts from ULI’s Commercial and Retail Development Councils discuss the future of shopping malls, changing consumer preferences, strategies for replacing vacant department store buildings, the challenges of adding nonretail uses to malls, competition from online retailers, and other trends.

  • Developer’s Perspective on Real Estate’s Hardest Decision: Sell or Hold

    November 3, 2016

    Speaking at the 2016 ULI Fall Meeting, John McNellis, partner at McNellis Partners, a northern California–based developer, shared part of his perspective, as captured in his book, Making It in Real Estate. For those looking to get into the real estate business, McNellis advised trying to take a 20-year approach to your career.

  • The Power of Pop-Ups and Other Retail Innovations

    April 26, 2016

    U.S. retailers and their landlords are embracing the pop-up phenomenon in different ways to meet specific goals, speakers said at the ULI Spring Meeting in Philadelphia.

  • Retail Trends to Watch in 2016: Food as the True Anchor

    March 2, 2016

    It could be a bumpy first half of the year for retail real estate: Despite continued improvement in key fundamentals and a strengthening U.S. economy, the retail sector is bracing for a bigger shake-out in store closures in the next few months.

  • Grocery-Anchored Retail: Still a Safe Bet?

    February 22, 2016

    Grocery-anchored shopping centers have long been a highly desirable investment due principally to the nondiscretionary nature of purchases made there by consumers. But changes in grocery formats and shoppers’ habits could shake up the way space is used.

  • Retail Jewel Box Houses Fast Food in Rotterdam

    January 25, 2016

    In Rotterdam, a fast-food tenant replaces an obstructive kiosk in a prominent location with a simple glass box that draws people—and sunlight—in.

  • Incubating an International Marketplace

    November 23, 2015

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  • Food Markets Nourishing Development

    August 24, 2015

    Though they pose unique development challenges, authentic, locally focused food vendors create unique experiences.

  • Not Just Retail—It’s a Whole New Bloc

    July 27, 2015

    An unloved, enclosed downtown shopping mall is being opened up to create a “Rockefeller Center” for Los Angeles. The centerpiece of the project is an upscale 400,000-square-foot (37,000 sq m) outdoor shopping, dining, and entertainment district.

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