MAPIC 2017: More than 8,500 delegates from 80 countries came together for the annual international retail real estate market

Paris, 2017-Nov-20 — /EPR Retail News/ — More than 8,500 delegates from 80 countries congregated in Cannes this week for MAPIC – the annual international retail real estate market, which brought together 2,100 retailers, 2,500 developers and 1,000 investors.

Reflecting the pace at which retail real estate is evolving, this year’s MAPIC showcased the first International Outlet Summit and the inaugural Global Retail Partner Summit, while expanding its Leisure and Innovation exhibition zones and positioning food and beverage (F&B) as the central theme.

November 14th saw the exhibition of MAPIC’s new pre-opening event, the International Outlet Summit. Once considered second-class stores for retailers to unload dated stock, the presence of outlet centres has averagely grown 12 per cent per year, over the past decade. Speaking at the summit, Neinver’s Sebastian Sommer said “Even if the market is more challenging, the top 150 brands are still wanting to grow in outlet malls.” Key retail players are now wanting to increase exposure within outlets, while existing outlets are upgrading their instore design and offerings, making this sector one of the most dynamic in the commercial property industry.

China is a particularly promising market for outlets. Lois Lu Yi, VP of Beijing Capital Grand, the Hong Kong-based investment holding company principally engaged in the development and investment of properties, revealed at the International Outlet Summit that the company has increased its number of planned outlets to meet rising demand in this fast-evolving sector. “Outlets are growing at about 34 per cent a year in China, higher than the 8 per cent of department stores, 29 per cent of shopping malls and 29 per cent of online retailers,” Lois Lu Yi explained, “Recently, with the consumers’ pursuit of brands, outlets will usher in the first golden period of development with the market reaching maturity within 5 years.”

Director of MAPIC Markets Nathalie Depetro also announced a new event – MAPIC Food & Beverage – which will launch next year as a result of the F&B concepts increasingly dominating commercial centres and high streets worldwide. The conference, separate to MAPIC Italy, will take place on May 23 – 24 in Milan’s MiCo Milano Congress and showcase the international retail F&B sector.

“MAPIC Italy is devoted to the important Italian retail property sector. MAPIC Food & Beverage will be a standalone, international event dedicated to the global retail F&B market,” said Depetro. “The time is right to create an event devoted to the fast-growing food and beverage sector. Whether it’s in a mall, an outlet or a retail park, people are dining in these establishments more frequently and treating the outing as an experience, instead of visiting these places solely to shop,” she added.

Day one of MAPIC commenced with a keynote discussion between McKinsey & Company’s Franck Laizet and the highly-acclaimed Managing Director of Alibaba France, Sébastien Badault – the two spoke on the topic of Reimagining Retail in the 21st Century. Badault said that while physical retail is not dead, it is definitely gravitating online, adding “We are going through a major reconfiguration of the network” by way of new concepts, formats and store reconfiguration, in order to optimise consumer experience and spending power. He also focused on the notion of brands needing to look at new ways of merging ecommerce and experience, which Alibaba is spearheading via the introduction of advanced technology including magical mirrors and artificial intelligence.

Another key session, Travel Retail, focused on how retail and namely hospitality offerings are shaping transit zones into foodie destinations. Jamie Oliver Restaurant Group’s Nick Schapira said that while high streets are feeling many pressures, ”The travel retail space offers an incubator of consumer demand.” However, he stressed that retailers are mistaken if they think they can mirror the same process of immersion into a shopping centre, to that of an airport. There are many more tougher elements and guidelines to consider including staffing and security measures.

This year’s MAPIC also confirmed the pivotal role that leisure is playing within commercial centres, as landlords look to leisure experts to design, build and deliver turnkey solutions. Approximately 30 companies specialising in leisure entertainment were housed in the Leisure zone.

Panel speakers discussing leisure in retail destinations also agreed that experiences have become one of the main drivers for visiting shopping centres today. Consumers are looking for enjoyable experiences to share. In fact, leisure within malls has created a new target market – attracting customers from a much wider catchment, while malls have also become places families visit to spend quality time together.

The emergence of commercial destinations has always been a key focal point to retailer development strategies. A major finding from MAPIC was that retail advancements are no longer dominated by the West. China has become the world’s leading commercial destination, surpassing the U.S. and India is currently experiencing the world’s strongest growth due to an influx of foreign investment, economic growth and a boom in consumption. Speaking at a conference on India’s ‘boiling’ retail market, BS Nagesh of Indian Retail Association TRRAIN’s, said that India is particularly attractive for retailers and developers: “The country’s very young – the average age is just 35 – and GDP is growing at 7 per cent a year. I don’t think any country in the world has such an opportunity.”

The Global Retail Partner Summit also brought together retailers and leading local partners, capable of facilitating entry into key markets. Among the 30 major partnership companies were the Azadea Group (Lebanon), which operates more than 50 brands in the Middle East and Africa; AmRest(Poland), which operates more than 1,500 restaurants in Central and Eastern Europe; Global Brand Group; SGN Group (USA) and Rosinter Restaurants (Russia). John Scott, Director of International at TM Lewin (UK) noted, “The Global Retail Partner Summit is an ideal platform for retailers to meet with a broad range of international industry professionals. MAPIC continues to provide retailers with direct access to some of the best international operators and the opportunity to break into strategic markets via integrated networking.”

Since its inception more than 20 years ago, MAPIC has continued to attract the world’s leading retailers, developers, mall operators and more recently, major ecommerce retailers. No other single retail real estate event attracts so many companies from the international investment community. Institutional investors such as Allianz, Generali Real Estate, GIC, or the Healthcare of Ontario Pension Plan, lined up with the likes of British Land, AXA Investment Managers, Amundi Asset Management and Commerz Real. And among the host of companies making first time appearances at MAPIC were F&A Asset Management, Matacapital, Qatar Investment Authority, Crédit Agricole and Bank Austria Real Invest.

MAPIC 2018 will take place on November 14 – 16, 2018.

Pictures of MAPIC are available on the photobank.

Find out more about MAPIC on our press site.

About Reed MIDEM:
Founded in 1963, Reed MIDEM is an organiser of professional, international markets that are essential business platforms for key players in the sectors concerned. These sectors are MIPTV, MIPDOC, MIPCOM, MIPJUNIOR in Cannes, MIP China in Hangzhou and MIP Cancun in Mexico for the television and digital content industries; MIDEM in Cannes for music professionals; Esports BAR in Cannes and in Miami for the esports business; MIPIM in Cannes, MIPIM UK in London, MIPIM Asia Summit in Hong Kong and MIPIM PropTech Summit in New York for the real estate industry; MAPIC in Cannes, MAPIC Russia in Moscow, MAPIC Italy in Milan, MAPIC China Summit in Shanghai and IRF brought by MAPIC in Mumbai for the retail real estate sector. www.reedmidem.com

About Reed Exhibitions:
Reed Exhibitions is the world’s leading events organiser, with over 500 events in over 30 countries. In 2016 Reed brought together over seven million event participants from around the world generating billions of dollars in business. Today Reed events are held throughout the Americas, Europe, the Middle East, Asia Pacific and Africa and organised by 38 fully staffed offices. Reed Exhibitions serves 43 industry sectors with trade and consumer events. It is part of RELX Group, a global provider of information and analytics for professional and business customers across industries. www.reedexpo.com

For more information, please contact:

My-Lan CAO – Press Director
Tel.: +33 (0)1 79 71 95 44
mylan.cao@reedmidem.com

Constance GARCIA Y SANTOS – Press Officer
Tel: +33 (0) 1 79 71 95 65
constance.garciaysantos@reedmidem.com

Source: MAPIC

MAPIC 2017 unveils complete programme of conferences

Paris, France, 2017-Nov-08 — /EPR Retail News/ — With the 23rd edition of MAPIC – the global retail real estate market – just days away, please see below a selection of those not to miss events and conference sessions that are set to be the talk of the Palais des Festivals in Cannes.

The complete MAPIC programme of conferences is now available on the website and on the mobile app. Don’t forget to download it on your smartphone by clicking here.

Welcome Reception
Tuesday 14 November 19.30, Majestic Hôtel
Open to all participants with badge.

Opening Keynote – Reimagining retail in the 21st century
Wednesday 15 November 09.00-10.00, Room 1, Palais-1
The details of this session can be found on the website.

Speakers’ drink
Chairman’s Club, Palais 1
By invitation only. If you are interested, please contact the MAPIC Press office.

FOOD & BEVERAGE – Food courts, emotional shopping & the new lifestyle
Thursday 16 November 9.00-10.00, Room 2, Palais-1
The details of this session can be found on the website.

Official press conference MAPIC 2017
Thursday 16 November 10.00, F&B Gallery, Riviera 8
with Nathalie Depetro, Director of MAPIC, for an exclusive announcement.

DIGITAL – E-commerce, brands, pure players: how to create the best physical experiences
Thursday 16 November 12.00-13.00, Room 2, Palais-1
All the details of this session can be found on the website.

LEISURE – Family entertainment centres: a fun environment to create the best physical experiences
Thursday 16 November 13.30-14.30, Room 2, Palais-1
All the details of this session can be found on the website.

MAPIC Party
Thursday 16 November 23:00, Salon des Ambassadeurs, 4th floor Palais des Festivals
Open to all participants with badge.

Find out more about MAPIC on our press site.

About Reed MIDEM:
Founded in 1963, Reed MIDEM is an organiser of professional, international markets that are essential business platforms for key players in the sectors concerned. These sectors are MIPTV, MIPDOC, MIPCOM, MIPJUNIOR in Cannes, MIP China in Hangzhou and MIP Cancun in Mexico for the television and digital content industries; MIDEM in Cannes for music professionals; Esports BAR in Cannes and in Miami for the esports business; MIPIM in Cannes, MIPIM UK in London, MIPIM Asia Summit in Hong Kong and MIPIM PropTech Summit in New York for the real estate industry; MAPIC in Cannes, MAPIC Russia in Moscow, MAPIC Italy in Milan, MAPIC China Summit in Shanghai and IRF brought by MAPIC in Mumbai for the retail real estate sector. www.reedmidem.com

About Reed Exhibitions:
Reed Exhibitions is the world’s leading events organiser, with over 500 events in over 30 countries. In 2016 Reed brought together over seven million event participants from around the world generating billions of dollars in business. Today Reed events are held throughout the Americas, Europe, the Middle East, Asia Pacific and Africa and organised by 38 fully staffed offices. Reed Exhibitions serves 43 industry sectors with trade and consumer events. It is part of RELX Group, a global provider of information and analytics for professional and business customers across industries. www.reedexpo.com

For more information on MAPIC, please contact:

My-Lan CAO – Press Director
Tel: +33 1 79 71 95 44
mylan.cao@reedmidem.com

Constance GARCIA Y SANTOS, Press Officer
+33 1 79 71 95 65
constance.garciaysantos@reedmidem.com

Source: MAPIC

MAPIC 2017 to showcase latest retail real estate projects in 25 countries

Paris, 2017-Oct-11 — /EPR Retail News/ — More than 2,500 property developers and shopping centre owners will be at MAPIC 2017 to showcase their latest projects, giving international retailers a unique three-day opportunity to find out about new site locations.

Organised by Reed MIDEM, the International Retail Real Estate Market will be held in Cannes from 15 to 17 November 2017.

About Reed MIDEM:
Founded in 1963, Reed MIDEM is an organiser of professional, international markets that are essential business platforms for key players in the sectors concerned. These sectors are MIPTV, MIPDOC, MIPCOM, MIPJUNIOR in Cannes, MIP China in Hangzhou and MIP Cancun in Mexico for the television and digital content industries; MIDEM in Cannes for music professionals; Esports BAR in Cannes and in Miami for the esports business; MIPIM in Cannes, MIPIM UK in London, MIPIM Asia Summit in Hong Kong and MIPIM PropTech Summit in New York for the real estate industry; MAPIC in Cannes, MAPIC Russia in Moscow, MAPIC Italy in Milan, MAPIC China Summit in Shanghai and IRF brought by MAPIC in Mumbai for the retail real estate sector.www.reedmidem.com

About Reed Exhibitions:
Reed Exhibitions is the world’s leading events organiser, with over 500 events in over 30 countries. In 2016 Reed brought together over seven million event participants from around the world generating billions of dollars in business. Today Reed events are held throughout the Americas, Europe, the Middle East, Asia Pacific and Africa and organised by 38 fully staffed offices. Reed Exhibitions serves 43 industry sectors with trade and consumer events. It is part of RELX Group, a global provider of information and analytics for professional and business customers across industries. www.reedexpo.com

Contact:

My-Lan CAO – Press Director
Tel: +33 (0) 1 79 71 95 44
mylan.cao@reedmidem.com

Constance GARCIA Y SANTOS – Press Officer
Tel: +33 (0) 1 79 71 95 65
constance.garciaysantos@reedmidem.com

Source: MAPIC

MAPIC 2017 to be held in Cannes, 15 to 17 November

MAPIC 2017 to be held in Cannes, 15 to 17 November

PARIS, 2017-Sep-14 — /EPR Retail News/ — Technology innovation is now an integral part of the evolution of retail real estate. It is helping enhance customer service and boost the attraction of shopping venues. It will be a key component of the innovation track at MAPIC 2017.

Organised by Reed MIDEM,MAPIC, the International Retail Property Market, will be held in Cannes from 15 to 17 November.

Sandrine Devillard, Senior Partner at McKinsey & Company, will present an exclusive study on developments in consumer behaviour during the MAPIC 2017 opening conference entitled “Reimagining retail in the 21st century!” on Wednesday, 15 November at 9am. This conference session will also give the floor to industry experts who will use concrete cases to illustrate these developments.

In the MAPIC Innovation Forum, a conference, pitching and exhibition area, MAPIC attendees will discover more than 50 companies and startups showcasing their innovative solutions for the retail real estate industry.

The highly customer service-oriented British startups Dropit Shopping and Quiqup will exhibit for the first time at MAPIC Innovation Forum. Dropit Shopping is an application that provides in-shop consumers with the comforts of online shopping by offering a same-day shopping delivery service. Dropit Shopping has already partnered with several major retailers in the UK including Liberty London, M&S, GAP, Uniqlo, Urban Outfitters, Anthropologie and Michael Kors.

In the same vein, Quiqup offers a personalised courier service, and has recently partnered with the brand Hellmann’s, which wanted to develop its direct sales to consumers, and now offers deliveries of baskets containing all the ingredients needed to prepare a meal at home.

Hospitality is another important aspect of customer service. This is the core activity of Hease Robotics, a French startup specialising in robots for hospitality services and sales support. It will be attending MAPIC for the first time to present its flagship product Heasy, the first interactive-kiosk robot with an integrated payment terminal. This robot has been specifically designed for large public spaces, so it is large, visible from a distance, and completely side-steps speech-recognition (because of noise in public spaces), to focus interaction exclusively on the screen.

The best solutions for creating customer purchasing journeys will be examined in the conference entitled “The new seamless customer experience: how to interact with customers and expand your business” (Thursday, 16 November at 5pm) in the presence of Elise Masurel, Marketing Director at Klépierre, Mathieu Proust, CEO of UberEATS, Pamela Wolf, Innovation Strategy Director at Salesforce and a representative from Clear Channel.

Data collection and analytics often drive new services for customers. Several companies specialising in this area will be exhibiting in the Innovation Forum. MAPIC newcomers Geoblink and Kel Quartierwill showcase their localisation intelligence solutions – i.e. providing data to help retailers select the best site locations.

Other companies such as Axper and Occi, both attending for the first time at Cannes, as well as RetencyRetailicTC GroupXovisConiq and ESRI, will be showcasing a range of solutions derived from data analytics.

“Consumers now have high expectations: they want their shopping experience to be easy, enjoyable and even memorable. For this, bricks & mortar shops remain the vital embodiment of the customer experience. This is why online commerce professionals are increasingly interested in physical retail sites and are coming in greater numbers to MAPIC,” says Nathalie Depetro, Director MAPIC markets.

One example is LDLC, the e-retailer from Lyon specialising in electronic products, which plans to open a hundred stores by 2021.

This example and many others will be discussed at the conference on “E-commerce/online to offline: how brands & pure players can create the best physical experience?” (Thursday 16/11 at 12pm) co-organised with the FEVAD (the French E-commerce and Distance Selling Federation), with representatives from LDLC (France), Logopark Development Group (Russia) and AT Kearney(France).

Find out about the conference programme.

About Reed MIDEM: 
Founded in 1963, Reed MIDEM is an organiser of professional, international markets that are essential business platforms for key players in the sectors concerned. These sectors are MIPTV, MIPDOC, MIPCOM, MIPJUNIOR in Cannes, MIP China in Hangzhou and MIP Cancun in Mexico for the television and digital content industries; MIDEM in Cannes for music professionals; Esports BAR in Cannes and in Miami for the esports business; MIPIM in Cannes, MIPIM UK in London, MIPIM Asia Summit in Hong Kong and MIPIM PropTech Summit in New York for the real estate industry; MAPIC in Cannes, MAPIC Russia in Moscow, MAPIC Italy in Milan, MAPIC China Summit in Shanghai and IRF brought by MAPIC in Mumbai for the retail real estate sector. www.reedmidem.com

About Reed Exhibitions: 
Reed Exhibitions is the world’s leading events organiser, with over 500 events in over 30 countries. In 2016 Reed brought together over seven million event participants from around the world generating billions of dollars in business. Today Reed events are held throughout the Americas, Europe, the Middle East, Asia Pacific and Africa and organised by 38 fully staffed offices. Reed Exhibitions serves 43 industry sectors with trade and consumer events. It is part of RELX Group, a global provider of information and analytics for professional and business customers across industries. www.reedexpo.com

SOURCE: MAPIC

MEDIA CONTACT

My-Lan CAO – Press Director
Tel: +33 1 79 71 95 44
mylan.cao@reedmidem.com

Constance GARCIA Y SANTOS, Press officer
Tel: +33 1 79 71 95 65
constance.garciaysantos@reedmidem.com

Food & Beverage will be at the centre of MAPIC 2017 in Cannes from 15 to 17 November

Paris, 2017-Jun-12 — /EPR Retail News/ — Food & Beverage will be at the centre of MAPIC 2017. Today ( 8 June, 2017), a third of consumers claim they only visit a mall to eat or drink[1]. Food services are largely transforming shopping centres into convivial lifestyle venues.

Organised by Reed MIDEM, the International Retail Property Market will be held in Cannes from 15 to 17 November.

The point of sale experience is a vital element in persuading consumers to go out rather than buy online. For ultra-connected clients, the shopping experience and its associated human encounters are more important than the product itself. As a result, traditional shopping centres are transforming into social sites for meeting others and leisure activities where people come to spend the day. In line with Unibail-Rodamco and its “Dining ExperienceTM” brand, it is essential to create sophisticated Food & Beverage concepts likely to attract this new type of consumer.

“MAPIC has showcased countries that stand out for their retailing developments. Two years ago we decided to start highlighting strong trends that are changing the market beyond mere internationalisation. This year, it’s the turn of Food & Beverage because this is a fundamental shift that involves all industry professionals in both real estate and retail,” explains Nathalie Depetro, Director of MAPIC.

Studies have shown that a consumer who visits a shopping centre with Food & Beverage offerings stays there longer and on average spends 18% more. This is why experts believe that shopping centres are expected to spend 15% to 20% of their mix on Food & Beverage[2].

From single-products, street food, and quality sandwiches to traditional or healthy cuisine, there is a very broad range of popular Food & Beverage trends! MAPIC will be presenting the full gamut of new concepts and innovative formats in this rapidly-changing sector.

MAPIC’s official programme will also offer a series of special conferences on the evolution of the Food & Beverage segment, as well as presenting exclusive brand concepts. For the first time, MAPIC will host a tasting area where a selection of brands will present their concept and offer product tastings.

Over 2,100 international brand developers from all sectors, including more than 400 in Food & Beverage, are expected at MAPIC 2017. Restaurant chains that have already confirmed their presence this year include Wagamama a British restaurant chain specialising in Japanese cuisine, WeLovePuro, an Italian ice cream brand, Chopstix, a British Chinese restaurant chain, Burger King, Five Guys, Delifrance, a French bread and pastry brand, Autogrill, McDonald’s, Fun Sushi, Leonidas, Flunch, Groupe Le Duff, and its brands Brioche Doré, Del Arte, and Fournil de Pierre among others.

Another budding trend in this sector is tech food from brands such as Deliveroo and Ubereats. These days, there’s no need to go out to enjoy a quality burger – you can enjoy it at home. These brands will also be attending MAPIC because they revolutionize both the world of catering and real estate.

Offering the very best sites for retailers is part of MAPIC’s DNA. The biggest names of French and international retail property such as Altarea Cogedim, Sonae Sierra, ECE Projektmanagement, Wanda Group and Thor Equities are already confirmed as exhibitors.

More about MAPIC on our press site.

About Reed MIDEM:
Founded in 1963, Reed MIDEM is an organiser of professional, international markets that are essential business platforms for key players in the sectors concerned. These sectors are MIPTV, MIPDOC, MIPCOM, MIPJUNIOR in Cannes, MIP China in Hangzhou and MIP Cancun in Mexico for the television and digital content industries; MIDEM in Cannes for music professionals; Esports BAR in Cannes and in Miami for the esports business; MIPIM in Cannes, MIPIM UK in London, MIPIM Asia Summit in Hong Kong and MIPIM PropTech Summit in New York for the real estate industry; MAPIC in Cannes, MAPIC Russia in Moscow, MAPIC Italy in Milan, MAPIC China Summit in Shanghai and IRF brought by MAPIC in Mumbai for the retail real estate sector.

About Reed Exhibitions:
Reed MIDEM is a division of Reed Exhibitions, the world leader in event organisation, with over 500 events in 30 countries. In 2015 Reed brought together over seven million active professionals around the world generating billions of dollars in business. Today Reed events are held throughout the Americas, Europe, the Middle East, Asia Pacific, and Africa and organised by 40 offices and agents located. Reed Exhibitions 43 key industrial sectors, through events for professionals and the general public, and is part of Reed Elsevier Group plc, a world leader in the publishing and dissemination of information.www.reedexpo.com

[1] http://news.cbre.eu/almost-a-third-of-people-will-visit-a-shopping-centre–just-to-eat-and-drink

[2] http://www.jll.com/services/industries/retail/destination-retail

Contact:

Mike WILLIAMS
Director of Communications
mike.williams@reedmidem.com
Tel: +33 (0)1 79 71 99 33

Source: MAPIC