BAA beats off 3 rivals to run Eurotunnel's retail business

Article Abstract:

BAA PLC prevailed in the battle to manage Eurotunnel PLC's retail business. BAA defeated three other competitors for the 15-year deal. The company is planning to establish airport-style shopping malls at Eurotunnel's Channel terminals, which are located near Folkestone and Calais. Eurotunnel said that it decided in 1998 to find a partner to develop nonduty free sales.

Comment:

BAA prevails in battle to manage Eurotunnel PLC's retail business

United Kingdom, Railroad Passenger Operations, Line-Haul Railroads, Tunnels Construction, Bridge and Tunnel Construction, Capital expenditures, New orders received, Railroads, line-haul operating, Bridge, tunnel, & elevated highway, Passenger rail services, Tunnel construction, Abstract, BAA PLC, Eurotunnel PLC

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KarstadtQuelle plans 20 shopping centers

Article Abstract:

KarstadtQuelle AG is planning to launch new downtown shopping centers in cities throughout Germany. The company is considering opening as many as 20 new shopping centers.

Strategy & planning, Germany, Planning, Company business planning, Shopping malls, KarstadtQuelle AG

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Mills chooses site near Madrid for 'shoppertianment' complex

Article Abstract:

Mills Corp. is planning to build a "shoppertainment" project near Madrid, Spain. The $300 million facility will combine dining, shopping, and entertainment services.

Spain, Real estate developers, Retail trade, Madrid, Spain (City), Mills Corp.

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