The store is currently under construction and will be located on the ground floor of the shopping center, on an area of 600 sqm, near the InExtenso by Auchan brand.
“The development strategy of Liberty Center for 2018 was that of reorganizing the shopping gallery and bringing on board new partners. Liberty Center is the only shopping center in sector 5 and we aim to maximize covering our clients’ needs and to offer them a relevant tenant mix. With KiK, we are begininng to diversify the shopping experience of our visitors, especially through the new elements which the retailer brings on the Bucharest market,” said Corina Stamate, Center Manager, JLL Romania, the real estate consultancy firm managing Liberty Center.
Liberty Center underwent a reorganization process last year which included a series of relocation for existing tenants. In 2019 the mall will be relaunched as a convenience concept.
The footfall of the shopping center increased 11% on year in 2018 and retail sales also posted growth, with the highest, of around 20%, recorded in the food court area.
The shopping center has an occupancy rate of 88% and over 5,000 sqm are currently being remodeled and will open by the end of the year.
Kik is one of the biggest fashion discounters from Germany, with a large network of stores in Europe selling apparel, gifts, accessories, home deco, toys and stationery. It has 3,500 stores in Europe and 2,600 are in Germany.