Globetrotter, the big German specialty outdoor retailer, is looking into alternatives to traditional retailing and investing in new projects, notably in tourism: While it has been operating mega stores with a selling surface of several thousand square meters in seven big cities around Germany, it is now trying smaller surfaces in rural areas. The latest investment is a shop of 500 square meters being opened in a holiday village in Torfhaus, a small touristic town in Harz, the country's northernmost mountains. Globetrotter is a 10 percent stakeholder in the venture, worth €13.5 million, which comprises a hotel, restaurants and an area of vacation cottages. Another investment is an outdoor company that is basically a hotel and a restaurant in Schleswig-Holstein, Germany's most northern state near Denmark, which will be partially used by the chain itself for staff training.
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