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Reject Shop brushes off wage theft class action as ‘immaterial’

Inside Retail

Discount retailer The Reject Shop is facing a class action lawsuit for “purported underpayments” to staff, launched by specialist law firm Adero Law Between February 2016 and April 2021, seven former employees of the discount retailer allege underpayment during their employment with the company.

Shopping 242
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LSKD appoints first chief retail officer as part of its “audacious” growth plan

Inside Retail

Customer experience LSKD has ‘audacious’ growth plans for the next few years and Shaughnessy is expected to play a key role in helping the brand create a unique in-store experience and ensuring the right products are stocked in each store. Part of this expansion strategy is to give LSKD customers the ability to shop directly with the brand.

Planning 264
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“Not surprised”: Experts react to Amazon’s reported department store plan

Inside Retail

More recently, the company’s offline efforts have been in the convenience space, with the launch of its cashierless Amazon Go stores, and grocery, following its acquisition of the upscale US grocery chain Whole Foods in 2017. And it would come at a time when some long-running department stores are closing up shop.

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TK Maxx to open first store in Perth

Inside Retail

Discount retailer TK Maxx is set to open its first store in Perth’s Ocean Keys Shopping Centre, Clarkson on October 5. Since its expansion into Australia in 2017, the retailer has opened 78 stores including the new TK Maxx store in WA. The post TK Maxx to open first store in Perth appeared first on Inside Retail Australia.

Expansion 279
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Scentre Group to sell half share in Westfield Whitford City

Inside Retail

Scentre Group is looking for an investor interested in taking a 50-per-cent stake in its Westfield Whitford City shopping mall in WA. Colliers’ MD of retail capital markets for Asia Pacific, Lachlan MacGillivray, has been appointed to sell the shopping centre stake through an expression of interest campaign.

Shopping 245
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Hong Kong investment firm buys up half of QVB, The Strand and Galeries

Inside Retail

The deal, which was negotiated by CBRE, represents the largest CBD shopping centre transaction since 2017, when Vicinity Centres acquired its 50 per cent interest in the same centres. Assets of this scale, quality and reputation are rarely sold,” said CBRE’s Head of Retail Capital Markets – Pacific, Simon Rooney.

Shopping 246
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UK retailer Mountain Warehouse makes Australian offline debut

Inside Retail

UK-based outdoor retailer Moutain Warehouse will launch its first Australian physical store in Brisbane’s Skygate Shopping Mall in July. We have plans to open three additional locations this year”. The store spans 3000sqft and offers men’s, women’s, and children’s clothing, footwear, and equipment.

Outdoor 214