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The Berry Tea Shop launches equity crowdfunding to scale business

Inside Retail

Craft tea retailer The Berry Tea Shop has launched an equity crowdfunding campaign via Birchal as it seeks to scale the business and expand its product portfolio. Founded in 2010 by Cliff and Paulina Collier, The Berry Tea Shop offers a selection of more than 48 varieties of loose-leaf tea, tea wares and accessories and includes a cafe.

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Melbourne retail vacancy rate plummets as F&B sector eats up space

Inside Retail

Melbourne’s shopping strips have made a staggering recovery as vacancy rates drop below pre-Covid levels, according to new research. Vacancy rates across 36 key shopping strips fell from 10.3 Service retail such as hair, beauty, nail salons and gyms plunged by 3 per cent to 26 per cent since 2019 while specialty tenancies fell from 37.7

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Aldi UK’s latest Special Buy: checkout-free shopping

Inside Retail

In 2019, 7-Eleven Australia removed physical checkout from the store at its head office in Melbourne. It will be interesting to see whether Aldi follows the trends in this space or looks for ways to take it in a different direction,” Pallant said. “An Other retailers have followed suit with checkout-free tech.

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Ikea buys former Topshop Oxford Street store

Retail Focus

Since 2019 Ikea has opened shops in major cities such as Tokyo, Madrid, Moscow, Paris and New York to grow its presence on busy high streets. This property offers great potential for retail space, and we firmly believe in the long-term value of the real estate market in London.”.

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How Chadstone became Australia’s most profitable shopping centre

Inside Retail

Australia’s Fashion Capital, also known as Chadstone shopping centre in Melbourne, is celebrating its 60th anniversary this year. In that time, the way people shop has changed dramatically. Here, we ask Whitehead about the role of the shopping centre in the age of e-commerce and what retail trends he’s got his eye on.

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Myer to close Blacktown store as downsizing plan continues

Inside Retail

As the troubled department store retailer tries to reight-size its portfolio in the wake of consumers moving online to shop, Myer said the Blacktown store closure was the fifth under its Customer First Plan launched in January 2019. The last day of trading at Myer Blacktown will be Sunday April 3.

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More dining and a new food hall: How Chadstone is evolving to stay ahead

Inside Retail

More than five years after Vicinity Centres first kicked off its $660 million makeover of Chadstone shopping centre , the so-called “fashion capital” is continuing to expand its footprint and evolve its offering to meet the changing needs of shoppers. million, is just the latest example of this. . How Chadstone stays number one.

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