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Shopping strips across Melbourne are experiencing lower than average vacancy-rates, which could be due to more people working from home. According to the latest Walk the Strip report from Fitzroys, there has also been a notable increase in food and beverage, service retail, and specialtyretail across these local shopping precincts.
Shopping strips are facing increasing challenges, and not just because of retail competition. While there is still a lingering Covid shadow on some shopping strips, including those in capital city central business districts (CBDs), other factors are impacting the viability of suburban retail precincts.
The retail industry in Malaysia has struggled during Covid, but shopping centre Pavilion in Kuala Lumpur has continued to find a way to reach consumers. Here, we chat with CEO of retail, Dato’ Joyce Yap, about the future of malls and how sector have evolved in the past year.
In Australia, nearly half of consumers (48 per cent) are now shopping online at least sometimes. While online grocery sales are predicted to keep growing strongly , the majority of grocery shopping still happens in physical stores. They show greater versatility and a higher preference for online shopping than older shoppers.
Plus there are more than 40 specialty stores, a food court, cafes, restaurants, takeaway eateries, casual dining, and a new Play & Learn Child Care Centre. The purpose-designed undercover six-bay Click & Collect drive-through, new facade treatments, lighting, and architectural features.
There, specialtyretailer Filson (Seattle) – a 124-year-old maker and seller of men’s and women’s outdoor clothing, accessories and luggage – opened a flagship store whose interior incorporates major structural elements of a rustic barn. Circa Lighting , Chicago. Heliotrope Architects , Seattle. General Contractor. Door Harware.
With so many options and channels available to shoppers today, a focus on optimizing the brick-and-mortar experience has become a greater priority for retailers and designers. Efforts to enhance that physical and personal shopping experience walk a fine line between trendy and traditional.
Rents still heading up but sales productivity is treading water Sales productivity is still marooned: at Simons domestic malls and premium outlets, specialtyretailer sales per square metre were $7951 in 2024, down from $8016 per square metre in 2023. Simon is not drawing attention to that particular metric with flashing lights.
In the late 19th and early 20th centuries, well before high-end shops and boutiques graced the iconic retail corridors of Fifth Avenue, Champs-Élysées and Via Monte Napoleone, consumerism and desire became a driving force in Western culture. department stores were soon feeling the effects of this new form of “shop” shopping.
Here, we speak with CEO Graham Dean about the challenges of scaling a business at the right pace, the importance of a consistent growth strategy and how global department stores can compete with specialtyretailers. Inside Retail : Harris Scarfe is marking 175 years of trading this year. It began back in Adelaide in 1849.
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