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Location has always been a prime strategic advantage in the highly competitive grocery retailing industry. Our research shows how changes in population and housing will affect the overall demand for goods and services in different locations. The share of managers and professionals in total resident employment rose from 24.7
Instead of manually searching for items, employees can send digital requests for merchandise, ensuring that products are located and delivered to customers quickly. Unifying online and offline channels with a single system Todays customers expect a seamless shopping experience, whether theyre browsing in-store or online.
Popular online brands, growing F&B operators, and established retail names are just some of the occupiers who have moved to Manchester Arndale over the past 12 months as the shopping centre strengthens its position as the North Wests premier retail destination.
This is in addition to more than 500 existing Australia Post parcel locker locations in the network. The initiative will double the number of Australia Post parcel locker locations to more than 1000 giving customers more options for receiving their online shopping and parcels.
Its not just about numbers; the diversity of migrants also creates opportunities to reshape tenant mixes in Australias shopping centres and retail strips. Traditionally, this strong population growth would have transformed Australias retail landscape, with new and large shopping centres built to meet increased demand.
LaManna, the 10,000sqm independent supermarket located at Essendon Fields, is rising to the Christmas occasion. Typically, consumers seek out department stores and shopping centres to get in the holiday spirit but LaManna has managed to position itself as the exception.
Today, a physical presence is a brand’s most manageable, tangible, and measurable marketing tool,” Gray reaffirmed. While the industry can agree on the necessity of a physical presence for retailers operating in the apparel space, the jury is still out on the optimal number of locations for brands to maintain relevance and succeed. “We
Tough times “We’ve poured everything into it, given it every opportunity and it got to the point where it just couldn’t work,” Ross Poulakis, Harrolds Group’s managing director, told Inside Retail. I had clients tell me they refuse to shop in the city now,” Poulakis said.
Melbourne-based fund manager Fawkner Property and alternative investment firm PAG have acquired Perth’s Midland Gate shopping centre for $465 million. The deal marks Australia’s largest single regional asset transaction since December 2019.
The company managed to eke out a 1.7 In contrast, the two formats Vincom operates in secondary locations Vincom Plaza and Vincom+ have persistent vacancy rates in the 20-30 per cent range, which isnt a good look. Leasing revenue increased 3.9 per cent increase in after-tax profit, to 1085 billion VND.
Tenants at Caneland Central in Mackay, Queensland are completing their refurbishments as part of the shopping centre’s makeover. The RM Williams store at Caneland Central will also be the second location in Queensland to feature the brand’s ‘New Concept’ fitout.
Omnichannel operational structure Adore Beautys executive team has been reshaped to ensure the business has the right structure to execute and manage the opening and operation of its bricks-and-mortar stores transforming the beauty retailer into an omnichannel one.
Having found out that “traditional” management tools have become less relevant, brands were forced to rethink their processes to survive, stay relevant and true to their audiences. . In addition to perfecting each brand touchpoint’s management, it is the liaisons that matter the most in an omnichannel context.
Discount retailer The Reject Shop says consumers are gravitating towards low-priced consumables due to inflation. During this period, the business also opened eight new stores in predominantly strip locations and neighbourhoods in both metro and country areas. During the company’s trading first half, sales grew 3.5 million, up 7.8
Cornerstone stakes in two super-regional Australian shopping centres have gone up for sale in the first such investor opportunity in two years. Dexus Wholesale Property Fund is offering a 20-per-cent interest in Gold Coast’s Pacific Fair Shopping Centre and a 25-per-cent stake in Sydney’s Macquarie Centre.
A 50-per-cent share of Brisbane’s Grand Plaza Shopping Centre has been acquired by EG Australian Core Enhanced Funds for an undisclosed amount. Located 22kms from Brisbane’s CBD, the centre sits in an underutilised site spanning 181,090sqm with a gross lettable area of 53,288sqm.
The new 1,841 sq ft eatery features seating for 85 people, Pret’s signature interior design with wooden accents and red tones, and will be managed by franchise partner, Dallas Holdings Limited. The menu includes a variety of renowned handmade sandwiches, wraps, salads, baked goods, and snacks.
Touchwood Shopping Centre in Solihull has continued to expand its leading offer with the arrival of Spanish fashion retailer Mango. Ardent UK acquired Touchwood in summer 2021, the first major shopping centre acquisition since the onset of the pandemic, in a deal that effectively called the retail investment market.
featured speakers such as Beatrice de Quinsonas Drouas, Director of Research at BPCE Solutions Immobilires; Mathieu de Mallman, Global Head of Retail and Healthcare at AXA IM ALTS; Eric Decouvelaere, Head of EMEA Urban Destinations at CBRE Investors Management; and Romain Muller, Head of Investment Management Retail at Union Investment.
million, as lockdowns around the country caused shoppers to avoid public spaces, with many of the businesses stores located in shopping centres and CBD locations: areas hit particularly hard by movement restrictions. Despite this, the Reject Shop turned a profit 643 per cent higher than the year prior, hitting $8.3
The Body Shop Australia is taking a new approach to its recruitment of Christmas casuals, with a fair and inclusive hiring program specifically targeting minority groups that face barriers to employment. She said that improving access to employment strongly aligns with The Body Shop’s mission to fight for a fairer world. How it works.
Research shows that a lousy customer experience will deter 76 per cent of customers from returning to shop on your platform. In the intense retail environment, managing inventory effectively is the difference between delighting the customer at those peaks or missing out,” concludes Egglestone.
Located in the biggest shopping destinations of the English capital, the Covent Garden store, which is part of The Yards, has opened, and the Soho store will open on November 14 th. This central London location is known for launching premium concepts and being home to sector-leading brands. – 7 p.m., – 6 p.m.
As the widespread, algorithmic-homogeneity becomes more pervasive – we also believe experiential retail will undergo a major reimagining, refocusing on design differentiation, visual artistry and amplifying the emotion of shopping. Finally, video content will dominate product detail pages, becoming essential for driving purchases.
Derbion, the East Midlands premier retail and leisure destination, has announced that 2024 saw a series of new openings, upsizes and relocations across the shopping centre as it continues to attract and retain leading retail and F&B brands. Derbion store and facilities photography 2024. The latest new retail stores at Derbion in Derby.
Double whammy Tracey Bailey, founder and CEO of Biome – a retail business focused on everyday eco-friendly items – recently announced that the brand was subleasing its location in Brisbane’s inner city – and looking to downsize. She said that if only one of these phenomena was occurring, Biome’s situation would likely be more manageable.
Great Portland Estates (GPE) has announced that The Fragrance Shop, the UK’s largest independent fragrance retailer, will open its first experiential flagship store at 70/88 Oxford Street in London. ” The post The Fragrance Shop to Launch Flagship Store on Iconic Oxford Street appeared first on Retail Focus - Retail Design.
At the time, there was also an ample amount of DTC brands such as Warby Parker, Glossier, Allbirds and Casper launching into the market, dramatically shifting American shopping behaviour towards online channels. In addition to thriving DTC operations, there are now 26 physical Parachute stores located across the US.
Armadale’s High Street has become one of the most expensive shopping destinations in Melbourne and the row of retailers is essentially a who’s who of Australian fashion. All the connotations that come with high street shopping carry through to Armadale’s High Street with its pedestrian walkways lined with shops.
Nadine Heubel, senior managing director of travel retail North America and global wholesale at Newmark, recently shared her insights regarding the latest in US brands, technology and trends that will shape the global retail landscape in 2023 and beyond. You can watch the Masterclass sponsored by Adobe here.
Two major new brands are setting up shop at Northern Ireland’s premier outlet destination, The Boulevard , following the schemes record breaking sales. The Boulevard, that is located on the A1 corridor between Belfast and Dublin, is managed by Lotus Property and advised on leasing by Johnstone Property Consultants.
The 10,441 sq ft store will be located opposite M&S Outlet and will feature NEXT’s clearance collections across women’s, men’s, and children’s fashion, as well as homeware, beauty products, and footwear. Gloucester Quays enjoyed record breaking sales in 2022, as well as a rise in footfall over the Christmas period.
The designer outlet, located in Wembley Park , has attracted shoppers from across London and beyond throughout the last 12 months with footfall increasing by 2% with over 5.4 Meanwhile, LDO has also enhanced its F&B line up after announcing that Afrikana would be opening a new location early in 2025. million people visiting LDO.
Managing inventory in hard goods retail is a constant balancing act. Retail environments are highly competitive right now, making inventory management more than just a back-end function its a critical driver of sales, customer satisfaction and financial health. Yet, traditional inventory planning methods struggle to keep pace.
Aldi, which only recently introduced self-serve checkout in Australia , announced last week that it would open its first checkout-free store on a trial basis, at a location in London that is yet to be confirmed. Will they be able to manage product limits if consumers are able to scan and go with these scarce items?”.
The new concession, located in Selfridges’ Accessories Hall, showcases the brand’s latest design concept, inspired by the renovated Fifth Avenue flagship designed by Peter Marino. is celebrated, with personalised shopping experiences that reflect the brand’s rich and storied heritage. The addition of Tiffany & Co.
What started in 2019 as a six-month pop-up shop that welcomed 3000 visitors on opening day has quickly turned into a full-blown retail operation with multiple bricks-and-mortar locations, a wide range of SKUs, and several intriguing collaborations. The company expects to open its fifth physical shop, in Los Angeles, in September.
The new store location at Liverpool ONE is slated to open in Spring 2025 and will be the 8th store in Sephora UK’s growing physical retail portfolio, which includes stores in Westfield London, Westfield Stratford City, Manchester’s Trafford Centre, Newcastle’s Eldon Square and Gateshead Metrocentre.
The new 1,500 square foot store, located on Upper Peel Avenue will feature the brands core ranges, alongside its seasonal love-themed product range in celebration of Valentines Day. This marks the brands 81st in the UK, amongst a global footprint of over 1,000 stores in 36 different countries.
You can’t write a step-by-step policy for this, all we can do is remind retail teams that they are more important than something happening to the shop,” Anne Natale, Jeanswest’s general manager of retail, told Inside Retail. “We Talking about this is important,” she said.
Located in Adelaide, the 15,000 sqm distribution centre is the home of the business’ first machine able to simultaneously sort small and large parcels, which should go some way to improving productivity. This new facility will help us get through those high volumes of parcels moving quickly and to people’s doors faster than before.”.
per cent despite sluggish sale s, The Reject Shop has said trading remained challenging through the beginning of the second half. The company’s stores in CBD locations and large shopping centres have continued suffering compared to before the pandemic, with sales down 12 per cent compared on a 48 week period to 30 May.
Real estate investment trust Growthpoint Properties Australia is selling Albany Creek Village shopping centre, with an expression of interest campaign set to begin next week. Tynan said the high-performing venue will be defined as a true town centre and offers re-positioning opportunities in a prime metropolitan Brisbane location.
With over 2500 locations nationwide, this innovation is designed to enhance convenience and customer experience for e-commerce returns. Instead, customers can simply book a return and drop off their item at a local Parcelpoint location which are open weekdays, weekends and extended hours. This is the evolution of returns management.
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