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Melbourne shopping strip vacancies close to long-term lows

Inside Retail

According to the latest Walk the Strip report from Fitzroys, there has also been a notable increase in food and beverage, service retail, and specialty retail across these local shopping precincts. This latest report follows an encouraging trend for business owners who occupy the city’s shopping strips.

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Oreana sells Kallo Town Centre for $64.5 million

Inside Retail

It also leases to 19 specialty retailers, medical/pharmacy, a gym, childcare centre and fuel station. Oreana has sold Kallo Town Centre in Kalkallo, northern Melbourne to Region Group for $64.5 The shopping centre spans over 7000sqm and has a 12-year lease agreement with Woolworths. The sale represents a 5.98 per cent yield for Oreana.

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Forget omnichannel, it’s all about unified commerce

Inside Retail

It wanted to create synergy between its bricks-and-mortar locations and digital storefront. By consolidating the systems into a central order management hub, Eileen Fisher empowered sales associates to locate any item in a specific size or colour and arrange for shipping from the nearest store or warehouse to a customer’s home.

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A Pea in the Pod® opens new concept stores in Chicago and New York City

Retail Focus

A Pea in the Pod, the well-known designer and specialty retailer of luxe maternity apparel and accessories, is returning to its retail roots with the opening of two new concept stores located in Chicago and New York City.

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Princess Polly rolls out in the US with Pacsun

Inside Retail

Australian fashion boutique Princess Polly has teamed up with specialty retailer Pacsun to expand its offering into the US. The brand – which previously sold in pop-up locations – will now be stocked in 15 Pacsun retail stores and online.

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Tasmania’s Glebe Hill Village centre for sale

Inside Retail

The Glebe Hill Village, located in Tasmania’s Howrah growth corridor on Hobart’s eastern shore, is for sale. It has a GLA of 6000sqm and 260 parking spots. The centre represents an asset of unparalleled quality, a level of craftsmanship unseen in the neighbourhood sector,” said JLL’s Stuart Taylor. “We

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PetSmart, DoorDash Partner for Same-Day Delivery

VMS

Last-mile logistics company DoorDash (San Francisco) and specialty retailer PetSmart (Phoenix) have announced a partnetship to facilitate on-demand delivery of pet supplies and accessories across almost 1500 PetSmart locations in the U.S., according to a press release.