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Southeast Asia as key market We see Malaysia as a prime opportunity, given its status as one of Southeast Asia’s largest and most developed economies,” Mohammad A Baker, CEO of GMG, told Inside Retail. Meanwhile, Hong Kong remains a strategic retail hub with a high-spending customer base and access to premium retailspaces.
Frasers Property Australia has won permit approval for the first stage of a retail complex in Melbourne’s burgeoning western suburb Mambourin. The post Frasers plans $50 million shopping centre in Mambourin, west Melbourne appeared first on Inside Retail.
The Grand Eastlakes Shopping Centre in Sydney has rebranded to One Global Gallery. The shopping centre is the first of One Global Capital’s plannedretail galleries to be created under the brand. ” In July 2021, the first stage of the shopping centre opened, comprising over 3000sqm of retailspace. .
BPCE Solutions Immobilires noted that the retail investment market is undergoing a profound transformation in 2024-2025, characterised by renewed momentum and radically different strategic approaches. There is now a clear distinction between the retail of 2019 and that of 2025.
Someone remarked a while ago in reference to the excess of retailspace and an alarming number of dead malls in the US that the country was not overbuilt, but underdemolished. National retail sales tabulated by Vietnams National Statistics Office (NSO) grew by a hefty 9.0 per cent on 2023, with leasing revenues up 1.1
Dutch fashion retailer Scotch & Soda is accelerating its global expansion plans with a total of 15 new brick-and-mortar stores and 12 shop-in-shops opening worldwide over the next six months. IR: How are you planning to grow the brand in Asia Pacific?
Sportwear apparel brand LSKD will open its first Melbourne brick-and-mortar store at Chadstone Shopping Centre. The store is the first of five planned for Australia, with another set to open in New Zealand, all within a year. The store features a retailspace of 154sqm and will display core styles as well as new collections.
Still, the reported move into department stores would represent the retailer’s biggest bet on bricks-and-mortar to date. And it would come at a time when some long-running department stores are closing up shop. We asked four retail experts to weigh in. So what could be driving the move?
Customers have missed the experience of shopping in-store, and we’ve seen strong support across our suburban stores, with improvement in CBD locations in recent months. SS: Covid has undoubtedly impacted the way consumers are shopping, and it’s impossible to ignore the consistent growth in the digital space as a result.
TaskPod aims to change the way that Australians work while on-the-go, with the start-up providing quiet, private and flexible working spaces in recreational and retailspaces, transport hubs and other locations across the country. However, they realised that people desired spaces to work while away from the office.
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. It now plans to open Ikea Oxford Street in autumn 2023, following the planned launch of its Hammersmith store later this winter.
ProCook opens the doors to its latest store on Thursday 23 rd November, following continued plans to pursue UK retail expansion. The new store at atria Watford Shopping Centre in the Greater London area is the brand’s 60 th store to open.
Anchoring Exhibition Square, a key junction where Yellow, Blue, and Platinum Malls meet, the shopping area of the upsized store will cover nearly 80,000 sq ft. We can’t wait for our customers to see the extended selling space, giving them even more reasons to visit.”
Grosvenor has announced that Sook, the pop-up retailspace operator, has signed to take over a unit on Liverpool ONE’s Upper South John Street. Fitted out with digital display boards, screens and fixtures, the Liverpool ONE space will be fully customisable to suit individual retailer requirements.
These companies know that helping nearby communities creates emotional links strong enough to promote lifetime loyalty and counteract the challenges e-commerce presents, such as price comparison, opportunistic shopping and purchase deferral. Good third spaces reflect and celebrate their neighbourhoods.
Williams has endeavoured to create a warm and inviting shopping experience for customers. Ralph Lauren, Victoria High-end fashion brand Ralph Lauren has recently unveiled its latest offering – a Polo Ralph Lauren store in Melbourne’s Highpoint Shopping Centre. This is in service of creating a calmer shopping experience.
nawa Bay premium outlet shopping destination in 2024. Five years in the planning, M?nawa When completed it will offer a light-filled, architecturally striking home for 100 stores across 24,000sqm of retailspace and stores ranging in size from 50sqm to 1500sqm. A leading shopping destination for an untapped market.
“Our investment in GMP and expansion into omnichannel retail introduces new instore and online sales opportunities, while also extending the reach of our retail partners and supplementing the 340 million visits we had to our centres in FY21,” said Vicinity’s chief innovation and information officer Justin Mills. “[The
Shopping can be an exhilarating experience, but even the most avid shopper needs a break after hours of walking and browsing through endless aisles of products. Relax in a Café or Bookshop One of the most classic ways to take a break during a shopping spree is by visiting a café or a cosy bookshop.
"This remained a challenge and it took us eight months to complete the project, including three months of understanding the brand, working on planning and design concepts and preparing technical drawings," the founders explained.
Ksubi, the Australian denim streetwear brand, plans to open three standalone stores on two continents before the end of this year. Next year, the brand will mark its return home to its Australian roots, with stores planned for Sydney and Melbourne. .
To put it simply, there is no escaping the subject of sustainability in retail. If you walk up and down the aisles of supermarkets, clothes shops or even furniture stores, you will notice that more brands are shouting about their commitment to protecting the environment, be it via packaging or marketing messages.
Not only do these shoppers support our traders, they also go on to make the most of our hospitality and entertainment offerings before and after their shopping trips,” Capp said. It seems the CBD has become more of a shopping, than working destination,” Johnson said.
Using a differentiation strategy allows retailers to create a unique in-store shopping experience – that can’t be replicated online, and will set you apart from the competition. Others are more novel, such as experiential retailing, retail greening, and collaborative marketing. Don’t waste this opportunity.
It’s a relatively new entrant to the market, compared to other brands such as Nike and Puma, but it’s got plans to fast-track its presence in the region. The brand currently has 74 stores in the country, and there are plans to expand the network further.
Retail design is a creative and commercial field combining several areas of expertise in the design and construction of retailspace. Due to the heavy demands of retailspace, retail design is getting more lucrative and highly sought. Create A Business Plan. Seek Advice .
Beyond the social and environmental benefits and aesthetic appeal, the addition of green spaces in urban areas can have an enlivening effect on the retail industry, boost the local economy and make shopping a more appealing prospect. He added that it’s a consideration for planning departments within each municipality.
July co-founder Athan Didaskalou said the business will be launching a store in Sydney’s The Galeries shopping centre in September, then focus on launching stores in New York and Los Angeles soon. The secret sauce for us has got to be our physical retail,” Didaskalou told Inside Retail.
But the development and popularisation of online shopping has enabled the company to reach more people. It will feature three levels – including a significant retailspace, parking and a restaurant and bistro serving Swedish delicacies – with sustainability at the heart of the development. So we expect that to do well,” he said.
Aeon is excited about its prospects in Vietnam and wants to expand aggressively, although it will come up against perennial oversupplier of retailspace in home-grown developer Vincom. The company says 70,000 customers visited the mall on opening day.
Australian-owned and operated sportswear brand LSKD is opening its third retailspace this year, as part of a plan to expand its retail presence before peak period. LSKD founder and chief executive Jason Daniel tells Inside Retail that the brand’s core value is to move fast and break s**t. Giving back.
A recurring theme at Day two of NRF’s Retail’s Big Show Asia in Singapore on Wednesday was clearly the understanding among retailers of the need to deliver a great customer experience to succeed. In Macau customers can try a cocktail in store at a rotating bar in the middle of the shop.
Our first lookbook of 2023 collects 10 pop-up shop interiors from around the world, from a swimming-pool-style store by fashion brand Jacquemus to a playful supermarket stocked with groceries made of felt. Showcasing a variety of material and colour palettes, here are 10 pop-up shops featured on Dezeen. Photo by Gray Hamner.
The new stores are part of a wider push into the physical retailspace, Oz Hair & Beauty’s chief executive Anthony Nappa (pictured, left) told Inside Retail , and come after a significant investment from Edison Growth Fund, BBRC, and Accent Group CEO Daniel Agostinelli in 2021. “Our
We will admit that location is also an important factor – Know your audience and their shopping habits. Also get into the detail of location, being near a main shopping road such as Carnaby St, might seem like a cost-effective option to be close to the action, but in reality, footfalls can decrease by 70% being only one street over.
Australian online travel agency Luxury Escapes has opened its first permanent bricks-and-mortar store, replete with “stunning visual displays and interactive customer activations,” at Chadstone Shopping Centre in Melbourne. This – coupled with the rising cost of airfares – has led to a change in travel plans, en-masse.
Saint Laurent, Mulberry and Golden Goose are just a few of the international designer brands that have opened stores in 80 Collins, Dexus’ new high-end shopping and dining precinct in Melbourne. IR: Did your plans for 80 Collins change at all due to Covid? That’s the beauty of the precinct. AR: Not really.
Last year, Louis Vuitton partnered with the cultural-retail development to hold its exclusive Men’s Pre-Fall 2024 Show for the first time in Hong Kong. Additionally, Prada will make its debut in the area, opening its first store at the shopping centre.
Competition from online shopping and restrictions from two lockdowns have dealt a blow to physical stores. According to the Centre for Retail Research, almost 14,000 shops have permanently closed this year in the UK which is a 24.8% One Norwegian robotics company has designed a potential solution to changing retail needs.
In the vibrant corridors of retail environments, where consumer activity perpetually buzzes, the strategic allocation of retailspace emerges not merely as a tactic but as an essential strategy, intertwining security and spending patterns.
Theres a different energy when customers shop in person versus browsing from their homes. IR : How do you plan to approach overseas expansion? As for a physical store, I don’t feel the need to rush into a permanent retailspace just yet. IR : What insights are you looking to gain from this initiative?
The pet centre will also have a small amount of retailspace, where Walmart plans to sell its own private-label pet care brands. Retailers may also want to consider enhancing the omnichannel shopping experience for their customers.
The new store follows a fluid, open-plan layout, that combines fresh, contemporary comfort with sleek and deliberate detailing. LK Bennett has announced the opening of their new Flagship store at 95-96 New Bond Street.
The brand commands premium prices for its designer eyepieces and is renowned for its stores, most of which resemble contemporary art galleries more than retailspaces. Zhaoran conceded there is no five- or 10-year plan for Documents’ future. “I There is no model to look at, so our plan is only three years at the longest.
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