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Vicinity Centres posts highest occupancy rate since 2019

Inside Retail

per cent during the fiscal first half ended December 31, its highest point since 2019. During the six months, Vicinity entered into contracts for asset sales to fully fund the acquisition of the remaining 49 per cent of Chatswood Chase Sydney shopping mall. “1H Vicinity Centres reported an occupancy rate of 99.1 million from $176.3

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Walmart’s futuristic vision: AI shopping, drone deliveries and green energy

Inside Retail

The world’s largest retailer shared expansive plans for the future of retail at the recent Consumer Electronics Show (CES 2024), focusing on adaptive retail strategies that encompass realms of customers, workforce and society. Embracing AI Walmart’s goal is to make shopping experiences effortless, engaging and personalised.

Shopping 262
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Spanish Fashion Giant Mango Boosts Retail Offer at Touchwood Shopping Centre in Solihull

Retail Focus

Touchwood Shopping Centre in Solihull has continued to expand its leading offer with the arrival of Spanish fashion retailer Mango. The implementation of the strategy is paying dividends, cementing Touchwood’s position as the region’s must-visit retail destination.

Fashion 264
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The Cheesecake Shop sold to Aussie investment firm

Inside Retail

The Cheesecake Shop is to have new owners. Aussie based investment River Capital has entered into an agreement to acquire The Cheesecake Shop Group (TCS) for an undisclosed amount from existing owners PAG Asia Capital. The post The Cheesecake Shop sold to Aussie investment firm appeared first on Inside Retail.

Shopping 297
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Premier Retail sets record guidance as Covid strategies pay off

Inside Retail

The group has successfully enabled customers to shop seamlessly either online or in-store during the Covid-19 health crisis. While this year’s growth is in part due to a low base because of widespread lockdowns 12 months ago, the company’s performance is actually even better when compared to the same period in the 2019 financial year. .

Strategy 246
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Chocolate channels: Inside Lindt’s new in-store and online strategies

Inside Retail

The shop features the brand’s new in-store design, which uses mirrors, wood, copper and natural light to create a welcoming, modern environment. Schai said Lindt’s bricks-and-mortar strategy revolves around three store concepts: the cafe, the outlet, and the boutique. It is our one-stop-shop gifting destination.

Strategy 130
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Australian label Princess Polly opens its first physical store in the US

Inside Retail

Since its entry online in 2019, the company says US sales have made up the majority of its revenue. The company says physical retail expansion is its new business strategy and follows its decision earlier this year when it signed a deal with PacSun to stock its merchandise in-store and online.

Expansion 278