Inside Retail
OCTOBER 11, 2021
Retail shopping centres face a major challenge rebuilding customer traffic and sales after the Covid-19 pandemic is controlled. The Covid-19 disruption has closed some businesses while accelerating a contraction of store networks many chains had started before the pandemic forced trading restrictions and lockdowns.
Inside Retail
JULY 4, 2022
Luxury footwear and fashion retailer Sneakerboy faces a new test after administrators were appointed to oversee the embattled retail chain. In April, AMP Pacific Fair, operators of the Gold Coast Pacific Fair shopping centre, filed a winding up order in the Queensland Supreme Court.
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Inside Retail
MARCH 27, 2022
Russia is looking to China, India, Iran and Turkey to plug the gap created by an exodus of western retail companies, an industry body said on Friday, as Moscow grapples to find ways to combat its growing isolation in the face of sanctions. 24 in what it calls a special operation.
Inside Retail
APRIL 27, 2022
This model is in response to a sustained increase in online shopping that is seen within the existing supermarket network, while also providing a reduced Covid-19 risk for customers,” a Woolworths spokesperson said. Who doesn’t want to get in, pick up their shopping and get out? “I Good on Woolies for finding a site to trial this.
Inside Retail
SEPTEMBER 10, 2023
For a while, it was looking like a meaningful downward rent reset at shopping centres was a real possibility. Why this hasn’t occurred The trouble is that leases turn over on a gradual basis, somewhere between 10-20 per cent of leases in a shopping centre every year, depending on the country and what kind of shopping centre it is.
Retail Focus
JUNE 1, 2021
Despite a challenging year for the retail market, with forced store closures during lockdown periods, over 860,000 customers (a 55% YoY increase) in the UK & Ireland chose to shop at the Scandinavian retail chain to improve everyday life in their homes, confirming a UK-wide trend that has seen homewares sales soar.
Inside Retail
MARCH 9, 2023
Despite brave talk by shopping-centre companies, not just in Singapore but globally, about being able to adapt to e-commerce and continue to thrive, behind the scenes they have never been truly comfortable with the e-commerce juggernaut. Retail occupancy is 98.3 per cent – pretty much as good as it gets for shopping centres.
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