Opinion: Consumers’ screen times gives shopping centres a headache
Inside Retail
OCTOBER 11, 2021
Landlords face the immediate challenge of finding suitable replacement tenants for the vacant shopfronts but they also must focus on the threat to future sales growth posed by potentially lower foot-traffic and spending. Myer online sales increased by 28 per cent, to $540 million, in FY21, accounting for 20 per cent of total group sales.
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