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Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

Vincom is easily the largest mall developer and operator in Vietnam, and wants to focus less on new development this year and more on a trifecta of objectives aimed at its existing mall fleet: driving rental growth, upgrading its market positioning, and strengthening the shaky operating metrics of elements of its far-flung portfolio.

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The lowdown on Central Group – reported new owner of Selfridges

Inside Retail

And while Central Group’s publicly listed subsidiary, Central Retail, has denied any involvement in the transaction, multiple reports suggest that another division of the conglomerate is involved in the talks. Central’s superregional malls and department stores are ubiquitous in Thailand.

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Why so many global brands fail in Australia

Inside Retail

They arrived with great fanfare but many international retail brands have found the Australian retail market has been a graveyard. The German hypermart chain Kaufland, and potentially the Lidl supermarket chain, were sizing up the Australian market in 2017 but decided not to proceed.

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What John Lewis’ $195m deal with Google says about the future of retail

Inside Retail

Google’s smart play will be continued expansion in retail – worldwide including Europe – John Lewis and Kingfisher make up less than one per cent of the European retail market. growth in this space will be inevitable,” Chakravarty noted.