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Christmas retail sales tipped to top $60 billion

Inside Retail

Australian Christmas retail sales are predicted to exceed $60 billion, despite the impact of inflation and cost of living problems, according to research from the National Retailers Association (NRA). Covering the pre and post-Christmas shopping periods, that figure would represent a 3.9 per cent increase over last year.

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“Very few small shops left”: Biome founder on the plight of small retailers

Inside Retail

All of this has had a damaging effect on retail sales, which have been subdued in recent months. According to a joint study by the Australian Retailers Association and American Express, 32 per cent of small and medium businesses with a turnover of less than $50 million are feeling uncertain about the year ahead.

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Two WA shopping centres up for sale

Inside Retail

Margaret River Shopping Centre and Busselton Boulevard Shopping Centre in Western Australia have been put for sale for the first time in 10 years. On behalf of the vendor, a private family that has owned the centres since 2011, James Douglas of CBRE and Craig Butler of VPG Property will oversee the sale process.

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Australia Post invests in South Australia ahead of Christmas rush

Inside Retail

Located in Adelaide, the 15,000 sqm distribution centre is the home of the business’ first machine able to simultaneously sort small and large parcels, which should go some way to improving productivity. The ARA-Roy Morgan 2021 pre-Christmas Retail Sales prediction said Australians are likely to spend around $58.8

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How, where and what shoppers are buying in the final week before Christmas

Inside Retail

How will consumers be spending their dollars in the week leading up to Christmas, what are retailers doing to entice consumers in-store and which retailers will benefit from this? These are pressing questions that many in the industry will be asking themselves in the final few big shopping days of the year.

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Former INTU Shopping Centre set to transform into West Midlands leading lifestyle destination

Retail Focus

A multi-million pound programme of investment announced today by Ellandi , a UK privately-owned shopping centre operator, is set to transform Merry Hill shopping centre near Birmingham into a best-in-class regional retail destination and the most vibrant family lifestyle destination in the West Midlands by July 2025.

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How premium Japanese outlet Gotemba is bringing beauty to bargain shopping

Inside Retail

Snuggled in a forest at the foot of Japan’s Mt Fuji, Gotemba Premium Outlets is in a location that is picturesque, to say the least. It takes a great centre to do justice to the location alone, and Gotemba qualifies. The centre’s tenant lineup is a who’s who of high-end retail, featuring designers from all around the world.

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