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Lewis Land puts Adelaide outlet shopping centre on the market

Inside Retail

Developed in 2003, the centre is Adelaide’s only purpose-built outlet shopping centre. Simon Rooney, head of retail capital markets for CBRE’s Pacific, who is managing the sale, described the centre as one of “Adelaide’s best-performing retail assets”.

Shopping 244
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How the Metaverse can Benefit Physical Retail Stores

Retail TouchPoints

With industries around the world showing interest in the metaverse, retail leaders are facing the exciting opportunity to follow suit and provide customers with the ease of online shopping without compromising the benefits of the physical experience.

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Prada hires former Luxottica chief Andrea Guerra as new CEO

Inside Retail

Reuters reported last week that the fashion group was set to hire Guerra in a top management role to ease the succession path of the Hong Kong-listed group founded in Milan in 1913 as a leather goods shop by designer Miuccia Prada’s grandfather and his brother.

Fashion 130
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Retail appointments of the week

Inside Retail

Together with his wife Eva and brother-in-law John Glandel, Besen began his entrepreneurial journey by taking over two lingerie shops established by Eva’s parents in 1939. Over the years, these two shops evolved into the Sussan clothing retail group, which included popular brands like Sportsgirl, Sussan, and Suzanne Grae.

Fashion 130
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Selfridges is set to be sold to Thailand’s Central Group

365 Retail

It now has 3,700 shops around the world, from supermarkets to electronics outlets, and department stores in Europe. Central Group’s non-executive director Vittorio Radice ran Selfridges between 1996 and 2003 and has been managing a department store in Italy since 2006. His role includes responsibility for expansions in Europe.

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How Robots Can Help Retail Operate Safely Again

Retail TouchPoints

Before COVID-19, the brick-and-mortar shopping differentiator for the consumer was the in-person experience: They could try on the goods, or just see them in context. But for the foreseeable future, shopping will be “ no contact.” Malls were ranked lowest, with only 33% of respondents saying they feel safe shopping there.

Shopping 306
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Why Online Marketplaces are Outpacing Ecommerce in a Post-COVID World

Retail TouchPoints

Consumer shopping habits have shifted irreversibly towards ecommerce in the past two years. These carefully designed marketplaces take the guesswork out of online shopping, providing customers with a one-stop destination for the right product in every circumstance. Why Marketplace Momentum Will Only Continue.