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Vicinity Centres posts highest occupancy rate since 2019

Inside Retail

per cent as of June 30 last year and 98 per cent at the peak of the pandemic (December 2020). Statutory net profit after tax rose to $223.5 During the six months, Vicinity entered into contracts for asset sales to fully fund the acquisition of the remaining 49 per cent of Chatswood Chase Sydney shopping mall. “1H

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Analysis: As technology marches on, Asia’s retail property huffs and puffs

Inside Retail

Where revenues went, profits followed. Those same 20 companies made a net profit of US$320.6 That’s an astonishing 19 per cent profit gain. Top of the list of tech giants was Amazon, which had a net profit of US$21.3 billion (+6 per cent on 2019), while Alibaba was at number 8 with US$110.4

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How HomePro aims to grow in Thailand’s fragmented DIY market 

Inside Retail

billion THB, or about US$553 million (A$837 million) at current exchange rates. Net profit came in at 1.6 But it also owns an extremely popular shopping mall called Market Village in the seaside resort of Hua Hin, a few hours southwest of Bangkok. Thailand’s population has been growing at a rate of about 0.2

Marketing 130
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Meijer marks supercenter’s 60th anniversary

Mass Relators

“The opening of ‘Thrifty Acres’ in June 1962, was history in the making, although I’m not sure our dad and grandfather realized it at the time,” Meijer Executive Chairman Hank Meijer said. . — Meijer Inc. This was in addition to the full supermarket already in operation.