article thumbnail

Scentre Group posts strong performance with higher Westfield foot traffic

Inside Retail

We have commenced the $50 million repurposing of department store space at Westfield Mt Gravatt to introduce Uniqlo, Harris Scarfe and a range of specialty stores. Cash collections during the 10 months to October 31 were $2.229 billion, $100 million more than the prior comparable period in 2022. “We

article thumbnail

Sans Drinks acquired by online retailer Just Wines

Inside Retail

Collapsed Australian non-alcoholic drinks specialty store Sans Drinks has been acquired by online wine retailer, Just Wines. The decision to enter into voluntary administration was a difficult one and I’m incredibly grateful to the team at Jirsch Sutherland, who really guided me every step of the way,” Falcone said.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Aeon Mall is looking outside Japan for future growth

Inside Retail

In its latest financial report, for the quarter ending 31 May, Aeon was at pains to push that point further. Regional trends This year, Aeon expects specialty store sales in its China shopping malls to grow by 30 per cent, which would normally be a forward indicator of strongly positive leasing spreads.

article thumbnail

Half share of Sydney’s Carlingford Court sells for $120.5 million

Inside Retail

The centre occupies a 33,298sqm site, and is anchored by Coles, Woolworths and Target, along with 65 specialty stores including Bing Lee, Fitness First and The Reject Shop, cafes, restaurants and takeaway outlets.

article thumbnail

New Products & Trends at Surf Expo

Independent Retailer

Taking place at the Orange County Convention Center in Orlando, Florida, Surf Expo draws buyers from specialty stores across the U.S., Bluewater at Surf Expo. The post New Products & Trends at Surf Expo appeared first on Independent Retailer. Caribbean, Central and South America, and around the world.

Apparel 95
article thumbnail

Miller Zell Wins 2023 Shop! Design Award with Micro Center “Store of the Future”

Miller Zell

ATLANTA, June 15, 2023— Miller Zell earned a first-place “Gold” award in the “Specialty Store Over 25,000 Square Feet (New or Remodeled)” category at the 2023 Shop! Design Awards for our design and execution of a “Store of the Future” for Micro Center in Tustin, Calif.

article thumbnail

Australians return to the malls despite a plunge in consumer confidence

Inside Retail

Comparable sales of major retailers and specialty stores were up by 11.2 Meanwhile, Allen said Scentre Group’s portfolio occupancy remains strong at 98.7 At the group’s Westfield Mt Druitt, a $55 million rooftop entertainment, leisure and dining precinct opened during the quarter. per cent to 90.4

Returns 264