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Vicinity Centres acquires stake in Lakeside Jundaloop, doubles profit

Inside Retail

Vicinity Centres has acquired a 50 per cent stake in the Lakeside Jundaloop shopping centre in Western Australia from Future Fund for $420 million, and will co-own it with Lendlease-managed Australian Prime Property Fund – Retail. Its tenancy profile is supported by 16 mini-majors and 267 specialties and kiosks.

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Data Capital: The Competitive Weapon Most Retailers Have Yet To Fully Monetize

Retail TouchPoints

Take a look at the net profits of most traditional retailers. Brands and traditional retailers have yet-untapped opportunity to create flexible digital advertising platforms that can accommodate voice-activated in-home devices, mobile apps, in-store kiosks, digital shelf and display signage. Think that’s a reach?

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How dated stores could hurt Thai retail giant Big C’s sales rebound

Inside Retail

This was accompanied by a gross profit margin increase from 15.1 per cent and a net profit margin after tax of 3.4 Third quarter gross profit was particularly strong, coming in at 16.9 The shopping centres need a facelift too. It leases the shop space to junior anchors and small tenants that pay Big C rent.

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Higher average spend, overseas growth boost Retail Food Group’s first half

Inside Retail

But despite the challenges, the company increased its net profit after tax by 31.4 The subsequent emergence of the Omicron wave and the resulting close-contact isolation requirements further influenced consumer shopping habits and operational effectiveness, including lost trading days or hours for many outlets,” George said.