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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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Ecommerce Marketing Lessons from Q4 2023 

Retail TouchPoints

Though many of the economic indicators were excellent, including the low unemployment numbers and strong GDP growth, there was a lot of uncertainty in the market throughout the year. According to online shopping data from Adobe Analytics , Black Friday sales were $9.8 billion, up 7.5% from last year. from 2022 to $222.1

Marketing 272
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How consumers’ forensic focus on prices is driving cross-shopping

Inside Retail

This includes cross-shopping, where consumers actively purchase their groceries from multiple stores. It’s not a new phenomenon for retailers but Coles and Woolworths are witnessing an uptick as grocery shopping becomes less habitual with consumers researching products extensively before heading to their local store.

Consumer 255
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JLL Rolls Out Virtual ‘Shopping Bestie’ in 13 Centers

Retail TouchPoints

JLL Retail Property Management has introduced a new virtual shopper agent named Cindy , designed to make the online experience more relevant and engaging at 13 of its shopping centers across the U.S. She also was built using multi-ethnic characteristics to resonate with a geographically and demographically diverse user base.

Shopping 259
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The Body Shop Australia facing ‘cashflow crisis’

Inside Retail

Credible reports suggest The Body Shop Australian business is facing a cashflow crisis as a result of the collapse of the UK parent company. The Body Shop operates about 100 stores in Australia and is said to be the most profitable international arm of the stricken business.

Shopping 290
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How One UK Destination is Redefining the Shopping Center  

Retail TouchPoints

Shopping malls are on the rebound thanks to Gen Z’s hunger for nostalgia and community. How do we shift the way our asset managers approach these assets?” Reframing the Shopping Mall Brand Images from the main shopping mall area. But that doesn’t mean these commerce destinations don’t need a major overhaul.

Shopping 260
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TikTok Shop Officially Debuts in the U.S.

Retail TouchPoints

It might have been the worst-kept secret in retail, but after months of unconfirmed reports , behind-the-scenes testing and tales from the front lines , TikTok has finally, formally launched its new ecommerce offering — TikTok Shop. in November 2022. reads the company announcement.