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South Australian-based private investor Taplin Group has acquired Adelaides Kurralta Village shopping centre via an off-market deal for $75.2 It is anchored by Coles and Kmart alongside 12 specialtystores, with an annual net passing income of around $3.5
Established in 2022 in Howrah, the retail centre spans 6002sqm and is anchored by a Coles supermarket, a full-line Priceline, a 24-hour drive-thru McDonald’s Liquorland, and 16 other specialtystores. Tipalea has sold Tasmanian retail centre Glebe Hill Village to Charter Hall for $50.25
Unlike the narrow department store sector, the second half performance did not see a material decline in growth because the broader set of retailers for the most part are not so dependent on tourism. Supermarkets finished the year with 3 per cent sales growth in December, making it +2.7 Convenience stores slumped (-0.9
A fresh food market pavilion, alfresco dining and another office tower are still to come. Local department stores Myer and David Jones anchor Chadstone’s retail offering, alongside budget retailers and supermarkets, a cinema, local and international flagships, over 335 specialtystores and the most expansive luxury offering in Australia.
The retail operations are not just confined to malls but also incorporate custom-built high streets and markets. Food sales are done under five different formats: Savemore, SM Supermarket, SM Hypermarket, Waltermart and Alphamart. The wet market still reigns supreme for the time being. billion of revenue in 2023.
Seven & i Holdings , parent company of 7-Eleven , plans to create a new holding company for its supermarkets, specialtystores and other non-convenience store businesses. The newly named York Holdings Company would consolidate 31 businesses and eventually go public with an IPO.
The shopping centre is located 19 km north-west of Melbourne CBD and is anchored by Kmart and has three supermarkets – Aldi, Coles and Woolworths – along with Hoyts Cinemas and more than 115 specialtystores.
The shopping centre has a lettable area of 99,873sqm and is anchored by Myer, Big W, Kmart, and Target alongside a triple supermarket offering in Coles, Woolworths, and Aldi and approximately 240 specialtystores. A $40 million upgrade project is expected to be completed by September, which will bring about more benefits.
By the end of this year, the company expects all of its stores to have been repainted and renamed, with the old red and green Tesco-Lotus signage replaced by the breezy pastel green and yellow Lotus’s. The specialtystore space is exhaustively leased, with seemingly not a single square metre of floor space being left unattended.
A decade after making its debut in Vietnam, Japanese retail giant Aeon is making a move into regional towns, armed with 10 years of data about local consumer behaviour and a renewed commitment to what is now its second-largest international market. Not only in Aeon shopping centres.
Located in the rapidly growing Moreton Bay region, MKT Square’s stage two master-planned multi-million-dollar transformation is nearing completion, offering retail and hospitality operators far and wide the opportunity to be part of the growing market.
For supermarkets, at least. The global sports nutrition market size was valued at US$10.7 And with lockdowns forcing temporary closure of gyms and non-essential retail, supermarket giant Coles is eager to get a slice of the pie. billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 10.9
According to the survey, 49 per cent say they prefer getting groceries delivered over going to the supermarket. If they need to buy a large amount of groceries, 51 per cent said they would consider grocery delivery via food delivery apps over going to the supermarket.
For supermarkets, at least. The global sports nutrition market size was valued at US$10.7 And with lockdowns forcing temporary closure of gyms and non-essential retail, supermarket giant Coles is eager to get a slice of the pie. billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 10.9
Dr Seshan Ramaswami, associate professor of marketing at Singapore Management University, believes that rising labour costs will drive more supermarkets around the world to experiment with checkout-free stores. The main advantage for the supermarkets is on the cost side, as it saves on manpower costs.
SM Prime is not just a developer and operator of garden-variety malls: it develops whole ‘lifestyle cities’ with residential, office, hotel, convention and entertainment uses integrated with enclosed malls, markets and retail high streets. The specialty retail group, consisting of 1660 stores, has experienced a same-store sales increase of 6.0
This year, Central plans to open four new home-improvement stores, 10 supermarkets/food halls and four Go Wholesale warehouses in Thailand, plus two Go! stores in Vietnam. Not content with just giving the store a new look and elevated market position, Central even rechristened it, somewhat Inauthentically, as Store of Bangkok.
Broken out by store type, growth was not even across the board. The nation’s 56,000 convenience stores posted a sales increase of 5.4 Large specialtystores selling home appliances (2,667 of them) were down by 4.6 per cent and home improvement sales (4,440 stores) were down 0.4 Supermarkets (5,921 stores) gained 1.8
By the end of 2022, PLMA calculates that annual store brand sales had increased by 40% over a five-year period. Sales and dollar and unit market shares are at all-time highs. Store brands accounted for nearly one-third of all new sales flowing into U.S. retailing last year.
Here’s what we can expect to see: October 2022: Retailers will no longer be allowed to place non-compliant foods (HFSS foods) in the most prominent places in their stores — such as endcaps and at checkouts — to boost sales. Small stores and specialtystores are exempt. The fallout. Food and beverage import difficulties.
With a population of 127 million, an extremely high per capita income and still one of the world’s largest economies, Japan has been an attractive overseas market for retailers since the 1990’s. in a deal that values the supermarket chain at 172.5 giant retreats from its two-decade attempt to crack Japan’s retail market.
During the last few years and together with the rise of Retail Media, Digital Signage has gained popularity among Offline Marketing strategies inside the store. Digital Signage wins in Offline Retail Media : it can boost sales and revenue and it plays a relevant role in enhancing the customer experience in the store.
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