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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

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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. In July, the company entered voluntary administration citing competitive pressures and softening sales. On Monday, creditors resolved to accept the Deed of Company Arrangement (DOCA) proposal.

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Vicinity Centres sells half share in Broadmeadows Central

Inside Retail

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 specialty stores.

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Why Aeon Mall is looking outside Japan for future growth

Inside Retail

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. Meanwhile, Aeon expects specialty store growth in both its Japan and Vietnam malls of 10 per cent this year.

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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.

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AMP Capital fund to sell 50 per cent of Westfield Tea Tree Plaza

Inside Retail

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 specialty stores. A $40 million upgrade project is expected to be completed by September, which will bring about more benefits.

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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.