article thumbnail

Tipalea sells Hobart’s Glebe Hill Village to Charter Hall

Inside Retail

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 specialty stores. Tipalea has sold Tasmanian retail centre Glebe Hill Village to Charter Hall for $50.25

article thumbnail

Private investor snaps up Adelaide’s Kurralta Village for $75 million

Inside Retail

It is anchored by Coles and Kmart alongside 12 specialty stores, with an annual net passing income of around $3.5 Following the sale, Taplin Group will expand the Kurralta Village Shopping Centre, with Coles to grow its footprint to have a full-line supermarket, said Mills. Coles Group bought the property in 2023 for $74.25

Insiders

Sign Up for our Newsletter

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

article thumbnail

Japan’s retail sector faces challenges amid weak consumer confidence

Inside Retail

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

Consumer 130
article thumbnail

7-Eleven Parent Plans Corporate Restructuring to Sharpen Focus on Convenience Business

Retail TouchPoints

Seven & i Holdings , parent company of 7-Eleven , plans to create a new holding company for its supermarkets, specialty stores and other non-convenience store businesses. The newly named York Holdings Company would consolidate 31 businesses and eventually go public with an IPO.

Planning 261
article thumbnail

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.

article thumbnail

Three malls with great CX: American Dream, Battersea Power Station, Chadstone

Inside Retail

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 specialty stores and the most expansive luxury offering in Australia.

article thumbnail

Why Filipino mall giant SM Prime remains committed to regional expansion

Inside Retail

The symbiotic retail relationship SM Retail, the retail arm of SM Investments, operates a portfolio of more than 4200 stores across a whole plethora of retail categories that includes department stores, supermarkets, hypermarkets and specialty stores. The wet market still reigns supreme for the time being.