Big Box Retail

A newly redeveloped Bunnings freehold in Lawnton, about 21 km north of Brisbane CBD, is shaping as one of the most keenly sought-after commercial property opportunities of 2019.

Toys ‘R’ Us has revealed the extend of its relaunch in Australia, just 12 months after shutting up shop amid ongoing retail woes.

Interests associated with Metro Storage have emerged as the buyer of a major large-format centre in western Sydney in a $47.5 million play.

Woolworths is set to close 30 Big W stores and two distribution centres Australia-wide as the impact of online retail continues to bite department stores.

Less than two years ago, Aussie hardware giant Bunnings Warehouse insisted it had no plans to join other major retailers in offering storewide online shopping to its customers.

Bunnings managing director Michael Schneider says the hardware chain will continue to open more physical stores as it looks to connect with commercial and trade customers as well as everyday shoppers.

An Abbotsford warehouse leased to Swedish furniture goliath IKEA has sold to a Chinese investor for more than $17 million.

The fate of the abandoned Masters Home Improvement warehouse in Portsmith has finally been revealed — and what is planned will come as a surprise.

Billionaire Gerry Harvey says it’s impossible to find suitable land for the next rollout of Harvey Norman flagship stores in Australia and will settle on redeveloping one of the group’s pre-existing Melbourne stores.