Retail

Supermarket giant Woolworths has stepped up plans to expand its store network and has emerged as the buyer of 10 Caltex service station properties the oil company sold across Australia last week in a larger $136 million deal.

The shopping centre industry has been bolstered by the sale of a half-stake in one of Perth’s largest properties, the $1.1bn Garden City, to local Westfield owner, the Scentre Group.

Want to know what will work for retailing in the future?

Spending 20 years at a telecommunications company isn’t the most traditional path to launching a small business.

The United service station at Wivenhoe and a key component of Devonport’s automotive precinct will be up for grabs at an auction next week.

The Pallas Group has forked out $32.74 million to buy a landmark corner site on Double Bay’s Bay St and Guilfoyle Avenue, with the existing premises to be converted into its new headquarters along with retail and extra commercial space.

Major retail landlords are coming under pressure from the sluggish performance of anchor tenants, which are dragging on overall complexes even as some areas hold up.

Melbourne’s Chadstone shopping centre, co-owned by billionaire John Gandel and the listed Vicinity Centres, is set for a makeover with its owners submitting plans for development worth more than $600 million.

Max Cooper is about to clock off as a watch and jewellery repairer for the last time, after selling the Footscray store that’s been in his family for 81 years.