Retail

Rich lister Andrew Muir has sold off the last one of 15 The Good Guys retail sites for a cool $7.15 million.

Mornington Village shopping centre has been snapped up for just shy of $40 million.

The new country manager for German supermarket Kaufland, Julia Kern, has arrived in Australia to spearhead the global ­retailer’s assault on the $90 billion grocery sector as she also pushes through a restructure of her senior management ranks.

A jetsetting international investor has gone home empty-handed after being outbid by a local real estate syndicate on the Sunshine Coast.

Retail investors have spent nearly $200 million buying up major shopping centres in the Geelong region in the past five months as the region rides a residential development boom.

A St Albans plumber has made a bucketload of cash buying and selling supermarkets.

A Richmond development is set to add more than 400 apartments next door to Victoria Gardens, but none of them are for sale.

The Glen shopping centre’s roof will be turned into a 4000sq m garden as part of a $450 million apartment development.

Online shopping deliveries are getting faster and cheaper, which will boost online retail sales and spur demand for small “last-mile” distribution centres, according to Deutsche Bank research.  But the shift to online shopping means retailers …