Retail

Retail industry news, retail property market trends and insights.

Kmart’s $200m promise to customers
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Kmart’s $200m promise to customers
Kmart just dropped $200m on a massive change that will impact every Aussie who ever shopped online with the retail giant.
Temu, Shein busted: Kmart drops major plan
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Temu, Shein busted: Kmart drops major plan
Kmart’s war against the rise of cheap Chinese online marketplaces like Temu and Shein is escalating, with Kmart announce huge changes to its stores.
Dessert Masters champion John Demetrios invests $100k prize into business venture
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Dessert Masters champion John Demetrios invests $100k prize into business venture
Dessert Masters 2024 champion John Demetrios is betting big on Melbourne, turning his winnings into a business venture
Queensland and WA retail gems set to trade to AsheMorgan
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Queensland and WA retail gems set to trade to AsheMorgan
AsheMorgan is set to become the latest big name to make a play for retail real estate.
Aussie commercial property sales rebound as interest rates fall
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Aussie commercial property sales rebound as interest rates fall
After a challenging couple of years marked by high interest rates and cautious investor sentiment, Australia’s commercial property market is showing signs of recovery.  Sales volumes totalled $8.9 billion over the March quarter, up 68% …
Ghost malls: The shopping centres time forgot
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Ghost malls: The shopping centres time forgot
In the swinging ’60s, Eastwood Shopping Centre was considered an epicentre of Australian fashion and cosmopolitan retail. Opened in 1964 as Westfield Eastwood with a price tag of £1 million, the glamorous mall was a …
The high street where Melbourne’s gumboot queen found her feet
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The high street where Melbourne’s gumboot queen found her feet
After growing up on a farm in Leongatha South Gippsland, fashionable gumboot guru and chief executive of Melbourne-based footwear brand Merry People Danielle Pearce got her first taste of the city on Swan Street, Richmond. …
MA Financial makes retail splash with IPGeneration funds buy
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MA Financial makes retail splash with IPGeneration funds buy
The listed company is buying a retail property platform at a time when the sector is in a sweet spot.
Change is coming for huge long-vacant North Geelong retail site
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Change is coming for huge long-vacant North Geelong retail site
Presenting lease offers from national retailers helped sweetened the deal for a landmark North Geelong site that’s been sold in a big off-market transaction.
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