Retail

Gold Coast beachfront shopping centre The Strand at Coolangatta is on the market, in what shapes as one of Australia’s biggest commercial property deals of the year.

Despite a raft of store closures the major retail landlords are still keeping occupancy levels high and seeing turnover lift, according to new research. 

Receivers for failed Doughnut Time entrepreneur Damian Griffiths have put some of his assets on the market, including two venues that surround the very first Doughnut Time outlet. Griffiths is facing a personal bankruptcy lawsuit …

Living close to the dentist or coin laundrette is always convenient, and now a scale and clean or laundry day can be more accessible than ever.

Specialty Fashion Group is believed to have struck a deal with one of its landlords, Scentre Group, after the owner of Australian Westfield-branded shopping malls is said to have agreed to lower the retailer’s rents …

German supermarket giant Kauf­land will leverage its considerable global muscle to introduce a market-leading fresh food and grocery offer in Australia that could threaten the dominance of supermarket leaders Woolworths and Coles, as well as newer players like Aldi and Costco.

Two Victorian shopping centres have hit the market and are tipped to fetch about $90m.

US retail giant Costco has thrown down the gauntlet to its competitors in bulk purchasing by setting up a new distribution facility in Sydney’s western suburbs that could handle online orders in future.

Australia’s largest residential developer Stockland is pushing ahead with an apartment project that will see up to 350 units created above a McDonald’s in western Sydney’s Parramatta.