Retail

Retail industry news, retail property market trends and insights.

Buy a Bunnings store without the Bunnings price
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Buy a Bunnings store without the Bunnings price
Tell an investor a property leased to Bunnings Warehouse is for sale and immediately they’ll be expecting to pay big bucks for a tight yield.
Woolworths offers up six shopping centres
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Woolworths offers up six shopping centres
Woolworths is looking to capitalise on investor demand for new centres by preparing for sale a six-strong portfolio worth about $200 million.
Gyms the new shopping centre darlings
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Gyms the new shopping centre darlings
Todd Mullins and his wife, Julie, started going to a shopping centre 15 minutes from their Palm Beach Gardens home in Florida about a year ago — after they joined a gym inside it. They …
Run continues on regional shops
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Run continues on regional shops
The rush on regional shopping centre sales may have cooled in recent months, but the $14.55 million sale of Victorian regional centre Horsham Gateway shows there’s life left in the market yet. The new shopping …
Ice creams and lollies included in $70,000 general store sale
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Ice creams and lollies included in $70,000 general store sale
The humble general store is very much alive in regional Tasmania, where a lifestyle change beckons for a savvy operator. The Woodbridge Village General Store, about 36km south of Hobart, is on the market, with …
Canadians buy Melbourne’s Myer headquarters
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Canadians buy Melbourne’s Myer headquarters
Manulife Real Estate, the global real estate arm of Canada’s biggest insurer, Manulife Financial, is looking to stamp its authority on the local property market with the purchase of the Myer headquarters at Victoria Harbour in the Docklands for close to $300 million.
Costco throws doors open to Melbourne shoppers
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Costco throws doors open to Melbourne shoppers
Costco is throwing open the doors to its Melbourne stores for one day only next week, giving shoppers who aren’t members of the bulk supermarket chain the chance to grab a pre-Christmas bargain. Leader Newspapers reports …
Department stores on the nose as malls take fight to Amazon
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Department stores on the nose as malls take fight to Amazon
Listed mall landlord Vicinity Centres is tackling the threat of Amazon by remixing centres away from mid-level women’s ­apparel to eateries and also ­expects department stores in its malls to shrink in the future. 
Geelong’s landmark Bright & Hitchcock building sells
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Geelong’s landmark Bright & Hitchcock building sells
A landmark ormer Geelong department store has sold for $7.52 million.
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