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Latest industry news from around the web . . .

Woolworths flags private-label figh...

Once-daggy home-brand products are back. In a bid to win back disaffected shoppers, Australia's biggest supermarket chain, Woolworths, plans to match or beat the prices of major rival Coles and match ... read more

Retail sales edge up 0.3 per cent i...

Australian retail sales rose 0.3 per cent in March, slowing from 0.7 per cent growth in February. The new data comes a day after the Reserve Bank cut the official cash rate ... read more

Myer to exit Top Ryde City shopping...

It was one of the first new department stores opened by Myer after its $2.3 billion float in 2009. Now Myer's Top Ryde store could be the first of as many as ... read more

Retailers face multibillion-dollar ...

Australia's fastest growing retailers face a hit to their bottom line profits under proposed accounting rules that will force them to bring more than $40 billion worth of leases onto their balance sheets for ... read more

Fat profit likely in outlet centre ...

The family-owned Commercial Property Corporation could reap a healthy profit on the sale of an outlet centre in the outer Melbourne suburb of Nunawading that is tipped to transact for ... read more

Shopping centre owners and retailer...

Large shopping centre owners and the Australian Retailers Association, which represents large numbers of tenants inside those centres, are fearful a review of state taxes in South Australia might end up ... read more

The GPT Group’s Wollongong Centra...

(April 14, 2015) - Architizer, the largest online platform for architecture and interior design enthusiasts, announced today that The GPT Group's Wollongong Central Development has won both the Popular Choice and the Juror's Choice awards in the ... read more

Uniqlo To Expand In US And Australi...

Uniqlo, owned by Fast Retailing, is pushing its business globally by targeting areas where it has already witnessed success. The retailer accounted for 52% of its Japanese parent company’s sales in ... read more

Stockland Selects Todae Solar &...

Sydney, Australia April 7 2015 - Stockland has selected Todae Solar and Canadian Solar Inc. (NASDAQ: CSIQ), to install a 1.22MW rooftop solar system on Stockland Shellharbour Shopping Centre in ... read more

Melbourne shopping centre sale high...

Melbourne, 8 April 2015 – QIC has demonstrated its confidence in the Melbourne retail sector with the $26.05 million acquisition of the Coburns Central neighbourhood shopping centre. The sale was negotiated ... read more

Japanese lifestyle brand Muji to op...

International retailer Muji has announced it will open its first flagship store in Sydney on May 14. The retail giant has 610 stores globally and is found in 25 countries. The brand is ... read more

Easter brings retail swipe-a-thon

Hopeful news for the retail sector came from the National Australia Bank this week, which estimated Easter Thursday would beat Boxing Day for transactions. The news hits as a ray of ... read more

Retail Hot Spots in Asia Pacific 20...

Favourable macro factors such as urbanisation and the expanding middle class continued to support new retailer expansion across Asia Pacific in 2014. The number of new entrants rose to 464, ... read more

Woolworths urged to prepare for com...

Woolworths has been urged to dump grocery price promotions such as Cheap Cheap in favour of deeper cuts to everyday prices and fewer, deeper weekly specials to limit the damage ... read more

Tokyo Top Market for Retailers Ente...

According to a new report by CBRE, Tokyo cemented its lead as the top destination in the APAC region for market entries by international retailers, as cities in Asia Pacific ... read more

Retail body rejects ‘effects ...

The industry body that represents the big supermarket chains has criticised calls for the introduction of a new test to check whether big businesses are abusing their market power. The Australian ... read more

NEW SHOPPING CENTRE APPLIES FINISHI...

Australand is applying the finishing touches to The Ponds Shopping Centre which is located in the middle of one of Australia’s fastest growing communities – The Ponds and is expected ... read more

AUSTRALIA’S FIRST ZARA HOME TO TA...

Australia’s first Zara Home will join a burgeoning list of international retailers choosing Highpoint Shopping Centre in Melbourne’s west as an entry point into the Australian market. Zara Home will open ... read more

Federation Centres invests $54 mill...

Federation Centres and ISPT’s Halls Head Central shopping centre, south of Perth will undergo a $54 million redevelopment to create a vibrant shopping destination taking advantage of the region’s population ... read more

WANDERLUST IN THE WINTERGARDEN

Something good is growing in the city. Welcome to the Wintergarden – a food-court and retail haven in Sydney’s CBD.  Located at 1 O’Connell Street, this green and spacious refuge not only ... read more

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