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Joondalup Square shopping centre now for sale

Inside Retail

The Joondalup Square shopping centre in Perth is up for sale. Colliers and Cygnet West are jointly marketing the shopping centre, which has 14 large format retailers and five specialty stores, including Amart Furniture, Beacon Lighting, PetO, Bedshed, Kitchen Warehouse, Forty Winks, Adore Home Living, and BBQ’s Galore.

Shopping 147
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Half share of Sydney’s Carlingford Court sells for $120.5 million

Inside Retail

Hong Kong-based real estate investment firm JY Group has acquired a 50 per cent stake in Sydney’s Carlingford Court shopping centre for $120.5 Last year, JY Group also acquired Wollongong’s Central Shopping Centre and Sydney’s Roselands Shopping Centre. The acquisition boosts JY Group’s Australian asset portfolio to almost $1.8

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Vicinity Centres sells half share in Broadmeadows Central

Inside Retail

Vicinity Centres has sold a 50 per cent stake in Broadmeadows Central shopping centre to Melbourne-based Nikos Property Group for $134.5 Vicinity would continue to provide centre management services and assist in the leasing of the shopping centre as well as any development activities.

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Behind the Scenes of TikTok Shop with a Pioneering U.S. Seller

Retail TouchPoints

Now the company has become the first toy brand to test out the hottest new arena in digital selling — TikTok Shop. Now it’s here: first launched in the UK and several Asian markets, TikTok Shop was quietly made available in the U.S. in November 2022. in November 2022. We’re nimble and super entrepreneurial.

Shopping 196
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AMP Capital fund to sell 50 per cent of Westfield Tea Tree Plaza

Inside Retail

The shopping centre has a lettable area of 99,873sqm and is anchored by Myer, Big W, Kmart, and Target alongside a triple supermarket offering in Coles, Woolworths, and Aldi and approximately 240 specialty stores. A $40 million upgrade project is expected to be completed by September, which will bring about more benefits.

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7-Eleven Parent Plans Corporate Restructuring to Sharpen Focus on Convenience Business

Retail TouchPoints

Seven & i Holdings , parent company of 7-Eleven , plans to create a new holding company for its supermarkets, specialty stores and other non-convenience store businesses. Additionally, Seven & i plans to rename itself as the 7-Eleven Corporation as it focuses more intently on its global convenience store business.

Planning 203
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Marketers Need to Rethink Strategies for Attracting Younger Generations

Retail TouchPoints

As a result, marketers need to work harder to sell to young Americans. Budget constraints have led to a shift in spending patterns and shopping behavior. Predictably, BCG found that Gen Z and millennials are increasingly turning to grocery shopping over take out and online marketplaces instead of specialty stores.

Marketing 146