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Cedar Woods sells Williams Landing Shopping Centre for $60 million

Inside Retail

Victoria’s Williams Landing Shopping Centre has been sold for $60 million after owner Cedar Woods accepted an unconditional offer which also includes one hectare of adjacent development land. The shopping centre has a Woolworths supermarket, 30 specialty stores, a childcare facility, and two levels of office space.

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Analysis: a perfect retail storm is brewing

Inside Retail

With landlord abatements now coming to an end, some retailers are also reporting rental increases of around 5 per cent for specialty stores and 4 per cent for large store chains. Despite some retailers reporting strong sales because of the growth in online sales, net profits declined. per cent in June 2020.

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Central Retail: Expansions and omnichannel drive growth

Inside Retail

billion baht, and net profit by 1.3 Among the highlights was a successful relaunch of Central Chidlom (popularly known as Central Department Store) in downtown Bangkok, with a new multi-level designer wing called Luxe Galerie. Also, the portfolio still has a lot more growth potential. For the full year, revenue grew by 5.7

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Meijer opens three new supercenters

Mass Relators

Located in Seven Hills and Boardman, Ohio, and Westfield, Indiana, the new stores promise “a state-of-the-art shopping experience,” providing customers multiple ways to shop in a specialty store environment.