Westfield Chatswood gets new H&M store
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Westfield portfolio remains strong.
Scentre Group announced the first stage of its $475 million Westfield Miranda re-development will open on Thursday 16 October 2014 with the official unveiling of the new fresh food market.
The exciting development is intended to mimic the street stall setting seen in Asian cities and is complemented with two beer gardens.
Plus: ANRA hits out at restrictive trading hours legislation, Westfield builds an Instagram Wall, Northland gets fashionable, the Rolling Stones hit Rundle Place and some amusing quotes from DJs CEO Paul Zahra....
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Westfield has given its website, www.westfield.com.au, a revamp calling it the Searchable Mall to allow shoppers to find what they want in their local Westfield shopping centre either in-store or online.
Westfield Group and Westfield Retail Trust have sold off its Perth-based Karrinyup Shopping Centre.
Charter Hall has signed a deal to buy Perth-based Innaloo shopping centre and Shoppers Village and the adjoining Innaloo mega centre from Westfield for $255 million.
The Westfield Group has announced its global operations for the first quarter of 2013 are in line with expectations.
American brand Hollister has confirmed the dates and location of its first Australian stores.
Westfield Garden City at Mt Gravatt in Brisbane will be undergoing a $400 million redevelopment.
Westfield Group signed a joint venture worth US$1.28 billion for six U.S shopping centres.
While some retailers are reporting a drop in profits, Westfield has achieved an 18.3 per cent increase of up to $1.72 billion on the prior year.
Westfield Group and AMP have restructured their portfolio ownership of seven Australian shopping centres.
The collaboration will see the creation of a video or stills-shoot inspired by the theme ‘Westfield is my fashion playground’ as part of Westfield's launch of its Spring/Summer 2012 fashion season.
Shopping centre giant Westfield may cut up to 400 jobs from its global workforce of about 4,000 people.
Westfield has reported a 31 per cent increase in half year earnings on the previous period of $800.1 million.
Westfield has confirmed speculations that it is in "confidential negotiations" to split the shopping centres it owns and managers with AMP.
Destination NSW has teamed up with Westfield to encourage Sydneysiders to head out of the city and explore regional NSW.
In a step towards creating an omin-channel experience, Westfield Group has appointed a chief digital officer to oversee the development of the shopping centre group’s online and digital media strategy.
Westfield Group has sold eight shopping centres in the US for US$1.15 billion.
Westfield has agreed to support this year's NRA Young Retailer of the Year Award. The winner will be offered a spot on the Westfield World Retail Study Tour.
Westfield Group has announced an AIFRS net profit for the year of $1.53 billion, up to 37.6 per cent on prior year.
Westfield has appointed Driving Edge Marketing to install permanent fully-equipped Connect kiosks within its shopping centres in Queensland, New South Wales and Victoria.
Westfield BrandSpace ended the calendar year as the leading player in the new retail outdoor category with a 96.7 per cent year-on-year growth.
This marks the next stage of completion at Westfield Sydney following the opening of a 820 seat capacity level five food atrium in April.
An increase in net property income and management and development income has been main drivers for WDC's solid half year results to 30 June 2011.
The company has acquired a 50 per cent interest into a planning site where it plans to develop to the scale and quality of Westfield London.
Westfield has bought 50 per cent interest in Almeida Junior Shopping Centers S.A, a vertically integrated owner, manager and developer of Brazilian shopping malls.
Western Australian based jewellery retailer Linneys has scored the Westfield national peer review design award for its showroom at Westfield's Sydney CBD centre.
E-commerce represents only three to four per cent of the Australian retail industry, which is half compared to the US and the UK, showing there is still e-commerce growth yet to come.
Retail sales growth 1.6 per cent in Australia through the quarter, 0.3 per cent in NZ, 5.4 per cent in the US, and 19.8 per cent in the UK, based on Westfield's London site.
To be launched in April, Shoptown.com.au will be an online shopping mall for small to medium retailers.
Westfield executive chairman Frank Lowy will be handing his reign down to his sons, Peter Lowy and Steven Lowy, who have been appointed as joint chief executive officers.
Shopping centre giant has now fully-recovered from its $458 million loss in December 2009 after reporting a $1.1 billion profit bounce back.
In a bid to win over tech-savvy shoppers, who are taking advantage of the e-tailing market both overseas and locally, Westfield has found its 'insider' to lure them back to its brick and mortar stores.
Westfield Group has raised a total of approximately $2.01 billion, which falls short of its $3.5 billion target for its proposal to establish Westfield Retail Trust.
As part of the first stage launch, it will feature more than 100 retailers, not only existing retailers but also 'brick and mortar' retailers that are not currently trading in a Westfield centre, as well as retailers who currently operate purely online.
Expected to open later this month, stage one of Westfield Sydney's $1.2 billion development will not only unveil consumer retail stores but also food outlets.
Store design is a strategic process that retailers need to consider, retail author of The Power of Retail Design Mark Muller told Retailbiz at the Retail 2010 Expo and Conference.
The hunt is on for Australia's savviest shopper as a part of a national campaign launched by Westfield.
With the first stages of Westfield Sydney due to be revealed in just over month, Retailbiz chatted with Julia Clarke, Westfield Australia manager of corporate affairs, about the specs of the new space.
Westfield Carindale is anchored by two department stores, two discount department stores, three supermarkets, an eight-screen cinema and approximately 290 specialty retailers.
With Gap recently opening its first Australian store in Melbourne, it will soon be joined by international brand Zara.
Recent claims that Westfield plans to launch online shopping centres are currently being questioned, with rumours suggesting that negotiations with the shopping centre giant and its tenants are currently underway.
Westfield Group has achieved solid earnings for the half year to 30 June, with operational earnings of more than $1 billion.
While the global economy was slowing last year there was still plenty of activity within the Westfield Group, as it leased and completed nine major developments at a cost of $5.6 billion.
A water feature, drinking fountains and a stream of light flowing the full length of Pitt St Mall are part of a major refurbishment for Sydney's premiere shopping destination.