Charter Hall Retail REIT's decision to focus on its Australia portfolio is paying off after it completed 49 new leases and renewals and delivering specialty rent growth of 2.8 per cent during the first quarter of the 2014 financial year.
David Jones' Fashion and Beauty categories continue to be the main driver for the company, which reported a 2.1 per cent increase in total sales for the first quarter of the 2014 financial year.
Oroton Group has signed an exclusive franchise deal with Gap Inc, which will see it have the first right to develop Gap’s Banana Republic brand, as well as Old Navy if Gap decides to franchise the brand in Australia and New Zealand.
Supermarket giant Woolworths has achieved a 4.5 per cent increase in first quarter sales for the 2014 financial year.
Paypal has predicted the next phase the future of payments will be driven by the innovation at the point of sale.
Online sales growth has increased slightly to 0.3 per cent month-on-month in September, following weak sales in August, according to the National Australia Bank Online Retail Sales Index.
Central at Central Park, a multi-level vertical mall, has been unveiled as part of a $2 billion urban village development in Sydney's southern CBD.
The Sydney CBD's latest shopping destination, Central Park, will open tomorrow with a collection of outlets from a whoâ€™s who list of retailers.
ACCC Chairman Rod Sims shared a regulator's perspective on the debate surrounding market share held by the two major supermarket chains at the AFGC industry forum in Canberra on Wednesday.
JB Hi-Fi CEO Terry Smart has used the company's AGM to talk up the strength of the company's Home stores. The appliance store network, first launched as a "trial" last December, will include 16 stores by Christmas with plenty more to come.