The rising influence of young Australians in the retail market
Times are a changing! Millennials are now the largest generational group in Australia; yes, they’ve overtaken the Baby Boomers! Generation Z (the 10 to 24 age) are in hot pursuit....
Little Guns: The online challenge
Regarding bricks-and-mortar/online sales, will Australia follow the rest of the world, or will it lead? According to Tony Dimasi, Australia’s online sales are far less than in other western, developed...
Australians are shopping smarter: Shopper reveals shopping trends this Christmas
Australians are preparing to shop smarter this Christmas to get ahead and combat the rising cost of living. Localism, in-store purchases and preferencing ethical and sustainable brands are all key...
Pre-Christmas sales forecast to reach $63.9b as consumers trim household budgets to pay for Christmas splurge
According to new research released today by the National Retail Association (NRA), Australian consumers are cutting back on luxury goods and services, looking for bargains and switching to cheaper brands...
New research proves wellbeing a major visitation driver
This article by Stephen Dewaele, General Manager – Shopping Centres, QIC, was featured in the latest issue of Shopping Centre News (SCN Vol. 40 No. 4 – Mini Guns 2022)....
Census 2021 what did we learn?
This article was first published in Shopping Centre News – Mini Guns 2022 edition. Premium members can view the full digital issue here. These days, we’re engulfed in data, statistics...
Australian retail sales highest in four months
Australian retail sales jumped 1.3% in July, the highest rise in four months, according to the latest release (July 2022) of the monthly ABS Retail Trade data. Australian retail sales...
Rising construction costs
Forgive the pun, but construction costs are going through the roof! Structural steel is up 40% and plasterboard 35% on last year’s figures. That’s not all; labour costs are rising...
Colliers Research: Brisbane CBD’s retail market boom
Brisbane has often lived in the shadows when compared to the likes of Sydney and Melbourne, however, in recent years the city has started to shake off that persona and...
Store openings up in past twelve months, but closures continue
GapMaps, a cloud-based location intelligence platform, has released its annual Fast Food & Quick Service Restaurant (QSR) report, providing valuable insights on the number of store openings and closures in...
Post pandemic shifts lead to a retail renaissance
The pandemic has accelerated a host of cultural and societal changes along with a transformative shift in consumer shopping behaviours. With greater opportunity to flex our lives at work and...
Blackhawk Network offers solution to reduce brand switching as consumers struggle with rising costs
Rising interest rates and cost of living expenses are testing consumer brand loyalty like never before as consumers seek better value and restrict discretionary spending in increasingly tougher economic conditions....
National connectivity movement
Some of the most ambitious transport infrastructure projects are currently underway across the country. In this article, published in the latest issue of SCN – CBD Guns 2022 – Nik...
Brisbane’s boom mitigates COVID impacts
It seems Brisbane CBD has weathered the COVID storm better than most other capitals although what’s clear is that ‘secondary locations’ have taken a hit. This report by CBRE’s Kate...
What’s in store for Sydney CBD retail?
The three graphs in this article paint the picture. Figure 1 shows the international tourist arrivals over the past decade; Figure 2 shows Sydney CBD rental levels and Figure 3...
Retail sales reach record levels in March as spending challenges loom
Australian retail sales reached their highest levels on record, with March trade increasing 9.4% compared to the same time last year and increasing 1.6% compared to the previous month, according...
JLL’s latest Retail Investment Report shows a changing ownership profile for retail assets in Australia and divergent investment strategies
New players, executing different investment strategies in Australia’s retail investment market will lead to continuing elevated transaction volumes. However, surpassing the 2021 record of $13.4 billion of retail transactions will...
Retail sales continued to perform well in February according to ABS figures
Retail sales continue to track well according to the latest figures (February 2022) of the monthly ABS Retail Trade data indicating that the overall month-on-month (m-o-m) estimate increased by 1.8%,...
JLL REVIEW: Retail investment resurgence
What happened to the shopping centre industry last year in terms of property transactions? You could be forgiven for thinking not much during a period of lockdowns and border closures....
Big Guns: where to post-COVID?
How have Big Guns been affected by COVID? And, more importantly, what does the future hold? COVID has impacted many things and has accelerated changes that were already on the...
CBRE forecasts $68 billion could be channelled into the commercial real estate sector by Australian superannuation funds
Australian superannuation funds could channel at least $68 billion into the commercial estate sector over the next two years according to CBRE’s 2022 Pacific Real Estate Market Outlook, with immigration,...
Robust December retail sales but signs of an Omicron slowdown
The latest release (December 2021) of the monthly ABS Retail Trade data indicates that the overall month-on-month estimate decreased by 4.4%, down by 7.3% from a particularly strong November 2021....
Sydney shopping centres show resilience
The retail sector across Australia’s CBDs has felt the tightening of purse strings throughout the past 24 months, with CBD centres seeing large rental declines and a rise in vacancies....
Location is everything
It wasn’t long ago that to determine the extent of your centre’s trade area, you studied a thick street directory and held shopper surveys over a period of a couple...
New research shines a light on the benefits of reward-based marketing promotions
Blackhawk Network has released the latest in global research to assist businesses to succeed. According to the new report conducted by Aberdeen Research, Australian businesses are reporting an average 27% higher...
Australian retail turnover falls 1.7% in August while consumer sentiment remains high
Australian retail turnover fell 1.7% in August 2021, seasonally adjusted, according to the Retail Trade figures released by the Australian Bureau of Statistics (ABS). This third consecutive monthly fall in...
Australia post-COVID: Population and retail sales outlook
This article by Tony Dimasi, Head of Advisory at GapMaps is featured in the latest issue of SCN magazine – September/October Mini Guns edition. On 28 June 2021, the Australian Department of...
Ground-breaking neuroscience study proves impact of Out of Home signs
A world-first research study launched today by the peak industry body which represents most of Australia’s Outdoor Media Display companies – Outdoor Media Association (OMA) reveals how people are impacted...
Colliers looks at the road to retail recovery
Colliers has released ‘The Future of Retail Demand: The Road to Recovery’ report on how COVID-19 has reconfigured the retail landscape and what the future looks like. With two major states –...
July retail sales slow as lockdown impacts take hold
Lockdowns in multiple states in July have impacted retail sales. The latest release (July 2021) of the monthly ABS Retail Trade data indicates that the overall month-on-month (m-o-m) estimate* decreased by...
New Shopper study confirms Australians feel more connected to their local communities
Shopper have released the findings of its Closer to Home Research Study, revealing the major impact the pandemic is having on the nation’s outlook and shopping behaviours. The Study found...
Research shows support for SA trading hour reform
A new survey of residents in Metropolitan Adelaide shows overwhelming support for South Australian shop trading hour reforms. The research jointly commissioned by The Shopping Centre Council of Australia (SCCA)...
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