Store openings up in past twelve months, but closures continue

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Shopping Centre News

August 8 2022

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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 Australia for the year ending 30 June.

Tracking 28 brands across 6,734 locations, the report shows 275 stores opened and 118 stores closed across the 12-month period.

Mcdonald’s led in terms of new store openings with 31, followed by KFC (26), Subway (25), Sushi Hub (23), Dominos (21) and Zambrero (16).

Scott Johnson, Senior Analyst, GapMaps said: “In the reporting period we saw strong overall growth with a net increase of 157 new stores after taking into account openings and closures we’ve observed over the past 12 months.”

The last quarter (April-June) yielded 60 new store openings with activity led by Dominos (13), Guzman Y Gomez (nine) and Sushi Sushi (five). The same period saw 30 closures, of which Subway and Mad Mex reported five each.

Over the full year, Subway reported 41 store closures, which resulted in net -16 over the 12-month period, followed by Nando’s (15), Pizza Hut (12) and Zambrero (eight).

Source: GapMaps

On a per city level, Melbourne posted the most net store growth over 12 months with 47, followed by Perth with 20, Brisbane with 19 and Sydney with 17.

Brands with the most stores per million residents are Subway (47.6), McDonalds (40.5), Dominos (28.7), and KFC (28.5).

In addition to Fast Food and QSR, GapMaps also released full year reports on Petrol Retail, Health & Fitness, Childcare, Auto Tyres & Servicing and Café.

“Each of our reports provide brands with unique insights and key trends into the changing competitor landscape in their respective retail sectors,” adds Johnson.

“Our ability to use a range of data points to represent the most up-to-date view of physical network locations is helping brands make better location decisions at a time when new working arrangements, such as hybrid, is having an impact on population habits and movements.”

Key findings include:

Café

  • The Café sector expanded with a net increase of 95 stores across Australia. Notable expansions were McDonald’s (McCafé) and Gong Cha, adding 30 and 25 stores respectively, and Boost Juice (22)
  • The Coffee Club saw a reconfiguring of its network, closing the most stores (13), but also opening 12 other stores across Australia
  • Most openings and closures occurred in tier one (metro) locations with the highest net store growth in Sydney (30), Melbourne (17) and Perth (17). Outside Mcdonald’s large presence of McCafé stores in metro and regional cities, the Coffee Club’s provisions of 23.4 and 33.9 stores per million residents in Greater Brisbane and Sunshine coast were a notable strength compared to its average provision of 9.8.

Petrol Retail

  • 12 brands tracked over 6,699 locations with 196 openings and 64 closures. BP Australia added 54 locations, followed by Metro Petroleum (37), Shell (28), 7Eleven Fuel (24) and Ampol Australia (20)
  • Looking at closures, Ampol Caltex accounted for more than half with 34, followed by Coles Express with nine, Woolworths Petrol Plus with seven and Metro Petroleum with six
  • The Petrol Retail sector has a large store footprint on highways away from populated centres, with only Shell and 7Eleven Fuel stores seeing 50 per cent or more of their growth in tier one (major metropolitan) areas
  • The final quarter showed modest movements, with just 33 openings and five closures

Health & Fitness Centres

  • 22 brands tracked over 3,424 locations with 159 facilities opened and 49 closures. Body Fit Training Australia added 38 centres, followed by Anytime Fitness (25), Fitstop Australia (24), Studio Pilates (15) and Snap Fitness (13)
  • Looking at closures, Jetts Fitness accounted for 11, followed by Curves with nine, Anytime Fitness with five and EFM Health Clubs with four. The remainder were spread across 12 other brands.
  • Most net growth occurred in major metropolitan locations led by Body Fit Training (30) expanding by 11 centres in Melbourne and 8 in Adelaide.
  • The final quarter saw 30 centres open and eight closures. The openings were led by Anytime Fitness with seven and Fitstop Australia with five.

Childcare

Data recently compiled by GapMaps on the provision of childcare centres and Long Day Care (LDC) places within Australia shows at present there are some 8,555 centres providing an estimated 617,486 LDC places – an average of 72 places per centre.

That in turn means the provision of LDC places at present is equivalent to one place for every 3.2 children of childcare age. However, the picture varies enormously across all parts of the country, including within major metropolitan areas; between metropolitan areas and regional towns; and between states.

Auto Tyres & Servicing

  • 14 brands tracked over 2,200 locations with 52 centres opened and 24 closures. Goodyear Autocare added 18 locations, followed by Tyrepower and mycar with nine locations each and Bridgestone Australia with six
  • Looking at closures Bridgestone Australia accounted for five, followed by Tyrepower, mycar, Ultra Tune and Beaurepaires with three each
  • The final quarter showed eight openings and six closures

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Shopping Centre News (SCN) is in the ‘information business’, and is perceived as such by its readers. Daily industry news makes shoppingcentrenews.com.au a must-visit as part of the morning routine for those who want to keep right across the latest retail developments and events, while SCN's premium magazine is the leading publication for the shopping centre industry in Australia and New Zealand. Known as the ‘industry bible’ SCN is printed five times a year with fascinating, in-depth features and important critical analysis written by known industry insiders as well as the popular ‘Guns’ reports, which ranks Australian shopping centre performances. Shopping Centre News is the only publication in the world that features centre statistics on Turnover, Turnover per square metre and Specialty Shop turnover per square metre for every major centre in Australia.
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