If there was any doubt that shopping-centre giant Westfield had lost its sparkle of yesteryear, its latest results – a loss of AUD457 million (USD410 million) – signal a stock that is trad…
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Westfield to prioritise Australia
Shopping centre group Westfield is to invest more in Australian developments after projects were put on hold during the global financial crisis.
New projects include an office tower in its Sydney City…
Whipping up the appetite to shop
A study by Indian management consulting firm Technopak Advisors suggests that food outlets located in shopping malls are intrinsic to driving up footfall.
Nearly a quarter of people engage in sho…
Indonesia: Art and retail spaces combine
This year, CGartspace celebrates its 12th anniversary as an art space at Plaza Indonesia.
When owner Christiana Gouw started her gallery, she was the first to see the potential of a mall as a place fo…
Malaysia: Malacca’s biggest shopping centre opens
The Malaysian state of Malacca’s biggest shopping centre, the RM500-million (USD145-million) AEON Bandaraya Melaka, opened its doors on Friday.
The shopping complex, spread over approximately 12…
Hong Kong shopping centres target Mainland Chinese consumers
Shopping centres in Hong Kong are set to organise more shopping tours to target the growing pool of middle-class consumers in Mainland China.
Sun Hung Kai Properties said on Tuesday it would spen…
NZ’s biggest retail property auctions announced
Retail outlets at two of New Zealand’s biggest shopping centres have been placed on the market for sale in what will be one of the biggest single sell-downs of retail properties ever to be held …
Australia’s largest home centre set for 2011
Springvale in the Australian state of Victoria will boast the country’s largest Homemaker Centre in 2011, which will include about 20 stores including home-furnishing giants IKEA and Harvey Norm…
Tesco may locate first outlet in Mumbai
UK retailer Tesco, which will open its first cash-and-carry outlet in India by the end of the year, has said the location will mostly likely be Mumbai.
India is the only country where Tesco will have …
11 ways that Walmart is changing retail – for good
Walmart, that US bastion of imported trinkets from China and everyday low prices on way too much mayonnaise, surprised many people in the environmental community when it announced a plan last year to …