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Changing face of Sydney’sCBD – Retail in Asia

Retail in Asia

In Shops

Changing face of Sydney’sCBD

The decision by Sony Australia to close its World Square store in Sydney’s George Street and open smaller kiosks is another signal of the fast-moving and highly competitive world of smart devices and communication technology.

A company spokesperson said Sony Australia remained committed to pursuing direct retail avenues and locations that would meet the needs of its customers. In response to the changes in consumer behaviour, Sony said it would focus on an extension of the kiosk- style store that operates in Westfield Chatswood in Sydney.

The move also shows the changing face of Sydney’s main shopping thoroughfares – George, Pitt and Castlereagh streets – from traditional clothing and electronic retailers to more food and coffee shops and restaurants.