Posts tagged "rents"

Westfield and Noni B owner Mosaic Brands have reached an agreement to reopen stores forcibly closed several weeks ago amid the pandemic.

Noni B owner Mosaic Brands will close between 300 and 500 stores over the next two years as coronavirus widens the divide between retailers and landlords.

Shopping centre vacancies have skyrocketed because of the COVID-19 pandemic, and there's concern this will be the case for some time.

The Victorian government will extend tax relief to landlords in exchange for a reduction in small business rents during COVID-19.

A 40-year leasing veteran says he's scared to even sign a retail lease at the moment as uncertainty over coronavirus and weak retail conditions take a toll.

National retail chain Focus Group has collapsed into administration, blaming "unsustainably high rents" for unprofitable operations.

SMEs in the appliance retail space are struggling, with news this week Radio Rentals is shuttering stores and 2nds World is in administration.

Administrators for collapsed menswear chain Ed Harry have been unable to find a buyer and will wind down the business in the coming weeks.

Established menswear retailer Ed Harry has appointed administrators after a difficult Christmas trade, sparking fears 2019 will be another tough year.

Sydney's Pitt Street Mall has been named the seventh most expensive shopping precinct in the world, but rent prices are beginning to "soften".

The administrators of Roger David will shut down the 76-year-old chain in mid-December after failing to find a buyer for the troubled business.

Retailers are gearing up for Christmas. Here are the trends you need to know about to make the most of the important trading period.