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Premier Retail looking to exit 350 stores in Australia and New Zealand

Premier Retail looking to exit 350 stores in Australia and New Zealand

Despite delivering a 29 per cent growth in net profit to $137.8 million for FY20, Premier Investments is looking to exit 350 stores across Australia and New Zealand due to unfavourable rent agreements. Und...
Updated: Which retailers have closed stores so far?
“Very disappointing”: Melbourne lockdown comes just as retailers were starting to recover
H&M to close 250 stores globally as customers move online
H&M talks online growth, sustainability and recovering from the pandemic

Stores Archives

Priceline to shut 14 stores on falling foot traffic

API expects a full-year NPAT of between $30 and $31 million.

Swarovski launches Crystal Studio concept in Australia

Studio brings a renewed focus on the consumer to luxury jewelry retail.

David Jones enters Elizabeth Street sale negotiations with Charter Hall

The property firm will have a period of exclusive negotiations to pick up the recently renovated flagship.

Shopping centres: Here’s what the stock market isn’t telling you

Centres need to read between the lines of the stock market before jumping to any conclusions about the future.

ARA disappointed, concerned with continued Melbourne retail shutdown

Lack of guidelines for a potential reopening could lead to "hazardous" Christmas period.
mac innnovation lab
Store design

How the pandemic has changed bricks-and-mortar retail for the better

Covid-19 was the push retailers needed to ramp up digital technologies in stores.
Store design

Opinion: What’s the point of physical stores now?

There's an opportunity to define the post-pandemic experience and stand out from the crowd, with new ways to make shoppi...
H&M logo

H&M to close 250 stores globally as customers move online

Fast fashion retailer H&M said it plans to close 250 stores worldwide next year as more and more of its customers shift ...
Openings & closings

Retail’s new kids on the bricks-and-mortar block

As cities and countries slowly open back up, some corners of retail have taken the opportunity to innovate with new phys...

“We are incredibly sorry”: Flight Centre to close 90 further stores

Travel industry requires targeted support, says industry body.
Twinings tea masterclass
Openings & closings

VIDEO: Inside Twinings’ store transformation

Stephen Twining shares the thinking behind the transformation of the brand's only direct-to-consumer store.

Huawei doubles down on Australia, launching second experience store in Sydney

The store will allow customers to test out Huawei product's photography capabilities through an interactive photography ...
Adidas biggest store in Australia

Adidas opens its largest Australian store yet

Adidas has launched Australia’s largest store yet in Adelaide.

Dan Murphy’s unveils high-end concept store in Sydney

The 1,053 sqm store features more than 3000 products ranging from everyday drinks, wines and whiskies.
Image of Singtel store
Store tech

How a Singaporean telco built the world’s best store

Here’s how the innovative Unboxed store concept from Singtel works.