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Three Keys to Rethinking Retail (3/3): Location and Localism

Three Keys to Rethinking Retail (3/3): Location and Localism With a groundbreaking combination of experiential innovation, cultural cachet and world-class tenant representation (if we say so ourselves), Culture Kings’ massively successful first international store opening in Sylvia Park showed us that brick-and-mortar retail isn’t dead — just different. For retailers to thrive in a post-COVID world, there are three key …

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Culture Kings Sylvia Park opening

Three Keys to Rethinking Retail (2/3): Experiential Potential

Three Keys to Rethinking Retail (2/3): Experiential Potential With a groundbreaking combination of experiential innovation, cultural cachet and world-class tenant representation (if we say so ourselves), Culture Kings’ massively successful first international store opening in Sylvia Park.showed us that brick-and-mortar retail isn’t dead — just different. For retailers to thrive in a post-COVID world, there are three key adjectives to consider: omnichannel, experiential, and local.   We think …

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Three Keys to Rethinking Retail (1/3): Omnichannel Omnipotence

Three Keys to Rethinking Retail (1/3): Omnichannel Omnipotence For retailers stuck in lockdown, or teetering on the edge of one, it’s hard to imagine what the next few days will bring — let alone the next few years. But there is plenty of desire, and plenty of reason, to hold onto hope.  Before Delta, Australian retail sales were trending towards recovery, according to Australian Bureau …

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WFH?! How businesses are dealing with head office lease negotiations in 2021

WFH?! How businesses are dealing with head office lease negotiations in 2021 Photo by Philipp Birmes from Pexels Many firms are still deciding what to do with their office space in the post-COVID Aussie economy. In 2020, national office vacancy reached its highest level for more than a decade. Alongside this, prime CBD office rents fell more than 10 per cent in Sydney and Melbourne.  It's anticipated that this soft rental growth will continue …

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How smart eCommerce businesses are optimising their warehouse solutions

How smart eCommerce businesses are optimising their warehouse solutions The big shift to online shopping represents a major opportunity for eCommerce businesses. The increase in online sales in 2020 may have been equivalent to 4 years of historic growth, according to Savills. And the NAB Online Retail Sales Index showed online sales grew 59.3 per cent in the year to …

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The rising tide of experiential retail

The rising tide of experiential retail Culture Kings co-founders Tah-nee and Simon Beard (left), with A.k.a Brands CEO Jill Ramsey [Women's Wear Daily] There’s a rising tide of experiential Aussie retailers who are straddling the digital/in-store divide like champions. In the post-COVID economy, where online shopping grew 57% year-on-year to reach an all-time high in 2020, having a holistic and integrated …

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UPDATE: Code of Conduct for Commercial Tenants Negotiating Leases in 2021

UPDATE: Code of Conduct For Commercial Tenants Negotiating Leases in 2021 Image: iStock UPDATE 10/01/2021: The regulatory environment for commercial tenants negotiating with landlords has undergone several changes since the first emergency measures were introduced in 2020. The National Cabinet Mandatory Code of Conduct remains in effect, since JobKeeper program was extended to March 28 2021. …

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How to negotiate the best lease deal as a business tenant: know who's on your side.

How to negotiate the best lease deal as a business? Start by knowing who to ask for advice. This article first appeared on LinkedIn. This is a guide for any commercial tenant looking to find a new site, change their office footprint, or just understand how lease negotiations work. As a business, it’s crucial you …

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