Why the long game has just begun in landlords v retailers
The affordable family car opened the way for the suburban shopping centre. Now technology, in the form of online shopping, is remaking the retail industry.
Scentre Group and its Westfield team gained a much-needed boost with the dramatic lockout last week, in a dispute over rent, of 129 stores tenanted by Mosaic Brands.
The Scentre stock price went up, at least until Wednesday, despite a $3.6 billion half-year loss, as many investors welcomed the harder line with tenants.