Yesterday
Coles names Victoria as Australia’s supermarket theft capital
Other grocery retailers are also warning about a rise in shoplifting in the state, suggesting criminal organisations are becoming more brazen.
October 2024
Labor is killing Victoria’s economy: Dutton
Western Australia topped CommSec’s latest State of the States report, which tracks key economic indicators to determine which jurisdiction is performing best.
No trains or passengers yet, but Melbourne’s new Metro Rail has shops
Passengers travelling through the twin 9-kilometre tunnels, opening next year, will create a whole new market of shoppers for retailers.
Working from home brings suburban strips back to life
Vacancy rates on affluent retail strips such as High Street Armadale in Melbourne are plunging as more people work from home and shop locally.
August 2024
‘Heartbreaking’: Melbourne stores bite the dust as workers stay home
Small-business owner Chelsea McIntosh has been forced to close down six out of seven gift shops she ran in Melbourne’s CBD as the retail sector has been rattled.
March 2024
Restaurant cancellation fees are popping up everywhere. Here’s why
Fine dining venues in Sydney and Melbourne are charging between $50 to nearly $200 a head for last-minute cancellations amid sustained cost pressures.
January 2024
VB is in and sushi is out despite prices easing
The boss of Australia’s largest independent retailer says that while easing inflation will allay rate hike fears, premium products still aren’t selling.
August 2023
Nobody Denim axes 40 staff, raising questions about its manufacturing future
The company’s chairman, John Condilis, said “various options” were being explored to continue some outsourced local manufacturing.
May 2023
National Geographic stores open despite shaky consumer backdrop
The legendary 135-year-old company is opening its first apparel store in Melbourne this week.
January 2023
Melbourne shoppers spend more as city hums back to life
Shoppers in the Victorian capital spent more than in December than the same time in 2019, despite overall traffic still being down, in a sign the city is roaring back to life.
November 2022
Can Melbourne’s ‘scarred’ CBD ever recover? These businesses fear not
The failure of the Melbourne CBD to return to anywhere near its former glory was highlighted in another month of poor office occupancy rates.
Melbourne CBD’s slow return to normal after ‘seismic’ lockdowns
A poll last week found 62 per cent of Victorians say Melbourne’s CBD is worse than pre-COVID-19, but while some restaurants bemoan conditions others are booked out.
October 2022
Melbourne CBD shops change hands on yield below 3pc
The Lonsdale Street transaction is one of a number of retail property deals in the past year struck on very tight yields.
May 2022
Private developers spend $75m on Melbourne malls
HomeCo has sold its Knoxfield homemaker centre for $45 million while Chinese investors lost a chunk of money on the sale of a Mornington mall.
March 2022
February retail sales positive as life gets back to normal
The number of people shopping, spending at bars and restaurants, going to the gym and getting some relaxation at their local park lifted to the highest levels in February since prior to the COVID-19 crisis.
December 2021
Developers swoop on $200m of outer Melbourne housing sites
Melbourne-based Jinding has snapped up two sites in the city’s north for $130m while the Clyde Town Centre site has been bought by Sydney’s Bathla Group.
Mall owner Vicinity steps up office tower roll-out
The development at Bayside, in Melbourne’s south-east, comes as part of an effort by Vicinity to exploit is real estate holdings, building apartments, hotels and office towers on available space within shopping centres.
September 2021
The key dates in Melbourne’s reopening plan
The Victorian government announced its reopening plan. Here are the key dates for metro Melbourne. All settings and dates may change pending hospital caseloads and health advice.
July 2021
June retail sales plunge, July will be worse
Retail trade fell 1.8 per cent in June as lockdowns restricted movement and forced stores to temporarily close their doors.
June 2021
Melbourne business needs to know road out
Melbourne business owners are being kept in the dark about the state government’s road out of lockdown. They deserve more.