They added screens to my local Woolworths a few months bsck and it reminds me of the time when they last tried it and people used to pull the power cables out of the screens. They tried various things to stop people doing it but eventually the screens disappeared.
However the ads they seem to play on the screens do not have any audio so it’s much less annoying and much more difficult to take out the power to the screens. You would have to cut the wires. I still wonder why it is necessary however.
Perth is a different case in that whatever the CBD offers, suburban shopping centres beat by a wide margin. CBD shopping is essentially dead until Carillon opens back up.
Yep. Probably will just be demolished , do not see it getting anything done. I was there the other day. Sad to see it this way but fuck , this is what happens when a foreign investor. Company comes in and snaps it up and does fuck all.
The Sydney Fish Market (SFM), responding to reports it was confronting an $8m loss for 2023-24 and had allegedly brought in insolvency experts, stated bluntly it remained a viable business.
Not an exclusive problem to Foreign Owners/Investors. Galleria is owned by the Australian Vicinity, who also run Chadstone and many other successful centres. A lot of it’s problems go down to the Galleria specifically. The council has almost just as much to blame for the Galleria as their owners, and haven’t done much to make Morley as a whole very enticing.
These days, I feel in a sombre mood everytime I think of how, last century (1980s and 90s), Myer was the pinnacle of International Retail in Victoria and David Jones the pinnacle in New South Wales. Most of the time, I feel that the days of the launching of new full-priced stores of chains like Myer and DJs are becoming a thing of the past. I feel the best way to go for these chains are only existing full store renewals and who remembers the day Myer had a separate Clearance outlet store at Sunshine in Victoria during the late 1990s? Mind you a downscaled version of those were trialed 20 years later in some existing stores around Australia.
New data has revealed the fees for Australian businesses to accept card payments have skyrocketed to “record highs”. As battling against the cost-of-living crisis, with merchants also faced with a difficult decision of whether to cop these fees or pass them on to consumers.
The government wants to outlaw card surcharges for debit purchases from the beginning of next year and the Reserve Bank of Australia (RBA) is conducting a large-scale review into card payments. Bradford Kelly, co-founder of the Independent Payments Forum, told Yahoo Finance a shakeup is needed to make payments fairer for everyone.
“It’s a $1.3 billion problem, because that’s what we’re paying,” Kelly said. “And I think it’s important to understand that small businesses pay astronomical fees compared with big business.”
The RBA released a report last year revealing that businesses with a turnover of less than $100,000 per year pay close to an average of 1.5 per cent of the value of card transactions on merchant fees.
However, those that pull in more than $10 million per year pay a little over 0.5 per cent per transaction.
The RBA found that around 50 per cent of small merchants pay between 1.5 to more than 2.5 per cent per card transaction.
The owners of Antica Persia in Fyshwick are retiring. A sale is currently on at the moment with 50% off everything in their store. I assume they’re closing down?
Interesting times for WOW. I really think they should just focus on the core Food Group and ditch all the others.
Some interesting language around NZ Supermarkets and BIGW. They need to offload the Kiwi business, and I really don’t know what they can do with BIGW. Its earnings appear to be going nowhere, and it hasn’t made money for what 15 years?
Could Kmart Group takeover BIGW? I can’t see any other exit opportunity. They really need to offload it and start to focus on Food. Why on earth did they buy Petstock also?
There was an infamous Persian Rug Store in Rozelle which had a “closing down sale” for about ten years. 