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Auckland and Upper North Island Top Shop winners crowned

  • News
  • July 31, 2015
  • Elly Strang
Auckland and Upper North Island Top Shop winners crowned

It was a glamorous night out for all celebrating retail’s star performers at Retail NZ’s 2015 Upper North Island Top Shop Awards. The crowd pulled out their best frocks, champagne bottles were popped and tables were adorned with glittering miniature shopping trolleys.

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David Jones takeover of Kirkcaldie & Stains finalised

  • News
  • July 31, 2015
  • Elly Strang
David Jones takeover of Kirkcaldie & Stains finalised

Kirkcaldie’s shareholders have voted overwhelmingly to sell the historical brand and lease the store to Australian retailer David Jones. Chairman Falcon Clouston says the sale is proof of how tough retailing has become, particularly with a single, large format store like Kirkcaldie & Stains.

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The rise and fall of renting in the CBD: is it worth paying the price for prime?

  • News
  • July 30, 2015
  • Elly Strang
The rise and fall of renting in the CBD: is it worth paying the price for prime?

When business is booming within a CBD, it often has a reverse effect and increases the rent for retailers – kicking those who can’t afford to stick around to the curb. We talked to JLL’s director of research and capital markets about the challenges surrounding CBD rent in high and low rent areas, and whether it’s worth paying the price to be a prime position.

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