New Zealand retailers warned to ‘utilise space’ from Australian stores

  • Property
  • February 15, 2017
  • Courtney Devereux
New Zealand retailers warned to ‘utilise space’ from Australian stores

Retailers around New Zealand are being forced to use bigger spaces to create a ‘presence’ of their brand in stores to combat the loss of foot traffic due to online shopping growth.

Colliers International's head of retail in Australia, Michael Bate, said the retail industry there had been "heavily concentrated and characterised by fierce competition between online shopping".

Now the retail industry is undergoing "an unprecedented period of disruption" as they try to meet the changing demands of consumers and a slew of new competitors based online.

Department stores are now savvier with their space, and embarking upon multi-channel strategies to appeal to changing consumer needs. 

"This is opening up our retail industry to new players, and providing our consumers with an increased choice." Bate said.

“With the influx of online shopping it is crucial that stores utilise the face they can have a physical presence, and to use that as much a they can to their advantage.” Said Bate

New Zealand’s savvy consumers know these global brands, making their move into the market an easy one.

Similar comments have been made, where major fashion brands like Zara, H&M and Top Shop are said to be taking their time finding the right locations. All three shops are two-stories with a distinct feel to each one.

David Jones has said its move to Wellington was largely motivated by the right property becoming available: Kirkcaldie & Stains' historic building on the city's "golden mile".

And with an already bumper year of spending up 6.7 per cent, International brands will continue to trickle in as the spaces provided create an opportunity that online buying tends to fall short on.  

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Storm CEO buys the brand from Hallenstein Glasson

  • News
  • March 20, 2018
  • Sarah Dunn
Storm CEO buys the brand from Hallenstein Glasson

While Hallenstein Glasson has enjoyed a strong recovery at the last annual report, its ‘high-end fashion’ brand Storm has consistently been a weak performer compared to Glassons and Hallenstein Brothers. Now, it’s been purchased by chief executive Deborah Caldwell.

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Catch Group launches bargain website in New Zealand

  • News
  • March 20, 2018
  • Sarah Dunn
Catch Group launches bargain website in New Zealand

A new website called Catch of the Day will target Kiwi bargain-hunters with thousands of products across dozens of retail categories. The suite of sites run by owner Catch Group in Australia sell an item every 2.8 seconds, and ship over 10,000 orders per day.

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