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Dick Smith’s regional stores struggle to be filled

  • Property
  • November 10, 2016
  • Elly Strang
Dick Smith’s regional stores struggle to be filled

Out of the 62 stores that remained when Dick Smith shut down earlier this year, just over a dozen have been re-leased to new tenants. Colliers national director of retail Leroy Wolland said there's a lack of demand for Dick Smith's former stores in smaller towns such as Levin, Gisborne, Richmond and Wanganui.

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How New Zealand’s retail property sector is faring in 2016

  • Property
  • October 4, 2016
  • Elly Strang
How New Zealand’s retail property sector is faring in 2016

The New Zealand retail industry is becoming much meaner and leaner, a report by property company Colliers says today. Retailers are streamlining their operations and managing their properties better to meet the changing demands of consumers. We take a closer look at the report’s findings and how New Zealand’s different cities are faring.

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How to open a store, part 2: Shopping centres

  • Property
  • September 22, 2016
  • Sarah Dunn
How to open a store, part 2: Shopping centres

In a series of articles run in The Register's print magazine, NZ Retail, Sarah Dunn considers the practical realities of launching a boutique retail operation. To help visualise this, Dunn made up an imaginary retail proposition called Scribble Kitty - it's a utopian palace combining comic shop and cat cafe. In this installment, she looks at leasing from shopping centres.

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How to open a store, part 1: Property

  • Property
  • September 20, 2016
  • Sarah Dunn
How to open a store, part 1: Property

Opening a boutique retail store is a bucket-list item for many people, but the reality is more complicated than many prospective retailers imagine. The Register editor Sarah Dunn dares to dream. The first installment covers leasing, site inspections and other aspects of finding retail premises.

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NorthWest Shopping Centre nears completion

  • Property
  • September 6, 2016
  • Elly Strang
NorthWest Shopping Centre nears completion

The date has been set for the opening of NorthWest shopping centre stage two – a retail, office and dining development opposite NorthWest mall. It will open later this month on 29 September. We spoke with Stride Property CEO Peter Alexander ahead of its launch.

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Bivouac finds true north at Northwood

  • Property
  • August 29, 2016
  • Sarah Dunn
Bivouac finds true north at Northwood

The effects of the Christchurch earthquake are still being felt in retail, even five years after the event. Christchurch-based retailer Bivouac Outdoor has opened a new large-format store in the Northwood Supa Centa in order to service a growing post-quake population in the north of Christchurch.

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Cotton On scoops a New Zealand shopping centre

  • Property
  • August 24, 2016
  • Elly Strang
Cotton On scoops a New Zealand shopping centre

International fast fashion giant Cotton On has purchased its first ever shopping centre in no other country than little old New Zealand. It bought Papamoa's Fashion Island shopping centre off a group of business people earlier this year for $6.25 million. We talked to country manager Mark Singleton about the move.

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Victorian buildings offer retailers pleasure and pain

  • Property
  • August 9, 2016
  • Denise Piper
Victorian buildings offer retailers pleasure and pain

Oamaru, in north Otago, boasts a precinct of Victorian commercial buildings, made in a picturesque, Neo Classical style out of Oamaru stone. But while the buildings – built between 1865 and 1885 – are an attraction in themselves, the retail tenants inside them are sometimes left shivering in the cold, and battling with a lack of window display space.

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Christchurch's retail fortress in Hornby expands

  • In association with Colliers
  • July 26, 2016
  • Warren Head
Christchurch's retail fortress in Hornby expands

On the western edge of Christchurch, Hornby retains its reputation as a retail fortress. Its shopping centre, The Hub, is getting a $60 million expansion and its former Mitre 10 Mega site has been redeveloped. Hornby is on the up.

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City centre nears return to prosperity

  • In association with Colliers
  • July 26, 2016
  • Claire Bennett
City centre nears return to prosperity

As part of a series on Christchurch's retail recovery, Colliers' Claire Bennett offers a real estate perspective on the hot new shopping districts emerging from the rubble.

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