Kiwi Westfield Malls’ retail sales worth more than $10k per square metre

  • News
  • May 11, 2015
  • Elly Strang
Kiwi Westfield Malls’ retail sales worth more than $10k per square metre

The owner and operator of Westfield malls announced an annual turnover in New Zealand of $2.3 billion.

The nine centres have 1410 stores operating within them.

Five of the malls are joint ventures with the Singaporean Government Investment Corporation and four are wholly owned, but the company says it’s keen to sell the four wholly owned malls.

The four centres it wants to sell are located in Henderson and Glenfield in Auckland, in Chartwell in Hamilton and Queensgate in Wellington’s Lower Hutt.

Specialty retail sales in New Zealand grew 2.8 percent in the last year and 5.9 percent in the last three months.

Comparing sales growth, “majors” (such as supermarkets) grew 2.4 percent in New Zealand in the past 12 months. Mini majors (such as JB Hi-Fi) grew 0.9 percent.

Scentre Group says state-of-the-art wifi will be rolled out at 26 centres by the end of this year, but doesn’t confirm if any are in New Zealand.

It’s also launched a SmartScreen network, which is an in-house digital advertising network of 1200 digital displays across its stores.

CEO Peter Allen says this will create a new, sophisticated channel to connect with shoppers.

As for development opportunities, it says there is potential to develop its three Auckland-based malls in Albany, Newmarket and St Lukes.

This is a community discussion forum. Comment is free but please respect our rules:

  1. Don’t be abusive or use sweary type words
  2. Don’t break the law: libel, slander and defamatory comments are forbidden
  3. Don’t resort to name-calling, mean-spiritedness, or slagging off
  4. Don’t pretend to be someone else.

If we find you doing these things, your comments will be edited without recourse and you may be asked to go away and reconsider your actions.
We respect the right to free speech and anonymous comments. Don’t abuse the privilege.

Sponsored Content

Wages: Don’t get caught sleeping in

The media reports of years of unpaid time for attending team meetings and opening or closing up stores in the retail sector highlights the action ...

Sponsored content

Batched Espresso: Premium products for the casual

Batched Espresso Martini is the latest product hitting liquor shelves. The pre-mixed cocktail goes far beyond traditional ready-to-drink beverages and introduces a new, premium way, ...

Town centres
A positive retail environment over the past 12 ...
Amazon Arrival
Keeping up with all things Amazon as it ...
The Retail Yearbook 2017
As we battle our way through the busiest ...
Hospitality enhancing retail
Some think food and integrated hospitality offerings will ...
The future is bright
We spoke with four retailers in their twenties ...
Spotlight on signage
At first glance, the humble in-store sign might ...
How to open a store
Sarah Dunn considers what it would take to ...
Red Awards 2016
The Red Awards for retail interior design celebrate ...
Auckland Unitary Plan
Auckland is changing. The Unitary Plan will decide ...
Retail in heartland New Zealand
Retailers keep the regions pumping, but how strong ...
All things to all people
Kiwi retailers share their omnichannel strategies.
Rising stars
Retail's top young achievers.
Delivering on your promises
The sale isn't over until your item is ...
Women in retail help one another. We spoke ...
The changing face of retail
Shifting demographics are creating big changes in New ...
The retail yearbook
With the help of experts in the retail ...
Retail rogues
We put the spotlight on staff training. Jai ...
Here come the giants
Topshop has arrived in Auckland’s CBD, David Jones ...
Loyalty in the digital age
How are retailers maintaining loyalty? Sarah Dunn, Elly ...
Window shopping: A spotlight on social media
Sarah Dunn and Elly Strang look at how ...
From retail to e-tail
Ecommerce has become part of the way mainstream ...
The Innovators | In partnership with Spark Business
Technology is rapidly changing the retail industry as ...

First Aid Pod aims to give privacy to those in need

  • News
  • June 20, 2018
  • Elly Strang
First Aid Pod aims to give privacy to those in need

If you’ve ever been involved in an emergency in a public space, you’ll know that privacy is often desired for both the person under duress and the first aid responder trying to help. Three Dunedin retail workers had seen it happen all too often, so they’ve created the First Aid Pod – a pop-up tent that provides shelter and all the medical gear necessary to deal with such a situation.

Read more
Next page
Results for
About us.

The Register provides essential industry news and intelligence, updated daily. And the digital newsletter delivers the latest news to your inbox twice a week — for free!

©2009–2015 Tangible Media. All rights reserved.
Use of this site constitutes acceptance of our Privacy policy.

The Register

Content marketing/advertising? Email or call 022 639 3004

View Media Kit