Dress Smart is up for sale and, while it may not be at a discount, it’s still a smart buy. That’s the thinking from one retail expert who says outlet shopping in New Zealand remains “rock’n’roll retail”.
Six new flagship stores have been announced for the soon-to-open Commercial Bay shopping centre in central Auckland. Three of these stores represent the first standalone stores in New Zealand from large international retailers.
The Westfield shopping centre formerly known as 277 has been closed for two years as $790 million renovation has taken place. Now, stage one will open at 9am on Thursday morning.
The trendiest discount retailer in town continues its rapid roll-out across New Zealand with a 24-hour store opening at Auckland’s Sylvia Park, and construction of a Napier store beginning.
Property management and investment company Stride has posted a lower net profit, with slower growth in the value of its portfolio.