Sydney Morning Herald, 7 April 2018

Shifting strategy for large format retail

The mix of tenants leasing space in large format retail centres is diversifying in the wake of the online shopping, the Masters collapse and the revamp of old Bunnings sheds.

Gyms, restaurants, bottle shops and pet supplies are all moving into the centres once dominated by furniture and electrical goods. The Large Format Retailers Association estimates annual sales in the sector make up 22.2 per cent of all retail spending or more than $68.2 billion.

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