Shopping centres and suburban shopping strips are separate beasts when it comes to retail, each with their own challenges for landlords and tenants. And changes are underway. Site selection expert Peter Buckingham has studied the retail sector for decades and he discusses the big changes confronting Australia’s fashion industry as local businesses succumb to cheaper imports, online sales and the invasion of big fashion houses from overseas. As a result our local shopping strips are undergoing big changes, and our shopping centres too are responding to changing market conditions.
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