Retail in Asia

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City stores welcome new retail revolution in Australia

The retail revolution in the Sydney and Melbourne central business districts has only just begun, according to commercial real estate agents.

Already the biggest and most popular chains are established and more are on their way, with the only impediment for vast and swift expansion finding the right stores and locations. But even that is not as hard as it was only a few years ago. And even the local retailers, who are the main targets, are welcoming the new arrivals as they are bringing back much-needed foot traffic.

The opening of pop-up stores paves the way for the new entrants. One of the latest has been the Japanese Uniqlo, which opened a short-leased site in January in Swanston Street, Melbourne.