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‘Mall of the future’ – Macquarie Centre



The latest example of a mall of the future will be the $440m redevelopment of the Macquarie Centre in North Ryde.
On completion, the centre will contain two new-look department stores, David Jones and Myer, plus a host of international fashion brand stores.The tenant list has not been confirmed, but it may include H&M, Topshop, Topman and Zara.

The project’s second stage should be completed before the Christmas shopping period commences and apart from the new formats for the stores, will offer a leisure and retail destination suitable for employees at the Macquarie University, Macquarie Business Park and local residents.The mall will offer a bigger food court with a wider selection, as well as more seating space. It will offer shoppers communal space and entertainment which is set to boost income to offset the slow sales of traditional department and clothing stores.Shoppers will be alerted to new offers on a 21-metre ceiling screen. 

The ice rink is very popular and may now include storage and locker facilities for click and collect shoppers. The huge growth in online sales has resulted in Australia Post opening up additional freestanding lockers. The first section will open as new data indicates a decline in the retail vacancy rate from 3.8% in December 2013, to 3.6% in June 2014.



More about shopping malls in Australia



Aug 14, 2019, USA:
The flagship store in NYC presents an updated global concept of The North Face retail stores.
Aug 14, 2019, United Kingdom:
Crew Clothing and independent retailer Starlings Toy Outlet are set to open shops in the East Midlands.
Aug 13, 2019, USA:
Nike announced the launch of the sneaker subscription service for children.
Aug 13, 2019, Russia:
The brand has entered Russia for the first time through Ingka Centres’, formerly IKEA Centres, MEGA mall in Moscow.
Aug 12, 2019, Italy:
WRM Group and Conad signed an agreement to acquire Auchan Retail Italia, announced by the financial community.
Aug 9, 2019, Hong Kong:
An American fast-food chain has announced the opening of its flagship restaurant in an updated concept in Hong Kong.
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