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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



TODAY, USA:
American department store chain Macy's will bet on selling trendy men's clothing.
Oct 18, 2019, USA:
The largest U.S. clothing retailer Gap announced the launch of the first retail store of its brand Hill City.
Oct 15, 2019, USA:
The company Ulta Beauty lures young buyers from its most active competitor.
Oct 14, 2019, United Kingdom:
A music supermarket is opening against the backdrop of reduced sales of music on physical media.
Oct 10, 2019, United Arab Emirates:
The interior of the new gym was designed by the designers looking back at the underground fighter clubs.
Oct 10, 2019, USA:
Against the background of the decline in wholesale sales, Levi Strauss & Co plans to open 100 new stores at once.
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