LeaseWise News
Zeus Street Greek taps into WA market
April 19, 2017 Inside Retail Zeus Street Greek will tap into the West Australian market, opening its 13th store on May 4 in Mount Lawley in Perth. The store will feature a new generation store design, which Zeus said embodies the chain’s continuous evolution and ‘old meets new philosophy’. The bespoke fit out integrates art…
Read more...Zeus Street Greek continues expansion
Zeus Street Greek, will open its 12th outlet at Australia Square’s dining precinct on April 19. The store’s location, which will feature a design that showcases an authentic Greek kitchen, has been strategically selected by the family-owned group of fresh casual eateries, to target the corporate lunch crowd of the area. The launch marks the second foray…
Read more...Is the food court dead for franchises?
Ange Kondos, managing director of Leasewise, shares his thoughts about today’s retail and leasing scene. Q: What’s the biggest issue right now for franchisors? A: “The biggest issues for franchisors in retail is to consider that retail has been largely flat, almost regressive, in recent years so occupancy costs or rents have risen by 4…
Read more...Zeus Opens Their First Store in ACT
Family-owned group of fresh casual eateries, Zeus Street Greek, is tapping into the Canberra market by opening their first store tomorrow in the ACT. The new location will span a light filled corner block with a contemporary industrial inspired setting. The store design pays tribute to the authenticity of the Greek kitchen within a bespoke ‘street’…
Read more...The future of the retail tenancy agreement – time for change?
In a world where customers are increasingly visiting stores to collect goods purchased online and browse so-called ‘endless aisles’ to make digital purchases, retail landlords are beginning to question what really constitutes as an in-store sale. The retail tenancy agreement remains largely predicated on driving higher rents with sales growth, fixed market prices and CPI…
Read more...Greek food chain sets sights on ‘fresh casual’ market
Family-owned, Zeus Street Greek, is looking to take advantage of the emergence of ‘fresh casual’ dining precincts across Australia with its new menu and store expansions into new markets this year. Speaking to Inside Retail, Costa Anastasiadis, co-founder of Zeus and formerly co-founder and director of Crust Gourmet Pizza, which was sold to Retail Food…
Read more...Retail with a Cause!
Everyone loves a rebel. You may not wish to admit to it, but the truth is we can’t help but be drawn in by their total disregard for the same rules the rest of us feel obliged to abide by. They tweak our interest and lure us in because in their world, anything is possible….
Read more...Who will be the New Owner of Howards Storage World?
The fate of Howards Storage is expected to be known by the end of January. The space saving and storage chain was placed in voluntary administration on December 9 last year and has been advertised for sale.
Read more...Howards Storage World enters administration
Another major retailer has entered administration in 2016, after Howards Storage World appointed Deloitte as voluntary administrators late last week. David Lombe and Vaughan Strawbridge from Deloitte will take control of operations for the home organisation and specialty storage retailer, with a view to selling the business. They have been appointed to companies that run 29…
Read more...No Buyer Found for Pumpkin Patch
Pumpkin Patch have confirmed that the failed childrenswear retailer has failed to attract a buyer and will begin to wind down the business this week. Receiver, Brendon Gibson from KordaMentha said that without a serious expression of interest being received, there was no choice but to sell all stock and wind down the business. “Our…
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