LeaseWise News
Country Road acquires Politix
Politix has 75 stores, including 31 concessions across Australia and FY2016 sales of A$56 million. The proposed acquisition will be funded through internal resources and is expected to be immediately EPS accretive. Woolworths said the acquisition is consistent with WHL’s southern hemisphere strategy of building a strong and diversified portfolio of iconic brands. Politix will…
Read more...Soul Origin takes up the fight against queues
Award winning Sydney-based coffee and food franchise brand Soul Origin plans to boost their lunch time trade with the integration of their point of sale platform Shift8 and queue busting mobile app Beat the Q.
Read more...Why do retailers fail?
In our first post on the topic of failure, I gave an overview of what failure is, how we respond to it and how we should respond to it.
Read more...It’s amazing the difference optimism makes
According to the Australian Bureau of Statistics (ABS) all retail sales data dollars taken at retail in this country have not taken a backward step in rolling MAT terms since 2000.
Read more...Leasing Smarts
The past 12 months has seen the collapse of several high profile Australian retailers, all of whom have blamed ongoing rent hikes as a contributing factor to their demise.
Read more...The 3 most important things in retail
Ask anyone who is in retail what the three most important things are and they will invariably trot out the trite words, “position, position, and position”.
Read more...When the Lowys sell, the rest of us had better pay attention
A MOVE by the savvy Lowy family to dump its entire stake in Westfield Retail Trust raises questions about the future of the Australian retail market.
The Lowys made a fortune correctly picking retail trends.
The pros and cons of sub-leasing
What is a sub-lease?
A retail lease is a contract between the retailer and the landlord that specifies premises, their size, the amount of rent payable and a host of other items such as term (length of time), annual increases and many other clauses that relate to the day to day obligations and responsibilities for the premises. It is a contract.
Read more...Rentwise Report to Ease Stress
Leasewise has launched its new Rent Wise report through its web site at www.leasewise.net.au
In this ever challenging retail environment information and preparation is king.
Retail leases: The Benefits of Being in a Franchise
Paying rent is a major cost for any retail business, especially in high profile shopping centres. A franchisee can gain significantly from the experience of their franchisor when it comes to leasing their outlet, and it’s one of the benefits of investing in a franchise brand. Ange Kondos of The Leasewise Group explains more.
Read more...Proudly representing & growing the following