Big Box Retail

Investors will have their last chance to secure a Bunnings freehold in 2019 when one of the hardware chain’s high-performing regional stores is auctioned next month.

Bunnings Warehouse has put one of its Melbourne’s stores on the market in a rare opportunity to secure a property leased to the hardware giant. The property at Clyde North, in Melbourne’s south-east is the first …

A newly redeveloped Bunnings freehold in Lawnton, about 21 km north of Brisbane CBD, is shaping as one of the most keenly sought-after commercial property opportunities of 2019.

Toys ‘R’ Us has revealed the extend of its relaunch in Australia, just 12 months after shutting up shop amid ongoing retail woes.

Interests associated with Metro Storage have emerged as the buyer of a major large-format centre in western Sydney in a $47.5 million play.

Woolworths is set to close 30 Big W stores and two distribution centres Australia-wide as the impact of online retail continues to bite department stores.

Less than two years ago, Aussie hardware giant Bunnings Warehouse insisted it had no plans to join other major retailers in offering storewide online shopping to its customers.

Bunnings managing director Michael Schneider says the hardware chain will continue to open more physical stores as it looks to connect with commercial and trade customers as well as everyday shoppers.

An Abbotsford warehouse leased to Swedish furniture goliath IKEA has sold to a Chinese investor for more than $17 million.