Article: RESOURCES TO MAIN COURSES, PUBLISHED IN THE RETAILER
In a recent article published by Suzee Brain, in the industry mag, The Retailer, check out the five big trends making food one of our next booms.
With department stores downsizing and mini majors like Dick Smith leaving gaping holes in centres, the pressure is on to develop new relevant tenancy mixes with high millennial appeal that encourage Australian shoppers and tourists to continue to make shopping a popular leisure activity.
Some say the arrival of internationals like H&M, Uniqlo, and Zara make mini majors the new centre anchors, however, while international fashion is only viable in CBD or regional sized centres, a new boom in food has the ability to be added to nearly every shopping environment in Australia.
The GFC in 2008 was a catalyst for the push towards a food catering boom. During this time, dining out at restaurants took a hammering, falling 3.8 percent, while fast food and food retail both surged.
Read the full article from the Au