The rise in internet-based retailing has inevitably generated debate on the future of bricks-and-mortar shops, and the shopping centres that accommodate them.
Despite some pundits predicting the death of the mall, there’s no strong signs as yet of the “mall lifecycle” coming to an end.
In fact many domestic shopping centres, such as Melbourne’s Chadstone and Sydney’s Bondi Junction, continue to evolve through extensions or major revamps.
So, Christmas Eve wasn’t the saviour that the retailers expected. In conversations with retailers, it seems that even Christmas Eve sales were down. As one said to me, “This is the quietest Christmas Eve that I can remember.”
That said, it seems that grocery sales were up leading up to Christmas. Gluttony takes another form?