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OBLONG

SnowJapan Member
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Posts posted by OBLONG

  1. Centre of town is quite variable (depending on who you talk to). However, there are a few things that are apparent.

    A fairly large, regional city, with a few "satellite" suburbs. The centre of town has been canibalised by the big stupormarkets (notably Woolies and Hardly Normal) who have created their own large shopping precincts well away from the CBD.

    From their perspective, the lower cost of rental/ownership of premises outside the CBD is the attraction. It also means that they can build a huge complex and tie up big national chains to fill the smaller (peripheral) stores they put in there. This recoups them a significant rental income on top of their retail sales income. Nice little earner, that!

     

    Woolies?

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