A department store employee wheels clothes across Melbourne’s Bourke Street Mall on August 5 2020, as retailers prepared to close their doors to customers.
Asanka Brendon Ratnayake/AP
The COVID-19 crisis is stretching long strained relations between shopping centre landlords and tenants to breaking point.
Westfield Burwood circa 1999, a year before being demolished to make way for a new Westfield building.
Wikimedia Commons (unknown author)
The fact that Westfield’s founders are moving out of physical store development to invest in innovative retail technology shows what’s to come in Australian retail.
Westfield Retail Trust’s chairman Richard Warburton deferred a vote on controversial plans to spin off the group.
Reports of the Westfield Group’s attempts to push through a A$15 billion restructure - complete with a boisterous showdown last Thursday - have mostly concentrated around the effect of the deal on its…