CEO Peter
Allen has warned retailers that they need to keep up with consumer trends if
they are to find a place in Westfield centres.
Allen said
that digital disruption was necessitating a change in the way retailers dealt
with their customers and there was an obligation to ensure compelling reasons
for customers to visit their centres.
Allen said the landlord will
“proactively curate” its tenancy mix to meet the needs of customers. “We
understand the value of our space and want to facilitate those retailers who
customers engage with at our centres.”
His comments were made as retailers
continue to put pressure on landlords to reduce their store holdings and the
cost impact of rent.
Inside Retail article - https://www.insideretail.com.au/blog/2018/04/05/scentre-chiefs-warning-for-retailers/#daily