Tag Archives: retail

Free kick for retailers

CBD retail is booming on the back of millions of free tram trips within the CBD last year. Public Transport Victoria (PTV) has revealed to CBD News that there were more than 19 million tram trips in 2015. “The majority of this increase comes from trips made in the Free Tram Zone,” said PTV spokesperson

Local retailers are being marginalised

Local brands are being pushed to the outer by cashed up foreign retailers, according to a new report by CBRE. In its Market View, Quarter 1, 2015 the real estate company reports an influx of luxury foreign brands into the “Paris end” of Collins St over the past year and predicts the trend will continue.

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