I have been told that Sushi Train on Grenfell Street is closing soon.
The windows of the former Lucky 7 on King William St which has been vacant since 2014 now have '50% Leased' stickers on.
Sago Fresh (former Blue Lemon) has newspaper covering the doors.
So Cibo Espresso is likely to go too.
Could this mean something big is going to replace them all?
Well like I said, hopefully as Ben has said, Sushi Train is just moving east up the road (into the building next door) Not sure about those other two though
Re: News & Discussion: CBD Retail
Posted: Mon Sep 11, 2017 8:57 am
by Ben
Metalicus on Rundle Street closed on the weekend which is next to the vacant ex Marcs store. There is also a closing down sign on the Jeweler store just up from there. I think Rundle Street desperately needs developments like the Adelaidean and Realm to start - instant injection of around 400 workers and then you will have hotel guests and residents once complete. I think the next 12 -18 months will be tough for Rundle Street traders but once a few of these developments get up things will look much rosier.
In other news Jurlique is moving to the newly renovated peregrine building at 17 Rundle Mall. Swarovski is moving into their tenancy which will allow the redevelopment to get started of Rundle Mall Plaza.
Bossini has closed in the Myer centre which leaves that vacant, the former Lush tenancy, the former Aquila tenancy and the former Travel agency all empty on the western side of the ground floor. Management really need to consider a full reconfiguration not just paint and flooring.
Metalicus on Rundle Street closed on the weekend which is next to the vacant ex Marcs store. There is also a closing down sign on the Jeweler store just up from there. I think Rundle Street desperately needs developments like the Adelaidean and Realm to start - instant injection of around 400 workers and then you will have hotel guests and residents once complete. I think the next 12 -18 months will be tough for Rundle Street traders but once a few of these developments get up things will look much rosier.
To be fair, that jewellery store has had their 'closing down' signage up for well over a year now.
Marcs and American Apparel closing obviously had nothing at all to do with Rundle St, and there's been a couple of closures where the company has also had stores in the mall (like Lorna Jane). Not saying there's not tough times in the the short term future of Rundle St, but I don't think it's as bad as it might look. Some of the landlords probably need to re-think what they're charging for rent.
Re: News & Discussion: CBD Retail
Posted: Thu Sep 14, 2017 4:03 pm
by The Scooter Guy
The AFL Store has returned after a 6-Year Absence. It is located in the former Discount Vitamins Warehouse on King William St.
Bad news for comic book lovers!
After trading for a lot of years, Pulp Fiction Comics (next door to Colo 7) on King William St has fell victim to distrain as well as some other factors, a few of which I'd like to explain:
1. Being unable to compete with other comic stores including Greenlight Comics on Stephens Pl (just a short walk from here!). More Damage than Rectification indeed.
2. Threatening the copyright holders for the movie of the same name to sue thousands in damages! http://www.imdb.com/title/tt0110912/?ref_=ttco_co_tt
Bad news for comic book lovers!
After trading for a lot of years, Pulp Fiction Comics (next door to Colo 7) on King William St has fell victim to distrain as well as some other factors, a few of which I'd like to explain:
1. Being unable to compete with other comic stores including Greenlight Comics on Stephens Pl (just a short walk from here!). More Damage than Rectification indeed.
2. Threatening the copyright holders for the movie of the same name to sue thousands in damages! http://www.imdb.com/title/tt0110912/?ref_=ttco_co_tt
Always sad to see an established local business close down but if they couldn't cope with competition being in broadly the same geographical area then their business model can't have been too solid prior to the closure. Presumably Greenlight and the others offer something that Pulp Fiction didn't?
Re: News & Discussion: CBD Retail
Posted: Sat Sep 16, 2017 8:51 am
by SRW
Not necessarily retail but following on from the supposed travails of Rundle Street: the old Nova space has been leased to a "South Australian business in the creative industry" that will encourage visitation all days of the week. Maras Group is gun shy on announcing the identity of said business but apparently all will be revealed in coming weeks.
Re: News & Discussion: CBD Retail
Posted: Sat Sep 16, 2017 10:34 pm
by The Scooter Guy
Here's an ad for Citi Centre Arcade from 1993.
Can you imagine how many businesses were thriving compared with today?
Re: News & Discussion: CBD Retail
Posted: Thu Sep 21, 2017 2:00 pm
by Ben
The Athletes foot is currently being fit out in the former Michael Hill store.
