Tuesday, October 16, 2012

SHRINKING DARWIN SHOPS

Something strange is happening in Darwin’s largest shopping centre , Casuarina Square, without a mention in the media. Several shops are in the process of being greatly reduced in size. One that stands out is the substantial Harrison’s Pharmacy , seemingly being reduced to half its size. A shoe shop appears to be in the process of down sizing to make way for two additional businesses . Is it a case of soaring rents, poor retail trading or a strong demand for new space in the complex ?