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Department store woes hit Scentre Group sales

People & Companies / Latest News

Australia

Nov 06 2017

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Carolyn Cummins, The Sydney Morning Herald

Retail property giant Scentre Group has reported mixed sales for its third-quarter trading update, reflecting the general weaker state of consumer sentiment.

Its department store tenants saw sales declines of 6.7 per cent for the nine months ending September 30, while the more popular, internet-proof food clients reported a rise of 0.9 per cent.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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