30 July, 2021 South Australia's other fake news source

New SA retail forecast in: All Rundle Mall shops to shut by 2021

The latest numbers are in for South Australia’s economy, and it’s not good news for the state’s struggling retail sector.

Adelaide Research & Survey Estimates (ARSE) has revealed its annual economic forecasts, and it looks as though the remaining stores populating Rundle Mall are set to close by the end of the year.

At this stage, our figures say that every non-food, beverage or discount book shop in Rundle Mall will be closed by the end of the year

‘While there are some glimmers of hope’, says Chief Economist for ARSE Eeta Greenspan, ‘that optimism is mostly around bubble tea stores and those weird book shops that sell all books for six dollars and are constantly closing down and moving two shops down’.

‘At this stage, our figures say that every non-food, beverage or discount book shop in Rundle Mall will be closed by the end of the year’.

Rundle Mall’s management team is already looking to a future without retail, employing the help of a person well versed in transitioning former thriving hubs of activity to a life after retail. Josper Kerfoot is head of Empty Spaces at the Myer Centre.

‘Just because a few shops leave, doesn’t mean it’s the end of the world’, says Kerfoot. ‘Look at Dazzeland, that closed down and the Myer Centre’s doing just fine, especially those top two levels’.

‘The city centre isn’t just about shops, or having tenants, or making money, or ensuring the ongoing viability of a retail district. It’s about making sure that the parklands and our views of the hills are kept in tact. That’s what Anne Moran told me, at least’.

Related Posts

City dads mourn the closure of their sole fashion source

17 February, 2020

17 February, 2020

Dads from around Adelaide have gathered to pay silent tribute to their sole source of clothing and style advice following...

‘The Advertiser site really needs more autoplaying videos’, says idiot

7 February, 2019

7 February, 2019

Not content with the dozens of relentless display ads and ‘native’ articles masquerading as journalism, The Advertiser has employed idiot...

Bazza the Bunyip statue becomes target of protesters for his “complicity in colonising Murray”

25 June, 2020

25 June, 2020

TRENT BARTLETT Murray Bridge’s monument to the mythical Murray River creature Bazza the Bunyip has become the latest statue to...

Adelaide man thinks shirt smelling like smoke is the biggest issue as hundreds flee homes

21 November, 2019

21 November, 2019

As residents of Yorke Peninsula have fled their homes overnight, only to hear this morning that their property is lost,...

New sports radio station 1629 SEN releases coverage map

10 December, 2018

10 December, 2018

Following questions about the breadth of new sports-only radio station SEN’s broadcast coverage, the fledgling station has released a comprehensive...

All we want to know about the SkyCity Casino upgrade is if they’ve brought back the horse racing game

2 December, 2020

2 December, 2020

The new upgraded section of the SkyCity Adelaide casino has opened and it seems they’re letting all local media in...

We take a look back at ‘Crow Milk’ and the diabetes epidemic it caused

2 December, 2019

2 December, 2019

In the wake of current local flavoured milk wars, let’s take a moment to remember a simpler time in South...

UniSA mature-aged student puts hand up again

28 May, 2018

28 May, 2018

eaking: 12 students from UniSA’s Magill campus are believed to have spent the last seven hours locked in a tutorial room after their course’s resident mature-aged student began raising her hand to quiz her tutor on a raft of trivial questions.

Guy who hasn’t been to the Casino in 15 years can’t wait to play that horse racing game again

20 January, 2020

20 January, 2020

It’s been nearly fifteen years since Whyalla man Mitch Brokeslad has ventured on down to Adelaide, but an invitation to...

Gawler line passenger set for great day after altercation-free commute

17 October, 2018

17 October, 2018

Startling footage has emerged from a security camera on-board an Adelaide-bound Gawler train this morning showing an entirely incident-free trip....

MPs really confused around sudden interest in their ICA Competition

4 September, 2020

4 September, 2020

South Australian MPs have remained tight lipped around a current ICAC (Indoor Cricket Association Competition) investigation. Not because they have...

Rundle Mall spruiker seamlessly weaves passing chat into sales pitch

10 September, 2019

10 September, 2019

Rundle Mall spruiker Frank Ratta has once again shown why he was awarded ‘SA’s Most Tolerated Spruiker’ eleven years running....

Man calling a ‘parmi’ a ‘parma’ rightfully run out of town

21 March, 2019

21 March, 2019

Jolkeep Johnton thought that he was masking his innate Victorian-ness well, he would pronounce the word ‘graph’ with an almost...

Big Red Car mag wheels stolen at Elizabeth City Centre

31 October, 2018

31 October, 2018

Disappointed children and slightly relieved parents have arrived at Elizabeth Shopping Centre to find the multi-coloured mag wheels stolen from...

Buffalo replica replica to honour memory of Buffalo replica

30 January, 2019

30 January, 2019

Just hours after it was announced that Glenelg’s landmark Buffalo restaurant would be demolished due to its state of disrepair,...

Comments

Leave a Reply

%d bloggers like this: