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Department Stores – what does the future hold?

Retail Focus

The huge increase in online shopping over the past decade or so has had a major impact on department stores, with many consumers turning to Amazon, eBay and other online shops for shopping, rather than a more traditional trip out to a physical store. Changing culture of shopping.

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David Jones is the latest department store to embrace resale. Here’s why

Inside Retail

Australian department store David Jones has become the latest retailer to sell pre-owned clothing following the announcement of its partnership with Sydney-based luxury reseller Blue Spinach last week. It also offers second-hand items in its London flagship store through a partnership with online resale platform Vestiaire Collective.

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David Jones reveals plans for WorldPride month

Inside Retail

Premium department store David Jones is set to host a range of in-store festivities and experiences, as part of pride month. Between February 23 and March 5, the retailer’s Bondi and Elizabeth Street stores in Sydney will feature live performances from a diverse dance troupe called Briefs Factory.

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Myer names new execs, hires former Qantas Loyalty bosses

Inside Retail

The department store chain has yet to name the appointees for the newly created roles of GM of merchandise for beauty, accessories and services and GM of merchandise for women’s apparel. Meanwhile, former Cedar Brands CEO Warwick Blunt will assume the newly constructed role of GM for digital commerce at Myer in November.

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Department Store Offers Shoppers a Calming, Biophilic Space

VMS

Originally scheduled for an October 2020 opening, the seventh location for this family-run department store was caught in the middle of the global predicament – to build or not to build, to cancel or push on? The wrong clothes and accessories at the wrong time of year could be the nail in the coffin to an already bad year.

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Tutu Du Monde opens first flagship, in Sydney

Inside Retail

The store offers the brand’s celebrated collections including tutus, dresses, resortwear, and accessories crafted for young fashion enthusiasts. ­­The The company plans to further boost its growth in global markets, as well as launch its first ready-to-wear collection featuring boucle coats, jackets and guipure next year.

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The strengths and weaknesses of Nordstrom’s bid to go private

Inside Retail

Earlier this month, several members of the Nordstrom family, including the company’s CEO Erik Nordstrom and president Pete Nordstrom, offered to acquire the legacy department store chain for US$3.8 The department store division has various structural challenges, while the off-price Rack division is starting to produce some good growth.