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Amazon.com is to open several departmentstores in its home US market to test the concept as it continues to build out its multichannel business model. Departmentstores’ share of the overall US market has fallen from 14.5 It is also testing automated, cashier-less convenience stores in several markets.
Indian retail conglomerate Reliance Industries Limited has signed a franchise agreement with American luxury departmentstore Saks Fifth Avenue to expand its luxury retail portfolio through its subsidiary Reliance Retail, the company said in its third-quarter financial report last week. per cent expansion. per cent by 2028.
A-COLD-WALL* has announced the launch of a second Seoul conceptstore-in-store this month. Following the opening of a bold and distinctly industrial space inside the world-renowned Hyundai COEX, the brand unveils yet another site in the Korean capital, this time located in the famed Lotte DepartmentStore, Jamsil.
Shinsegae — one of the Big 3 of Korean departmentstore retailing along with Lotte and Hyundai — has continued its great form right through into the second half of the year, helped by the removal of the country’s remaining pandemic restrictions and an increasingly buoyant mood among the country’s more affluent consumers.
Sydney Airport and Heinemann will jointly introduce Australia’s first domestic terminal “departmentstore” concept next July at T2 and T3. In addition to its international duty-free stores, the domestic terminal shops also include delivery and click-and-collect services.
The store will feature RM Williams’ new retail design concept, which it introduced at its Sydney flagship last year. It will also offer new-season boots, apparel, and accessories, a Marine Blue Comfort Craftsman exclusive to the store, and the brand’s largest women’s offering in the UK.
Charity Super.Mkt, the ‘departmentstore for second-hand style’ launched earlier this year by Maria Chenoweth and Wayne Hemingway, will open at Bluewater this week. The Charity Super.Mkt concept has proved hugely popular with shoppers thanks to its curated collections of second-hand fashion.
Macy’s has been stepping up to the plate with a series of new moves, from the expansion of its smaller-footprint stores, to a new digital fashion platform targeting younger shoppers. But while these initiatives sound promising, the question remains: can the departmentstore chain truly adapt to the needs of the modern-day consumer?
Litmus Retail Group has partnered with Myer on a physical showroom concept that will enable the departmentstore to display big and bulky products, such as treadmills, e-scooters and stand-up desks, and track how consumers are engaging with them to inform future buying decisions.
In the UK, the business is already sold through a number of departmentstores and third-party retailers, but Seafolly’s new website will allow customers to buy directly from the brand. With strong performance across Singapore, Seafolly is assessing further expansion opportunities within APAC.
The consumer-driven experience includes the original control rooms having been fully restored and transformed into an events space and an all-day bar concept, with its original dials and controls on display,” she added. Vulic calls it a lifestyle destination and “one of the best examples of adaptive reuse”.
Vincom tries to cover itself with four tailored formats: Vincom Center, which is designed for high-density locations; Vincom Mega Mall, a retail/entertainment concept averaging about 110,000sqm of gross floor area (GFA); and Vincom+ and Vincom Plaza, two formats that are oriented toward smaller provincial cities.
ECI means the building contractor is engaged much earlier in the development of a new retail project, whether it’s a major new sub-regional asset, centre expansion, store refurbishment, precinct upgrade, a stand-alone store, or even a single shop fit out. ECI was the key to success at Neeta City in Sydney.
So, in late 2020, the Documents concept was born, and eight months later, the first store opened in Shanghai. “We We need them to step in our store, touch, feel, and hear – all the things the senses do,” he said. “We Each season has concepts, our own inspiration, our own view, and our observation of society nowadays.
Mango, one of Europe’s leading fashion groups, is accelerating its expansion in the United Kingdom with the opening of three new stores this autumn to bring the total to almost 50 by 2022, combining its physical presence in shopping centres with standalone stores and corners in departmentstores.
A recent Myer trading update will have analysts and investors thinking long and carefully about the bold proposal by the departmentstore for a merger with Premier Investments. The review of the Myer departmentstore business and Myer Specialty Brands was initiated by John King, who retired as CEO in June.
The Westons are said to be seeking £4 billion for their European departmentstore assets, including Selfridges’ four stores in the UK, Brown Thomas and Arnotts in Ireland, and De Bijenkorf in the Netherlands. Central’s superregional malls and departmentstores are ubiquitous in Thailand. billion (AU$3.72
Between that novel concept and the turbocharge that Covid-19 gave to e-commerce, the start-up has swiftly become a mid-sized force. We envisioned a label in which shoppers could ‘see’ what they were buying properly, rather than touring packets of folded linen in departmentstores.
As high-end retailers seek to capture and hold onto the 1 per cent shopper’s attention, Saks Fifth Avenue is ramping up its personalised shopping concept, Fifth Avenue Club. What are the factors behind the Fifth Avenue Club’s rapid expansion?
Inside Retail : How did you come up with the concept for your brand? It felt very real when we got our first major international departmentstore when the business was six months old. The Credo partnership signals a strategic step forward in our expansion within the US retail market.
Eye on the prize With a solid presence outside of Asia and a network of five physical stores in Hong Kong, Azoulay felt it was a logical step to continue the brand’s expansion into Mainland China. The biggest challenge has been finding local partners to help the brand achieve its goals of global expansion, he said.
Major departmentstore, tick. The compression and expansion of its various laneways and squares conjures intrigue and discovery. Store formats vary in size, shape and identity, whereby guidelines seem relaxed and autonomous, in turn creating a sense of individuality amongst its buildings and retailers. Cinema, tick.
The company’s latest business update for the Stock Exchange of Thailand states that The Chalong mall has 17,000sqm of net leasable area, and is anchored by an 8,000sqm Robinson departmentstore. Central has now opened 28 of the popular lifestyle centre concepts in Thailand. And finally, there is the obligatory food court.
Founded amidst the opulent settings of Marrakech’s Dar el Bacha palace in 1910, this Moroccan coffee brand has recently made waves with its ambitious expansion into new territories. The latest chapter in Bacha Coffee’s saga unfolded with the announcement of its inaugural ventures into Taiwan and the United Arab Emirates.
Australian fashion label SIR is about to celebrate a decade in business and as its tenth birthday approaches its co-founders and creative directors, Nikki Campbell and Sophie Coote, are reflecting on the brand’s DNA as it moves into an era of expansion. “As
These include Nike, which will debut its new Nike Unite conceptstore later this year, and UK luxury fashion retailer, FLANNELS , which recently opened its 45,000 sq ft departmentstore – the first in the country. The addition of Bershka and ZARA follows several other signings at the centre over the last few months.
US-based apparel chain Old Navy is reportedly exploring a possible expansion to India. Featuring the brand’s NextGen storeconcept, the space was designed to redefine the Indian shopping experience. The departmentstore will complement the mall’s current offering of young, exciting designer brands across multiple categories.
Japanese retailer Muji unveiled its largest flagship store in Southeast Asia, with the recent reopening of Muji Plaza Singapura in the heart of Singapore, following a transformative makeover. But it’s not just about size; Muji Plaza Singapura has introduced innovative concepts that redefine the shopping experience.
Shepard cited the example of Selfridges, a luxury departmentstore chain in the UK, and its approach to a genderless shopping experience dubbed “The Concept Space”. I think part of being a founder is deciding what fires you’re going to let burn and what things you are going to focus on.
This technology has the potential to revolutionise online shopping, making it feel as engaging as visiting a physical store. Imagine putting on a VR headset and walking through a departmentstore, interacting with products and making purchases all from the comfort of your home.
Luxury retailers established hard shops around the atrium, making the ground floor a combination of luxury mall and departmentstore aesthetics. In homage to Wyman, the store café is called Café Lance. Each department has its own design concept with a common element pulling it all together.
In an exclusive interview with Inside Retail , global CEO Pierre Arnaud Grenade discussed the brand’s expansion plans. After strong development in Asia, we decided to open our first new conceptstore in 2024 in Hong Kong. French womenswear brand BA&SH recently re-opened its Asia flagship shop in Hong Kong’s IFC mall.
The essence of personalisation Picture a scenario, you’re in a departmentstore. Marketers everywhere are talking about it. I will cover the what, when, where, and how of personalisation, without spiralling into the black hole of digital jargon, promise!
Luxury departmentstore Lane Crawford was launched in 1850, and has stores across Hong Kong and mainland China. The luxury market invested with new brand and pop-up concepts, driving all merchandise in China. So that customer was extremely spoiled and we saw incredible growth in those years,” she said.
The Evolution of Retail Formats The history of retail formats can be traced back to the late 1800s when single-product stores dominated the townscape. However, the emergence of departmentstores revolutionized the retail landscape by offering diverse products and brands under one roof.
It allows us to develop additional capabilities in key areas such as brand building, digital development and operational excellence or gain from state-of-the-art infrastructural support for our international expansion. Around 2007, however, we started seeing more and more “niche” fragrance brands being launched and entering departmentstores.
They think, ‘Oh, I’ll just go to a departmentstore.’ ’ Robin McGowan: We’ve always done an OK job of getting brand awareness, but there are still a lot of people who haven’t heard about us, or even the concept of getting an affordable, made-to-measure suit online.
Luxury retailers established hard shops around the atrium, making the ground floor a combination of luxury mall and departmentstore aesthetics. In homage to Wyman, the store café is called Café Lance. Each department has its own design concept with a common element pulling it all together.
As retailers are borrowing inspiration from hospitality experiences to create impactful stores that foster connections with shoppers, the retail-hospitality design philosophy has delivered a new wave of remarkable experience-based retail design projects. Let’s look at some of the most inspiring store designs. Images: Studio Stof.
FLANNELS Dublin is set to be the next flagship in the brand’s roll-out of trailblazing flagship stores. Opening in the landmark former Clerys Departmentstore on O’Connell Street, it will be the first to open outside of the UK – demonstrating a key expansion for the next-generation luxury retailer.
In other instances, the ventures’ failures had more to do with retail storeconcepts that simply didn’t work in Australia, poor market research and an attitude that Aussie consumers will buy ‘what we want to sell’ rather than asking what they would want to buy.
New York quickly became the epicenter of burgeoning new retail concepts. Stylish patrons seeking the latest fashions from shirtwaists to wing collars, and the finest of fabrics, flocked to an impressive roster of newly founded departmentstores including The John Wanamaker Store (designed by Daniel H. Hearn & Son, B.
Recently, an expansion was announced for K11 Musea that would significantly expand the space allocated to luxury labels in the LVMH and Richemont portfolios as well as other luxury brands. In Japan this has been the case for a hundred years, with departmentstores sprouting in the early 1900s from their roots as kimono shops.
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