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Experts discuss Printemps’ chance of success in the US retail market

Inside Retail

A year after the French luxury department store originally announced it would be launching its first US location, Printemps is officially opening a brick-and-mortar store in the heart of New York Citys financial district on March 21. Department stores havent had the best reputation the last few years.

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Saks Fifth Avenue teams with Reliance Retail to enter India amid luxury boom

Inside Retail

Indian retail conglomerate Reliance Industries Limited has signed a franchise agreement with American luxury department store 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.

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Central Group snaps up KaDeWe’s remaining assets. What’s next?

Inside Retail

Central’s acquisition move is not unusual,” Selvane Mohandas du Ménil, International Association of Department Stores managing director, told Inside Retail. Central Group made the headlines again in 2022 after snapping up Selfridges Group, making it the largest luxury department store operator in Europe.

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From mini stores to the metaverse, will Macy’s new moves pay off?

Inside Retail

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 department store chain truly adapt to the needs of the modern-day consumer?

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The “Great Mall Resurgence” in the American retail market

Inside Retail

The mall concept as we know it began in 1956 with the opening of the Southdale Center in Edina, Minnesota. The multi-store shopping centre steadily grew in popularity in the US, hitting peak popularity in the 1980s. In the past, the big department stores were the main attractions. That is less so today.

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Marimekko, Moleskine, Lojel: Three new concept stores open in Thailand

Inside Retail

Most recently, on September 10, Finnish lifestyle brand Marimekko opened ‘ Marimekko Concept Store’ on the mall’s ground floor. Is Marimekko Concept Store really a concept store? It has been open for more than two years and is a clearly distinct retail concept leveraging the Marimekko brand.

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Decoding the global trends shaping the future of retail

Inside Retail

Where things get a little more complicated is through the introduction of in-store technology that changes (and hopefully enhances) the in-store experience, to become truly frictionless. For example, while the Amazon Go (just walk out) concept may have passed its useful life, that doesnt mean the concept of frictionless retail is dead.