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The wider redevelopment will see the arrival of standalone stores, a restaurant, a lifestyle conceptstore, and high-quality office space. The store forms a key part of Promenaden Management’s extensive revamp of Oslo’s Eger shopping gallery, which was originally built in the 1850s.
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.
On Friday, The Wall Street Journal reported that online retail giant Amazon is looking to open large bricks-and-mortar stores in the US to sell clothing, homewares, electronics and other products, much like a departmentstore. And it would come at a time when some long-running departmentstores are closing up shop.
Why would the owners of Selfridges, generally considered to be the world’s best departmentstore, decide to sell the business? To a far greater extent than most other departmentstores, Selfridges has embraced an experiential retail strategy that many industry leaders see as key to the sector’s survival. billion (AU$3.72
A year after the French luxury departmentstore 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. Unlike its other locations, the Printemps New York store will not have shop-in-shops.
The retail industry in Malaysia has struggled during Covid, but shopping centre Pavilion in Kuala Lumpur has continued to find a way to reach consumers. It’s encouraging to observe similar trends in countries like China, where trends such as “revenge shopping” are aiding the country’s speedy economic recovery.
Following the €1 billion acquisition of the KaDeWe property in Berlin’s most famous shopping street Tauentzienstraße, from Signa Prime Selection AG last April, Central Group has agreed to acquire the rest of the KaDeWe Group portfolio – Alsterhaus in Hamburg and Oberpollinger in Munich. What’s next?
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.
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.
Major departmentstore, tick. We’ve all encountered those shopping centres that look and feel the same, no matter where you are in the world. Platform is the antithesis of a cookie-cutter shopping centre – indeed, it acts as a platform for independent brands to thrive. Global fast-fashion retailer, tick. Cinema, tick.
With new applications on the horizon, AI is set to play an ever growing role in improving not only customer experience, but also store efficiency and operations. Whether it’s a small boutique or a major departmentstore chain, all businesses can harness the potential of this powerful technology.
Nike is to open its latest retail concept, Nike Unite, at Blanchardstown Centre, Ireland’s largest retail and leisure destination. It will be Ireland’s first Nike Unite store, growing the brand’s presence from its two existing Nike Factory Stores in Dublin and Kildare. Nike Unite will open in Spring 2023.
The retailer used RetailNext’s software-as-a-service (SaaS) platform to measure consumers’ shopping journeys through the store anonymously, gathering data such as sales figures, traffic figures, customers’ gender and more. Can Showfields make a comeback?
Shopping is about more than just a transaction, as evidenced by our inaugural global feature on the ‘Most desirable shopping precincts’. Home to Apple’s London Campus, a 2229sqm food hall and a glass chimney lift, Battersea Power Station also has housing and hundreds of shops located in its historic turbine halls.
Real estate investment trusts like Simon usually prefer to emphasise not net income, but rather a non-GAAP concept, funds from operations (FFO), which grew by a more anaemic 1.1 One of the key issues facing Simon and other mall operators is that they are still joined at the hip to departmentstore anchors. per cent, to US$451.8
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?
The brand has grown to have a presence in 80 countries through a distribution network encompassing 1200 points of sale across stand-alone stores, franchises, departmentstores, multi-brand leather goods stores, travel retail and e-commerce websites.
Phnom Penh’s reputation as an up-and-coming retail hub took another stride forward on Thursday, 15 December, when Japanese retail and shopping centre giant Aeon staged a soft opening for its third mall in the Cambodian capital , in the southern district of Meanchey. The mall, on a 1.74 The edutainment mall.
The retail brand traces its history back to 1673 and a kimono fabric seller named Echigoya, while the departmentstore was established in 1904. The first floor of Nihombashi Mitsukoshi Main Store has been refurbished. The art deco elements are a nod to the departmentstore's history.
In late 2023, Salesforce reported that 59 per cent of consumers had shopped on social media, a massive jump from 15 per cent in 2021. In the US alone, TikTok shop garnered 1.1 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.
Most recently, on September 10, Finnish lifestyle brand Marimekko opened ‘ Marimekko ConceptStore’ on the mall’s ground floor. Is Marimekko ConceptStore really a conceptstore? It has been open for more than two years and is a clearly distinct retail concept leveraging the Marimekko brand.
While the everyday consumer has become pri c e-sensitive with the growing costs of living in the US, the 1 per cent is still spending – to a point where the luxury shopping market has become more competitive than ever. The retail expert noted that “for discretionary luxury shopping in physical retail, this is paramount”.
Thai retail conglomerate Central Retail opened the doors to its second eat-shop-play lifestyle centre on the Thai island of Phuket on 6 October. 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.
Macy’s (New York) has announced plans to open 45 Backstage shop-in-shops in select Macy’s locations in 10 different states this year, according to Retail Dive. Its final target is 270 Backstage shop-in-shops nationwide. Macy’s Backstage concept was initially unveiled in 2015.
Housed in the world’s most famous departmentstore, the space will provide an immersive customer experience, as retailers reopen their doors following months in lockdown. Within Selfridges , Roper and Diagon have created a captivating space to reflect the ethos and core values of Pangaia.
IGA will open a new conceptstore at Quay Quarter in Sydney CBD on October 15, allowing office workers, locals, and tourists to stop by for a quick meal or a full grocery shopping experience. ” The new store will be located at the Market Hall on Retail Level 2 of Quay Quarter on 50 Bridge Street. .
But for retail stores and shopping centres re-imagining the spaces they provide, just as important is the need to get construction projects right the first time. The contractor works alongside the design team to ensure that the concept design – the basis of the tender – can be efficiently delivered in a construction sense.
Selfridges, the iconic British departmentstore, is ushering in a new era of sustainable retail with its ambitious plan to ensure 45% of transactions come from circular products and services by 2030. A key feature of the season is The Edit by Reselfridges, a fashion and lifestyle destination offering a unique way to shop secondhand.
New conceptstores, wholesale distribution and an online shopping site are set to roll out early next year. . It also plans to launch a local online shopping site. PAS Group has signed an exclusive agreement with Italy’s Fashion Box Group to relaunch the denim brand Replay in Australia and New Zealand.
The ‘secret sauce’ for Sheet Society is bringing the look, feel and shopping experience of clothes fashion to manchester and bedding. Between that novel concept and the turbocharge that Covid-19 gave to e-commerce, the start-up has swiftly become a mid-sized force. HW: Traditionally, we shopped for sheets in departmentstores.
Peel has announced that Charity Super.Mkt, the UK’s first-ever multi-charity shop, is set to open its next pop-up at premier southwest urban outlet Gloucester Quays. The 4,000 sq ft store will launch at the outlet on March 14 th , introducing its popular ‘second-hand departmentstore’ concept to a key entrance off High Orchard Street.
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 Group is one of the ‘big three’ Thai retailers and shopping centre developers/operators. billion (AU$3.72
Investment in Window Conception and Development & The Impact on Retailer’s Revenues Annual Budget Allocation for Christmas Windows A substantial financial commitment lies behind the enchanting scenes. Christmas windows, acting as the gateway to the store, set the stage for a memorable shopping journey.
Trainers injected with magnets climb the walls and polystyrene ceiling tiles line the floor of Axel Arigato 's "upside-down" office-themed sneaker pop-up in London's Selfridges departmentstore. The Axel Arigato shop-in-shop is located in Selfridges. Metal lines the walls of the shop-in-shop.
The space is the upper level of a three-level empty box, the two levels below having been left by upscale departmentstore Bloomingdales , which closed in March 2021. That’s partly because of genuine enthusiasm for the concept that they hope will attract upward of a million visitors a year.
In partnership with the airport, high-end retailer Heinemann is set to launch a new shopping precinct in 2023 with a range of services that will target travellers and non-travellers alike. Heinemann Australia managing director George Tsoukalas told Inside Retail that the domestic departmentstore is not constrained to targeting travellers.
“The role of the store is going to change very fast in the near future. Just from witnessing the return of physical stores and the response from our customers, it’s become more obvious that they love to shop in person – seeing, touching and having a genuinely engaging experience with the store,” Staton said.
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.
The psychologist and author of the bestseller Why We Buy: The Science Of Shopping , will shed light on the evolution of consumer habits in our post- pandemic world. This will be followed by a keynote given by Paco Underhill, Strategic Advisor at Envirosell Global.
Our first lookbook of 2023 collects 10 pop-up shop interiors from around the world, from a swimming-pool-style store by fashion brand Jacquemus to a playful supermarket stocked with groceries made of felt. Showcasing a variety of material and colour palettes, here are 10 pop-up shops featured on Dezeen. Photo by Gray Hamner.
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. Each season has concepts, our own inspiration, our own view, and our observation of society nowadays.
It’s official: Amazon is opening a physical clothing store. The e-commerce pioneer shared details of its new bricks-and-mortar concept, called Amazon Style, in a company blog post last week. Amazon Style claims to be a “new way” to shop and discover fashion. How Amazon Style works.
The retail and tech punditry were abuzz following a recent report from The Wall Street Journal (subscription required) spelling out what Amazon (Seattle) has planned for its departmentstores, the e-commerce giant’s latest foray into brick and mortar. The stores could open next year and are likely to debut in Ohio and California.
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