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The space will also act as the headquarters of Urmaker Bjerke , with six different entrances for the store’s most well-known brands. The wider redevelopment will see the arrival of standalone stores, a restaurant, a lifestyle conceptstore, and high-quality office space. Bjerke House, set over 2,965 sq.
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.
Harvey Nichols has introduced the world’s first blue-chip non-fungible tokens (NFT) retail conceptspace located inside a luxury departmentstore dubbed ‘HN NFT Vault’ at the retailer’s Pacific Place store in Hong Kong.
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. Departmentstores havent had the best reputation the last few years.
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.
Barker and Stonehouse have teamed up with Fenwick to open its first in-storeconceptspaces in the Fenwick’s Newcastle and Bentalls Kingston departmentstores. The Newcastle conceptstore will span 10,000 square feet while the Bentalls space will be slightly smaller.
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.
With the opening of Ecoya Martin Place, Ecoya now has two DTC retail stores that complement its extensive network of retail partners, including boutiques and florists to big departmentstores like Myer, David Jones and Ballantynes.
Central’s acquisition move is not unusual,” Selvane Mohandas du Ménil, International Association of DepartmentStores managing director, told Inside Retail. Central Group made the headlines again in 2022 after snapping up Selfridges Group, making it the largest luxury departmentstore operator in Europe. What’s next?
Sydney Airport and Heinemann will jointly introduce Australia’s first domestic terminal “departmentstore” concept next July at T2 and T3. Spanning 1765sqm in T2 and 506sqm in T3, the new retail space’s offerings range from apparel, accessories, watches, jewellery, perfumes, and wines to spirits.
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
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. That’s where Litmus comes in.
Showfields made the mistake of over-paying for real estate and then expanding a concept that had rather limited appeal. While Showfields captured a lot of industry attention, it’s always been a concept in search of a strong value proposition. Can Showfields make a comeback?
Battersea Power Station Located in London, UK, Battersea Power Station has transformed a 170,000sqm development in the heart of central London into a community of homes, shops, bars, restaurants, cafes, offices and over 19 acres of public space. In addition, Chadstone offers over 10,000 complimentary car spaces and an optional valet service.
Competition in the retail space is set to become intense: Aeon Meanchey’s launch comes hard on the heels of September’s soft opening of Chip Mong 271 Mega Mall, just over five kilometres to the north, and others are in the pipeline. Cars are accommodated with 3,200 spaces, and motorbikes — the staple of transport for Cambodians — with 1,850.
Finding its home in the iconic departmentstore’s prominent Exhibition Road space, the pop-up will serve as an experiential destination to discover the metamorphosis of Bvlgari’s Serpenti Collection, a unique fine jewellery, watches and accessories offering, alongside an exclusive programme of activities throughout the month.
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.
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.
Spanning eight floors and 71,500 sqft, Johnnie Walker Princes Street is located inside a building, which was formally a traditional departmentstore for almost 100 years. The experiential space also houses two rooftop bars and a terrace overlooking the Edinburgh skyline. .
Brands can take advantage of this trend by developing their own games or integrating gamification elements into their retail storeconcepts. Gamification offers numerous opportunities to increase the experience in storeconcepts and to address younger target groups in particular. Credits: Louis Vuitton. Credits: Burberry.
Luxury departmentstore Harvey Nichols recently announced the opening of the first blue-chip non-fungible token (NFT) retail space at its Pacific Place Hong Kong store. The new retail space caters to first time buyers and NFT experts, with prices ranging from HK$5,000 ($850 AUD) to over HK$1,000,000 ($170,000 AUD).
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.
Retail environments were already evolving to become more engaging spaces when Covid-19 hit, but the pandemic has underlined just how important the social experience is to us. 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.
Fabrica X, the experiential conceptstore launched last year by The Mills Fabrica in Hong Kong, has kicked off a new campaign celebrating innovation in biomaterials. These and other insights are on display in the Fabrica X space in Hong Kong.
The brand commands premium prices for its designer eyepieces and is renowned for its stores, most of which resemble contemporary art galleries more than retail spaces. So, in late 2020, the Documents concept was born, and eight months later, the first store opened in Shanghai. “We
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
Arte Museum will occupy approximately 4,750sqm of space that was vacated by Arclight Cinemas when it closed in 2020. 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.
First up is our interview with Matt Newell and Danny Lattouf from The General Store about the storeconcepts and technologies that are on the rise in the US and which ones are most likely to appear in Australia next year.
The newlyopened Pan Am flagship store is among them, introducing a design concept adopting the regional characteristics of Seongsu-dong. A blue cylindrical tunnel featuring on the store’s facade is a doorway leading customers to the retail space.
Major departmentstore, tick. 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. This concept of stepped forms equally informs a unique facade language externally. Global fast-fashion retailer, tick.
Amid an evolving retail landscape, Bullring & Grand Central has continued to attract household names as well as young, cool digitally native brands, while repurposing legacy space with innovative new concepts including entertainment.
After starting as a DTC-only brand, Emma Lewisham is now available in over 200 stores, including Space NK, Harrods, Goop and Net-a-Porter, with recommended retail price sales globally for the year ending March 2024 totaling NZ$13 million. Inside Retail : How did you come up with the concept for your brand?
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. What is Sheet Society doing in that space?
More and more people are just entering stores to feel the fabric, try the item and purchasing them online. So, how can a retail space be called successful in given so many factors? Although we add curious elements throughout our designed spaces, functionality, and aesthetic purpose are at the core of our designs.”
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. Charity Super.Mkt will bring together a curated collection of pre-loved fashion and accessories, including vintage denim, sports- and streetwear.
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.
Set to launch in July 2023 – after the opening of the new luxury precinct at terminal one (T1) – Heinemann is pioneering the departmentstoreconcept inside domestic terminal two (T2) and three (T3), with the retail mix curated to reflect each terminal’s passenger base. Proof of concept.
French shoe brand Nodaleto has chosen Miami as the location of its first US store, which New York studio Rafael de Cárdenas designed with sci-fi-influenced red and chrome interiors. The shop opened in Miami Design District during the city's art week earlier this month, starting a two-year lease in the 1,000-square-metre space (10,764 feet).
CBRE Global Investors has today announced that sustainability-focused departmentstore, Know the Origin, has opened its latest pop-up and first zero-waste store at community-led retail and leisure destination, Angel Central.
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. The eat-shop-play moniker is not a bad descriptor.
The viability of the two iconic departmentstore chains, Myer and David Jones, has been seriously analysed and debated since a merger proposal by Myer was revealed in 2014. The financial collapse of traditional US and UK departmentstores and the impact of the pandemic has increased industry scrutiny on Myer and David Jones.
Since Battersea Power Station reopened less than two years ago, major retailers have flocked to open innovative retail spaces and concepts. The M&S store I visited was renovated in June, extending the food department on one side by 30 per cent and decreasing the size of the apparel section on the other.
This requires allocating shelf and storage space and increased wages to manage the stock, exacerbating how bad excess inventory or deadstock is for business. Good360 Australia is the largest charity digital marketplace in Australia and exists to service retailers by solving a costly industry-wide problem whilst creating social impact.
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