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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. As data collected from Place.ai, a location analytics company, verified, by 2023 visits to the wider shopping centre industry were 2.3 What should retailers keep in mind regarding the “Great Mall Resurgence”?

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

Inside Retail

It also suggests that they massively invest in iconic department stores whenever this is possible, and opportunities in Europe are not that many: Spain is a closed market and France is complicated as there are no obvious potential candidates.” According to GlobalData, the Europe luxury retail market size was US$109.8

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Why Sephora’s French prestige failed to translate in South Korea

Inside Retail

So, it came as a surprise to some when the LVMH-owned retailer announced on its Korean social media accounts that it would be gradually terminating all its operations in South Korea, including its app, online store, and physical stores, beginning May 6. billion in 2022, making the country one of the top 10 beauty markets in the world.

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

Inside Retail

The retailer has been testing out this smaller store format, initially dubbed Market by Macy’s, though it is slowly being phased back to Macy’s, for around for four years to a fairly positive outcome. In August, Macy’s announced that its second quarter net sales fell by 8.4 per cent year-over-year to US$5.1

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Ready for takeoff: How Tumi is tapping into airport stores and travel trends

Inside Retail

The story so far “The travel retail market in Asia-Pacific and the Middle East has been steadily growing in the post-Covid era. Global demand for travel is continuing to rise, as evidenced by the increasing flight capacity of airlines compared to last year,” Maroulis told Inside Retail.

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Why so many global brands fail in Australia

Inside Retail

They arrived with great fanfare but many international retail brands have found the Australian retail market has been a graveyard. Even prime locations, local partners, name recognition and often a portfolio of new merchandise brands haven’t kept Australia from becoming a dead end for some major international retailers.

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FASHION HOUSE opens €25m outlet centre in Bucharest

Retail Focus

With an open-air gallery, FASHION HOUSE Pallady features a design concept inspired by Bucharest’s Belle Époque architecture with bohemian streets for customers to enjoy shopping and natural sunlight. The first outlet centre, which opened over 12 years ago in 2008, is located on the western side of Bucharest, in Militari.

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