Inside Retail

NOVEMBER 27, 2024

This year, David Jones has expanded its Black Friday offering in a number of ways, upping the number of offers from last year to over 400 and going beyond discounting alone to promote exclusive offerings from brands only available at the department store. It also provided customers with more time to shop these deals.

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Retail Focus

SEPTEMBER 15, 2021

The huge increase in online shopping over the past decade or so has had a major impact on department stores, with many consumers turning to Amazon, eBay and other online shops for shopping, rather than a more traditional trip out to a physical store. Changing culture of shopping.

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Inside Retail

JULY 23, 2024

The long-anticipated deal between Saks Fifth Avenue and Neiman Marcus could create the ultimate department store behemoth at a time when legacy players are facing increased competition from luxury e-commerce companies and a new generation of high-end brands blending premium products with immersive experiences. billion deal.

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Inside Retail

FEBRUARY 13, 2025

Australias department stores are at a crossroads. Competition has never been more fierce and while data from the Australian Bureau of Statistics showed an uptick in department-store sales in November, this is likely temporary with earlier months showing stagnation or decline. So how did we get here?

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Inside Retail

NOVEMBER 4, 2024

Nick Gray, retail and brand specialist and founder of I Got You Consultancy told Inside Retail that while there’s been a noticeable shift towards online shopping, “in luxury, customers still treasure the in-store experience — the emotional and tactile elements are absolutely crucial”.

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Inside Retail

OCTOBER 29, 2024

If approved by shareholders, it will create a leading retail group with more than 780 stores across Australia and New Zealand, with a large and highly engaged customer base and capital to fund future investment and growth,” she added.

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Inside Retail

SEPTEMBER 12, 2023

According to Bastion Insights, a strategy consultancy specialising in cross-cultural insights, luxury Australian retailers have – by and large – struggled to effectively engage with local consumers of South Asian or Mainland Chinese descent.

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Inside Retail

OCTOBER 20, 2024

If a brand is not performing, then it is replaced by a brand with which consumers are more likely to engage. By offering consumers a limited array of enticing products and an engaging experience with a personal shopper, Mytheresa is ticking an item off the time-strapped high-income earner’s to-do list.

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Inside Retail

FEBRUARY 8, 2024

Myer currently operates 56 department stores across Australia, as well as its online business and in-house brands including Sass and Bide, Marcs and David Lawrence. per cent increase is a case of under-promising and over-delivering, the department store CEO is taking the win as a sign of more growth to come. “We

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Inside Retail

SEPTEMBER 20, 2024

Myer’s executive chair Olivia Wirth gave her first full-year earnings report to investors on Friday since officially stepping into the top job at the department store chain on June 4. Our [e-commerce] strategy is live and has been improving for some time. IR : Myer has come away from heavily relying on discounting strategies.

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Inside Retail

JUNE 30, 2021

From using non-toxic paint in stores to digitising documents to avoid paper waste, more businesses are taking steps to make their physical operations more sustainable. That includes the Japanese department store chain Takashimaya. Takashimaya opened its first store in Kyoto, Japan, in 1831, selling gofuku (formal kimono).

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Inside Retail

FEBRUARY 17, 2025

In the future, the technology edge could be decisive when it comes to customer engagement and loyalty. Hyundai Department Store (Korea) Hyundai incorporates new digital technologies such as AI to enhance operational efficiency and customer convenience, including the industrys first AI copywriting system called Lewis.

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Inside Retail

JUNE 12, 2024

Laurent Boidevezi, the Apac president of luxury liquor group Moet Hennessy kicked off the day by outlining the company’s plans to expand on building its maison’s direct retail spaces as it looks to boost engagement with new generations of end customers. And that follows a fundamental mantra for the group. “We

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Inside Retail

JULY 18, 2024

However, it is possible to do it – A Bathing Ape has regained momentum and Stussy is on fire despite the founders having long departed. EssilorLuxottica cannot be greedy, this process has to be a long-term strategy,” he added. Is EssilorLuxottica a better fit? per cent of the luxury eyewear market.

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Inside Retail

JANUARY 23, 2025

After forging a successful corporate career as a strategy and marketing executive for Japanese tech company Brother International, Lewisham was inspired to reflect on the potentially harmful ingredients in the skincare she was using after a series of personal events. Its not the big things, it’s the little things.

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Inside Retail

APRIL 29, 2021

They are now so big and so powerful that Amazon is the default,” Nathan Bush, director of e-commerce strategy at eSuite, told Inside Retail. “Many domestic retailers were not strong on digital, especially department stores which offer similar home product ranges,” she told Inside Retail. . Amazon’s Achilles’ heel.

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Inside Retail

AUGUST 20, 2024

Once considered a lost cause, the business has gone from strength to strength since embracing a ‘lowest price’ strategy following its acquisition by Wesfarmers in 2007. We have gone in as the brand that sits underneath Zellers, so the go-to-market strategy has been to leverage the Zellers brand. That’s something we’re working on.

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Inside Retail

NOVEMBER 8, 2022

per cent) and department stores (down 0.4 Aussie consumers appear to be still spending those cash reserves built up over the Covid years, engaging in some sort of short-term gratification, turning to retail therapy to deal with the news of impending crises. . per cent bump. per cent bump.

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Retail Bound

DECEMBER 2, 2024

This post will explore the top 4 shopping events of Q4— Black Friday , Cyber Monday , Small Business Saturday , and Super Saturday —and provide actionable strategies for how product manufacturers can prepare and capitalize on these high-intensity sales days. Shoppers value speed, usability, and secure transactions from e-commerce platforms.

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Inside Retail

OCTOBER 24, 2024

Even through Meta’s adjustment to a “pay-to-play model”, SIR has maintained a close relationship with its loyal customers with its considered but still creative social media strategy.

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Inside Retail

SEPTEMBER 19, 2022

Customer expectations of engagement and experience in retail are changing equally quickly. Not that long ago, walking into a carefully organised grocery market, hearing a pianist perform in the centre of a high-end department store, or having a retail associate help guide you represented a good retail customer experience.

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Inside Retail

FEBRUARY 26, 2024

Just this week, American department store chain Nordstrom announced a unique collaboration with the British fashion brand Paul Smith. The founder of the eponymous brand highlighted another similarity between his business and the department store chain. “I The brand can also gain experience with retail operations. “The

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Inside Retail

APRIL 25, 2022

Luxury department store Harvey Nichols recently announced the opening of the first blue-chip non-fungible token (NFT) retail space at its Pacific Place Hong Kong store. Physical stores are seeking to understand their place in the digital economy and align with this cultural phenomenon.

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Inside Retail

MARCH 21, 2024

New luxury shoppers – young Millennials, Gen Z and Gen Alpha, who will represent more than three quarters of luxury sales by the end of the decade – engage in conscious consumerism. They expect the brands they engage with to express their values of environmental sustainability and social responsibility.

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Retail Focus

JULY 24, 2024

Pop-up retail has emerged as a dynamic and innovative approach to marketing and brand engagement in recent years. These spaces are meticulously crafted to transport visitors into a brand’s world, offering a multi-sensory experience that engages sight, sound, touch, and sometimes even taste and smell. Ghalia BOUSTANI.

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Inside Retail

JANUARY 10, 2024

The world’s largest retailer shared expansive plans for the future of retail at the recent Consumer Electronics Show (CES 2024), focusing on adaptive retail strategies that encompass realms of customers, workforce and society. Embracing AI Walmart’s goal is to make shopping experiences effortless, engaging and personalised.

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Inside Retail

FEBRUARY 6, 2024

Marketplaces wield significant influence, with 46 per cent of shoppers using them to discover products and 37 per cent engaging with sponsored products while on these platforms. Looking ahead to this year, Amazon and Ebay top the list of marketplace strategies, followed by Temu and Shein.

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Retail Focus

OCTOBER 10, 2023

Pop-up stores can be a valuable tool but must align with a brand’s overall strategy and relevance to the local market. 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.

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Inside Retail

APRIL 8, 2024

In fact, every organisation I have ever worked with on their innovation and growth strategy, and virtually every senior leader I have ever advised, didn’t just say they want to change – they insist they have no choice. Bailing doesn’t fix the hole Let’s look at the troubled department store sector. Bailing doesn’t fix the hole.

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Inside Retail

FEBRUARY 19, 2024

Spearheading this move are two flagship stores nestled in prime locations: one at the prestigious Shin Kong Mitsukoshi department store in Taipei’s vibrant Xinyi Xintiandi district, and the other at the iconic Dubai Mall. Its location in Taipei was designed after careful consideration of Shin Kong Mitsukoshi A8 shoppers.

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Inside Retail

MARCH 26, 2024

You see between that and our inevitable cookie-less future is about to make things a lot harder, so you need to get skilled up about how your approach, implement and evolve your personalisation strategies. The essence of personalisation Picture a scenario, you’re in a department store. Try navigating that minefield alone.

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Inside Retail

MAY 28, 2024

The brand also aims to strengthen its position in core geographic markets (Europe, China and the US), while increasing its loyalty to consumers, enhancing its customer experience, loyalty programs, dedicated BIP strategy and omnichannel tools. “We Final thoughts Grenade is leaning towards a flagship strategy in key cities.

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Inside Retail

DECEMBER 10, 2024

Retailers are using AI algorithms to analyse vast amounts of data, enabling them to better understand consumer preferences, predict demand, and optimise pricing strategies. Imagine walking into a store and being greeted by a digital assistant that knows your size, style preferences and recent purchases.

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Inside Retail

SEPTEMBER 25, 2023

Rajesh Grover, group vice president of digital and omnichannel, believes the common point across all industries these days is the rapid digital transformation and adoption of omnichannel strategies to meet customers at various touch points. “My High performance teams need to feel motivated, and recognition plays a critical part.

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Inside Retail

AUGUST 8, 2024

A couple of months ago I went to the Shinsegae Department Store, one of the absolute top locations in Seoul, and the quite small The Row store was one of the busiest in the whole building.” Gifting during this time is important, especially the splurging kind.” “Art collaborations also resonate well in this market.

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Inside Retail

OCTOBER 16, 2023

Without a political solution, it is now up to the companies themselves to pursue strategies to address entrenched disadvantage in Australia’s 3.8 per cent Indigenous population, corporate leaders and political researchers said.

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Inside Retail

MAY 21, 2024

“I thought we were well-known when I opened the [pop-up] store. Going into] a department store was a powerful move for us,” Woods recalled. Currently, the brand is prioritising investing in technology throughout its whole supply chain, as opposed to further building out its store network. “Our

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