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

NOVEMBER 4, 2024

Tough times “We’ve poured everything into it, given it every opportunity and it got to the point where it just couldn’t work,” Ross Poulakis, Harrolds Group’s managing director, told Inside Retail. I had clients tell me they refuse to shop in the city now,” Poulakis said.

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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

NOVEMBER 27, 2024

“This year it feels like Australian retailers have opted for a longer sales period starting their Black Friday promotions weeks before the day,” Locke Fitzpatrick, digital marketing manager at LSKD, told Inside Retail. “We It also provided customers with more time to shop these deals.

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Inside Retail

OCTOBER 29, 2024

If physical stores are meant to be the embodiment of a rag trader’s brand, any absence of identity and vision will be on display for customers alongside the racks of clothing. Today, a physical presence is a brand’s most manageable, tangible, and measurable marketing tool,” Gray reaffirmed.

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Inside Retail

AUGUST 18, 2021

Discount department store The Reject Shop’s full year results tell an interesting story – one of business suffering under the impact of the Covid-19 lockdown, but also one of a strong reset to an ailing business model. Despite this, the Reject Shop turned a profit 643 per cent higher than the year prior, hitting $8.3

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Dezeen

OCTOBER 27, 2021

Architecture studio OMA has revealed images of the first completed part of its renovation of Berlin department store KaDeWe, a retail and event space connected by wood-clad escalators. A shop window will be used for analogue and digital display. The department store is located in Berlin.

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Inside Retail

JANUARY 3, 2023

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 department store chain, all businesses can harness the potential of this powerful technology. Payment systems evolution.

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Inside Retail

SEPTEMBER 1, 2022

Shinsegae — one of the Big 3 of Korean department store 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.

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Inside Retail

JUNE 24, 2024

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?

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Inside Retail

DECEMBER 15, 2022

Sydney Airport and Heinemann will jointly introduce Australia’s first domestic terminal “department store” 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.

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Inside Retail

NOVEMBER 2, 2023

Local governments, planners, place makers, economic development managers, trade associations and retailers work hard to design, improve and revitalise main streets. Our research is the only-known Australian study to ask shoppers about the key elements, and shops and services, they regard as contributing to the ideal main street.

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Inside Retail

OCTOBER 12, 2021

Australian department store David Jones has become the latest retailer to sell pre-owned clothing following the announcement of its partnership with Sydney-based luxury reseller Blue Spinach last week. The post David Jones is the latest department store to embrace resale.

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Inside Retail

OCTOBER 20, 2024

billion last year, retail analyst and GlobalData managing director Neil Saunders told Inside Retail. That’s where we make shopping easy for them.” The brand does this in two ways: its selective curation of products and personal shopping services. The US luxury retail market was worth US$134.6

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Inside Retail

DECEMBER 20, 2022

A fundamental question about the future of David Jones was put to rest this week, after the retailer’s parent company Woolworths Holdings announced the sale of the department store chain to Australian private equity firm Anchorage Capital Partners on Monday. How involved will Anchorage be in the management of David Jones going forward?

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Inside Retail

AUGUST 11, 2022

Department store giant David Jones unveiled the latest Spring/Summer collections this week in its Elizabeth Street flagship in Sydney. The runway featured local and international brands such as Aje, Camilla and Marc, Hugo Boss, P.E. Nation, Carla Zampatti, Matteau, Balmain, Balenciaga and Alexander McQueen.

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Inside Retail

JULY 5, 2021

Australian property group Mirvac is displaying Indigenous art in its shopping centres and office buildings across Australia this NAIDOC Week (July 4 to July 11) as part of a partnership with Boomalli Aboriginal Artists Co-operative. The store has a weighted average lease expiry of 10.5 The department store saw sales fall 13.1

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Inside Retail

OCTOBER 15, 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. Did we execute everything perfectly? But I am very proud of our business model and our investors.

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Inside Retail

JANUARY 23, 2025

I think bringing on 600 or 700 smaller stores only dilutes management focus, he added. In a tough market where department stores are struggling for survival globally, and then you bolt on the old brands of these retail operations? I’m very cautious about [it], Walker said.

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Inside Retail

DECEMBER 11, 2023

Since the retailer’s establishment in 1858, Macy’s has become one of the most well-known department stores in the US, if not the world. billion acquisition offer from an investor group composed of Arkhouse Management and Brigade Capital. Macy’s declined to comment on the offer at the time of this writing.

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Inside Retail

APRIL 21, 2022

Department store David Jones has launched a re-sale clothing initiative called Reloop in partnership with fashion rental company GlamCorner. Through the Reloop initiative, we hope to educate our customers on renting, resale and donation options whilst providing a seamless solution to make climate-conscious shopping easy.

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Inside Retail

AUGUST 7, 2023

Department store Myer says sales and profit are continuing to grow despite the challenging economic environment, with its online business continuing to strengthen. per cent fall in FY23 reflected increased online shopping when physical stores were closed due to Covid-related restrictions during the previous comparable period.

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Inside Retail

FEBRUARY 17, 2025

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 Indeed, Amazon and retail tech companies are now investing in just walk in technologies that may further enhance the shopping experience.

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Inside Retail

JANUARY 21, 2024

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, department stores, multi-brand leather goods stores, travel retail and e-commerce websites.

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Inside Retail

FEBRUARY 5, 2023

Investor and boutique fund manager IP Generation has acquired a 50 per cent stake in WA’s Rockingham Centre for $180 million. The Rockingham Centre has a gross lettable area of 62,204sqm and is anchored by Coles and Woolworths supermarkets along with Ace Cinemas, Kmart, Target and other discount department stores.

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Inside Retail

MARCH 27, 2023

Group chairman Solomon Lew has commended Premier Investment’s strong half year results, attributing standout performances to careful management and execution. per cent on the first half of 2022 – is a common trend across the retail industry, due to the return to in-store shopping.

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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. Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. The report revealed that online sales were $390.1

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Inside Retail

JUNE 12, 2024

While the vast majority of the French-headquartered company’s sales are still wholesaled through department stores and travel retailers, Moet Hennessy is starting to open more of its own stores in airports, stores-in-stores and standalone boutiques, typically located in the luxury precincts of major international cities.

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Inside Retail

SEPTEMBER 12, 2023

Bastion Insights general manager for cross-cultural insights, Isabel Zhang said that cultural knowledge was key for brands in authentically engaging with Asian Australian communities. Bastion Insights client coordinator Vedant Bhusari noted that department stores Myer and David Jones are considered by many to be operating in luxury retail.

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Inside Retail

JULY 5, 2021

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. ECI is the most effective way for construction contractors to help their clients manage their costs, establish accurate delivery timeframes and de-risk their projects.

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Inside Retail

SEPTEMBER 18, 2024

Aptos develops and delivers unified commerce solutions for specialty softlines, hardlines and department store chains in North America, Europe, Asia and ANZ. Specifically, we develop point of sale, merchandising, order management, CRM, sales audit and analytics solutions.

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Inside Retail

AUGUST 10, 2022

Included are brands turning toys into a way of life, convenience stores mixing retro-futurism with cutting-edge technology, and new approaches to department store shopping. “To

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Inside Retail

JANUARY 4, 2024

As the driving force behind a new era of hyper-personalisation, efficiency and sustainable retail experiences, its impact on the way we shop cannot be understated. And how will it shape the way we shop? Today’s consumers are craving a truly unique shopping experience.

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Inside Retail

JUNE 22, 2021

Starts at 60, the online news and community hub aimed at seniors, has just launched an e-commerce platform as it looks to become the go-to destination for the growing number of baby boomers shopping online. Older online shopping ‘boom’. But that changed last year.

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Retail Bound

DECEMBER 2, 2024

With a slew of high-impact shopping events driving consumer spending, this is your prime opportunity to maximize revenue, build brand awareness, and move products off shelves quicker than at any other time of the year. Now, let’s break down the top 4 Q4 shopping events and discuss how your brand can stand out.

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Inside Retail

JULY 19, 2022

The company currently has stores in New York and Los Angeles and also sells through partnerships with retailers including End, Matchesfashion, Browns Fashion and upscale department stores Selfridges and Harvey Nichols. .

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Retail Times

MAY 24, 2021

Oslo’s luxury, contemporary department store Steen & Strøm, which is managed by Promenaden Management, has officially relaunched following a major NOK 300 million (£25.7 million GBP) refurbishment and upgrade in the city.

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