Inside Retail

MAY 22, 2022

First quarter results for calendar year 2022 are in for the three biggest Korean department store retailers, and the numbers are encouraging. Shinsegae, Lotte, and Hyundai account for the top nine department stores in the country (coming in at number 10 is Galleria’s high-end flagship in Seoul). trillion KRW ($2.1

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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

MAY 10, 2023

For once, department stores are leading a retail sales recovery instead of lagging it. In Japan, the Ministry of Economy, Trade and Industry (METI) reports that retail sales in the first quarter amounted to 39,781 billion yen (about $434 billion at current exchange rates), up 6.5 per cent from a year ago.

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Inside Retail

NOVEMBER 19, 2024

It’s also ahead of other retail areas like household goods (-2 per cent) and apparel (-2.5 As a CommBank iQ spending category, general retail covers more than 10 sub-segments, from pet, discount and department stores to online marketplaces. Stepping even further out by age reveals the contrast. Read the analysis here.

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Inside Retail

MAY 17, 2023

per cent and retailer sales per square metre for the trailing 12 months were US$8,166, up 3.3 One of the key issues facing Simon and other mall operators is that they are still joined at the hip to department store anchors. And one of the remaining three, Neiman Marcus, is basically an upscale apparel department store.

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Inside Retail

NOVEMBER 8, 2022

And it supplies to department stores, such as David Jones, Myer, Kmart and Big W. Designworks’ divisional general manager Brooke Norton told Inside Retail that the brand sells about 15 million units each year and is heading towards $200 million in wholesale sales. The market is holdings its breath.

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Inside Retail

JANUARY 18, 2024

Retail sales in the US soared 0.6 per cent increase in November, according to the Commerce Department’s Census Bureau. On a year-on-year basis, US retail sales were up 5.6 On a year-on-year basis, US retail sales were up 5.6 For 2023, unadjusted retail sales increased 3.2 per cent and 5.7

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Inside Retail

FEBRUARY 20, 2024

During the first half, Woolworths launched Woolworths MarketPlus, enabling third-party merchants to sell products across the supermarket chain’s businesses including MyDeal, Everyday Market, and Big W Market. Meanwhile, during the first seven weeks of the second half, Woolworths saw Australian food retail sales increase 1.5

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Inside Retail

JULY 4, 2021

And while food retailing led the way in growth (1.1 per cent) across the nation, several other segments of the market fell: namely, household goods (-1.1 per cent) and department stores (0.7 In total, the ABS recorded sales of $31.1 of total sales in May 2021.”. per cent), clothing (-0.4 billion in May.

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Inside Retail

OCTOBER 7, 2022

According to the Australian Bureau of Statistics (ABS), retail sales were up 19.2 Customers were spending more on clothing, footwear and personal accessories, department stores and cafes and restaurants in July 2022, compared to the 12 months prior, and consumer sentiment was also up, by 3.9

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Inside Retail

AUGUST 19, 2024

Vicinity Centres has acquired a 50 per cent stake in the Lakeside Jundaloop shopping centre in Western Australia from Future Fund for $420 million, and will co-own it with Lendlease-managed Australian Prime Property Fund – Retail. Its tenancy profile is supported by 16 mini-majors and 267 specialties and kiosks. per cent.

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Inside Retail

AUGUST 15, 2021

This is a fantastic new partnership for PAS and we’re very excited to launch Replay into the Australian and New Zealand markets in the first quarter of 2022,” he said. “We PAS Group plans to open three to five Replay stores before deciding on a broader rollout. 550 million company.

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Inside Retail

MAY 12, 2021

While the retail sector had been a standout in March 2020, as actual spending and spending intentions surged during the early stages of the pandemic, retail spending and spending intentions growth had stabilised in recent months.

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Inside Retail

MARCH 25, 2025

stores in Vietnam. The retail sales mix is nicely balanced, with 30 per cent hardlines, 39 per cent food and 31 per cent fashion. Among the highlights was a successful relaunch of Central Chidlom (popularly known as Central Department Store) in downtown Bangkok, with a new multi-level designer wing called Luxe Galerie.

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Inside Retail

FEBRUARY 20, 2023

This has been good news for retail spending that is linked to social settings, such as clothing and shoes and department stores. The impact of higher interest rates on the housing market is apparent. Domestic travel has fully rebounded, with 27.7 Hospitality has had a resurgence as well.

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Inside Retail

SEPTEMBER 13, 2022

Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create the perfect storm for retailers that do not have a strategy in place to ensure they are well positioned for the choppy market conditions ahead.

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Inside Retail

APRIL 29, 2021

Amazon expects net sales in the quarter ended June 30, 2020, to be between US$110 billion and US$116 billion, an increase of between 24 per cent and 30 per cent year on year. It’s not surprising that Amazon has done really well,” Jason Pallant, a senior lecturer in marketing at Swinburne Business School, told Inside Retail.

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Inside Retail

JUNE 10, 2024

Words used for praise in marketing have a tendency to get overused to the point of being meaningless, thus requiring replacement every couple of years. The department store huffed and puffed, but its status was clearly under threat. Same-store sales for Vietnam hardlines were down 20 per cent.

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Inside Retail

MARCH 9, 2023

E-commerce in Singapore had a couple of bumper years in 2020-21, but online sales growth plateaued in 2022 as a percentage of Singapore’s retail sales : for Capitaland’s malls, many of them part of integrated mixed-use projects, it was time to start taking full advantage of normalisation. per cent) and department store BHG (1.0

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Inside Retail

SEPTEMBER 4, 2024

It is also a gross figure, so it excludes obsolete space exiting the market. If you have a disproportionately large number of leases expiring in one year, it can signal trouble, since it puts the landlord at the mercy of any market shock that might occur in that year. per cent in June. A few other categories had small gains.

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Inside Retail

MAY 22, 2023

For some time now, the growth of e-commerce in the Lion City has been falling back in line with the growth rate of retail sales as a whole. It operates retail properties, mixed-use projects and office buildings. Downtown malls outperformed their suburban counterparts, with sales increasing by 20.3 per cent versus 4.1

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Inside Retail

JANUARY 11, 2023

The first is the perennial issue of whether or not the various markets can absorb the new space becoming available as developers open the doors of their newest projects. The normalisation of tourism in markets such as Singapore and Bangkok also helped landlords lease space and stabilise rents. Three factors are of special concern.

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Inside Retail

OCTOBER 11, 2021

Retail shopping centres face a major challenge rebuilding customer traffic and sales after the Covid-19 pandemic is controlled. Retail chain results for the latest financial year indicate spectacular growth in online sales and, in many instances, a dip in the average sales per store. billion in online sales.

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Inside Retail

FEBRUARY 5, 2024

A decade ago, the advertising and marketing sector was taken to task by Peter Field and Les Binet. But 10 years later, advertisers are falling back into old habits ditching long-term brand-building efforts to purely focus on activation campaigns that deliver sales in the short term. And that applies equally to retail sales data.

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Inside Retail

JULY 21, 2024

Aeon Mall, Japan’s pan-Asian mall developer, is slowly but surely engineering a shift in its development focus from Japan to growth markets in China and Southeast Asia. As a result, the contribution of those non-Japan markets to revenue can be expected to increase steadily. In June, retail sales were up 2.0

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Inside Retail

OCTOBER 24, 2021

US department store Nordstrom has teamed up with Instagram page-turned-online marketplace Black Owned Everything to spotlight four up-and-coming Black-owned fashion and accessories brands alongside global sneaker giants Nike and Jordan as part of its Nordstrom x Nike initiative.

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Inside Retail

OCTOBER 7, 2024

So in looking for opportunities above the parapet to adapt and innovate, and to prioritise resources right now, it might be useful to first look at the latest data from the Australian Bureau of Statistics, which tells us clothing, footwear, accessories and department stores all experienced a marginal decline in July turnover compared with June 2024.

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Inside Retail

MAY 3, 2023

Vincom is easily the largest mall developer and operator in Vietnam, and wants to focus less on new development this year and more on a trifecta of objectives aimed at its existing mall fleet: driving rental growth, upgrading its market positioning, and strengthening the shaky operating metrics of elements of its far-flung portfolio.

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Inside Retail

MAY 15, 2022

In each case, the arrival of these brands in new markets has generally been greeted with huge enthusiasm. Even department stores like Takashimaya, Isetan and Aeon have had a fair measure of success in non-Japan Asia, notwithstanding their recent problems due partly to the pandemic. Sales were up 0.4

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VMS

AUGUST 11, 2021

jewelry sales were up sharply in July compared to the same month in 2020 as well as in 2019, according to Mastercard SpendingPulse. The growth was part of a larger trend in which retail sales overall grew for the 11th consecutive month. Jewelry sales were up 82.6 Read the press release: Retail sales in the U.S.

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Inside Retail

MARCH 17, 2022

Discount department store Best & Less has made its debut in the lucrative beauty category, unveiling a pink pop-up store from MCoBeauty this week. . Now also available online at Best & Less, MCoBeauty is the first beauty brand stocked at the value chain, in 120 of its stores across the country.

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Inside Retail

FEBRUARY 27, 2023

While the percentage year-on-year growth in sales made through online channels has fallen since the heights achieved during the pandemic, we continue to see a ‘locked-in’ step change in the volume of sales being made online: that means the investments made to expand the utility and reach of this channel continue to be a valuable base for retailers.

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Inside Retail

SEPTEMBER 21, 2022

This was very new, as the perfume industry was mainly marketing driven and creation was just a component at the service of a marketing-led story. For us, marketing had to be at the service of creative ideas and to act only as an amplifier. MC: The Maison’s main market is the US.

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VMS

JANUARY 25, 2022

Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. retail sales, which soared to $4.583 trillion in 2021. “As retail sales last year. percent of total U.S.

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Creative Displays Now

MARCH 8, 2022

Visual merchandising is a marketing practice that retailers and consumer products companies use to capture people’s attention so they’re more likely to purchase something. This practice took off in the 19th century after department store window displays became popular. In-Store Shopping Experience.

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Inside Retail

DECEMBER 18, 2023

Enticing shoppers into bricks-and-mortar stores to spend their hard-earned money during a cost-of-living crisis requires marketing teams to get creative, leveraging everything from giveaways to extended trading and entertainment. Here is what’s happening. million visitors total over the holiday period.

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Greater Group

DECEMBER 24, 2019

Experiential retail has developed out of the need to adapt to the changing market due to the rapid growth of the online market. concept store enter a dream-world where their favourite movie scenes come to life, which is why this instalment has been welcomed with so much success. Visitors to the Avengers S.T.A.T.I.O.N.

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