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Retail expert on China’s department store dilemma and potential growth drivers

Inside Retail

According to a report by Fung Business Intelligence (FBI) and China Commerce Association for General Merchandise (CCAGM), the consumer goods market in China is expected to grow in 2024 with the proactive policies of the government and the recovery of consumer confidence. per cent and 6 per cent respectively. Two thirds (66.3 Approximately 65.4

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The China Syndrome: Japan department stores missing tourist shoppers

Inside Retail

Isetan-Mitsukoshi is a storied department store chain with 15 units in Japan, including five in the Tokyo metropolitan area. One of them, the Isetan flagship in Shinjuku, boasts the highest sales of any department store in Japan. Sales at Isetan-Mitsukoshi’s Tokyo metro stores are up 33.3 billion yen, or about $2.5

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Even Japan’s Takashimaya can’t escape department stores’ woes

Inside Retail

We have ‘iconic’ shopping centres, ‘iconic’ retail stores, ‘iconic’ restaurants, ‘iconic’ hotels, ‘iconic’ rock groups. But Takashimaya, a retailer of 1831 vintage and still the largest department store chain in Japan, is surely genuinely deserving of the word. The amount of department store floorspace declined by 6.1

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Would you get married in a department store? Selfridges says ‘I do’

Inside Retail

As the UK starts to reopen after a prolonged lockdown, the launch of a wedding venue at Selfridges’ Oxford Street location could end up driving much-needed store visits, if only due to sheer novelty, according to Jana Bowden, an associate professor at Macquarie University Business School. “As

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Department Store Offers Shoppers a Calming, Biophilic Space

VMS

Originally scheduled for an October 2020 opening, the seventh location for this family-run department store was caught in the middle of the global predicament – to build or not to build, to cancel or push on? Opening any store requires an exact timeline. Each setback has a domino effect.

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Myer names new execs, hires former Qantas Loyalty bosses

Inside Retail

The department store chain has yet to name the appointees for the newly created roles of GM of merchandise for beauty, accessories and services and GM of merchandise for women’s apparel. Last July, the company appointed Clarabella Burley, ex-Qantas Loyalty head of marketing, to the same role at Myer.

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Amazon Opening New Retail Experience, Similar to Department Store

VMS

Seattle) has announced its intentions to open a new retail experience, similar to a department store, The Wall Street Journal reports. The post Amazon Opening New Retail Experience, Similar to Department Store appeared first on Visual Merchandising and Store Design. Amazon.com Inc. trillion USD.