Inside Retail

FEBRUARY 5, 2024

Department store chain Myer expects fiscal first-half sales and net profit to decline year over year amid a challenging trading environment. “Like many retailers, we have had to contend with inflationary pressures and greater promotional cadence, which has an impact on profits.” Online sales account for 21.3

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Inside Retail

JANUARY 29, 2024

” Department store sales climbed 3.7 “Department stores fared particularly well, capitalising on the Boxing Day sales and the final few weeks before Christmas with a range of promotional events.” per cent to $1.83 billion, followed by food sales which grew 1.4 per cent to $14.18 per cent to $2.86

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Inside Retail

MARCH 13, 2025

The department store chain appointed Megan Collins as chief people officer, effective April 28, while promoting Belinda Slifkas from GM of menswear, childrenswear, and home and entertainment to chief merchandise officer. Kathy Karabatsas, formerly of David Jones, has succeeded Matt Jackman as CFO, effective March 14.

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Inside Retail

JANUARY 19, 2025

The companies have also developed effective partnerships with global retailers while at the same time vigorously promoting Thai culture and local Thai designers. The store is the work of Central Department Store Group, a sibling company of Central Pattana.

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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.

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Inside Retail

JUNE 28, 2023

Clothing, footwear, and accessories sales were up 4 per cent followed by department store sales at 3.4 Due to “cooler than average weather” and early promotional activity, “modest growth” was observed in other retailing at 2.2 per cent while household goods fell by 4.4 per cent, the ABS said. per cent, WA at 5.7 per cent.

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Inside Retail

FEBRUARY 2, 2024

The model gives suppliers more control over pricing and promotion. Why fashion loves dropshipping This is the digital version of department stores that decades ago moved to concessions taking a percentage of sales. Think of the high-end concessions seen in department stores like Myer and David Jones, except this is online.

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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. OW: The reality for us is, promotion always plays a role in retail and we recognise that, and promotion will always be there.

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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. Like many retailers, we have had to contend with inflationary pressures and greater promotional cadence, which has had an impact on profits,” said King.

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Retail Focus

DECEMBER 6, 2022

Global high-performance wellness brand, Hyperice , opens its first pop-up shop at luxury department store, Harrods. Jim Huether, CEO of Hyperice says: “Harrods’ is the world’s most iconic department store. Today, the company is a holistic high-performance wellness brand with numerous product lines and categories.

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Inside Retail

JULY 22, 2024

The Reserve Bank is, of course, not so interested in profitability but may be swayed by 2024 financial year sales results that retailers have eked out with heavy and less enriching promotional activity. Clothing and footwear stores started the half well bettering 2023 sales with a 2.4 Department stores followed suit with January up 1.7

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Inside Retail

SEPTEMBER 12, 2023

Bastion Insights client coordinator Vedant Bhusari noted that department stores Myer and David Jones are considered by many to be operating in luxury retail. However, she believes there is still work to be done, with awareness still relatively low among Mainland Chinese and South Asian communities in Australia.

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Retail Focus

SEPTEMBER 25, 2023

Charity Super.Mkt, the ‘department store for second-hand style’ launched earlier this year by Maria Chenoweth and Wayne Hemingway, will open at Bluewater this week. TRAID CEO and Co-founder Maria Chenoweth, commented: “My career and ambition has always been to promote second-hand fashion as the most impactful way to dress ourselves.

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Inside Retail

AUGUST 3, 2023

per cent by volume, and in department stores by 1.4 Clothing and apparel sales received a sugar-hit due to increased promotional activity with heavy discounting heading into winter clearance sales events,” Zahra noted, with volume sales up by 1.1 By category, food retailing sales volume was down 0.7

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Inside Retail

JANUARY 8, 2024

Department stores inched 3.3 “Black Friday sales were again a big hit this year, with retailers starting promotional periods earlier and running them for longer, compared to previous years,” said ABS head of business statistics Robert Ewing. per cent higher to $2 billion and household goods rose 0.5 per cent to $6.25

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Inside Retail

JUNE 1, 2021

Each zone within the store is designed to promote play and interaction while also providing bespoke skincare and beauty solutions. The Clinique Laboratories retail concept juxtaposes our brand’s DNA with a fresh new look for our in-store experiences,” said Ingrid Montoya, VP global retail design at Clinique.

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Inside Retail

JULY 27, 2023

per cent followed by department stores, down 2.1 There was extra discounting and promotional activity in May, leading up to mid-year sales events. However, all remaining categories registered a decline in spending when compared to last year. Household goods registered the biggest decline of 4.4

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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. Many more are also now inquiring about the ability to make it easy for their stores to go (and sell) where customers gather.

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Inside Retail

APRIL 12, 2023

In November last year, Aditya Birla Fashion and Retail Limited (ABFRL) entered into a strategic partnership with French department store chain Galeries Lafayette to open luxury department stores and a dedicated e-commerce platform in India. And Apple is far from the only premium brand eyeing the opportunity.

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Retail Focus

FEBRUARY 4, 2022

The game promoted consumer confidence in the product and resulted in a remarkable 48 percent of players buying it. On the occasion of the worldwide launch of its pop-ups, the Burberry partnered with Snapchat to create an in-store gamification experience. Credits: Nike. Credits: Burberry. Credits: Fendi.

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Inside Retail

JANUARY 3, 2023

Whether it’s a small boutique or a major department store chain, all businesses can harness the potential of this powerful technology. In physical stores, AI can enable retail team members to become more efficient and knowledgeable.

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Retail Focus

DECEMBER 12, 2023

Product displays are transformed with a festive twist, featuring Christmas-themed versions that not only promote offers but also connect products to the joyful and gift-giving spirit of the season. They go beyond promoting products; they create lasting memories and emotional resonances. Christmas Windows Around the World!

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Inside Retail

FEBRUARY 28, 2023

Sales and profit through the David Jones department store chain and Country Road Group surged in the half year to December 25, according to a filing by South African parent Woolworths Holdings. Settlement is expected by the end of this month.

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Inside Retail

APRIL 26, 2021

Fulfilment by GlamCorner now sees the platform handling the logistics of clothing rental on behalf of fashion brands, including warehousing, cleaning, shipping and returns, and giving brands their own rental stores, which they can embed in their e-commerce sites and promote to customers.

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Inside Retail

JUNE 24, 2021

Martin Wood, who joined Cartology last year from oOh Media, has been promoted to head of Strategic Partnerships and Matt Gower, former head of Research at News Corp, has joined the business as senior manager of Research and Insights. International Group of Department Stores appoints new president.

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Inside Retail

AUGUST 20, 2024

With more than 20,000 SKUs across homewares, toys, pet accessories and apparel, Anko-branded products represent 85 per cent of the stock in Kmart stores and have been purchased by a whopping 90 per cent of Australian households. It’s a little bit like in Australia, where we promote Kmart and Anko is in the store.

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Inside Retail

MARCH 20, 2023

She believes that Bestseller’s partnerships with Myer and David Jones had been particularly significant in Australia, due to the department stores’ size and strong reputation. She explained that the group has upheld these practices by working to counter climate change, using resources efficiently and promoting human rights.

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Retail Focus

OCTOBER 25, 2023

Looking at retail disturbances in an oversimplified way, the first major disruption in retail was the emergence of department stores. These department stores were typically found in major cities, catering to urban consumers’ needs. This era was often described as consumer warfare.

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Retail Focus

OCTOBER 13, 2022

Mango, one of Europe’s leading fashion groups, is accelerating its expansion in the United Kingdom with the opening of three new stores this autumn to bring the total to almost 50 by 2022, combining its physical presence in shopping centres with standalone stores and corners in department stores.

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Inside Retail

JULY 29, 2021

They have a retail-wholesale philosophy — they have their own stores, they’re in large department stores [through concessions] and they hold licences for a bunch of very well loved and established brands. The businesses have a similar DNA. They really own brands and take brands to market. They’re also a well-run business.

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Retail Bound

DECEMBER 2, 2024

Here’s why this quarter is critical: Consumer behavior shifts toward spending: The holiday season triggers gift-buying, bulk shopping, and a willingness to spend on deals and promotions. Strategies for Product Manufacturers : Start Promotions Early : Tease discounts a week in advance to build excitement and capture early interest.

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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. Creative industries adapt.

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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 per square foot for a pop-up versus $32.12

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Inside Retail

OCTOBER 16, 2024

To help achieve this, the company undertook 10 renovations and upped the volume on its promotional and marketing efforts. Malls promoted as a refuge from the summer heat The average summer temperature in Japan’s summer this year was, along with last year, the equal-hottest on record.

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Inside Retail

AUGUST 7, 2023

Holloman noted that David Jones has a long history of working with and promoting Australian brands, and that Amplify largely represents a ‘process improvement’ of what the business was previously doing.

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Inside Retail

AUGUST 30, 2022

This week, discount department store leader Kmart launched a campaign reaffirming its commitment to provide customers value at a time when costs are otherwise spiking. This year, Kmart has more stores than ever before open, and many will be available 24/7 in the lead up to Christmas.

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Inside Retail

NOVEMBER 5, 2024

Discounting in the luxury sector can be a slippery slope to business collapse, as evidenced by the recent failures of British online luxury retailer Matches and Australian luxury department store Harrolds. They were paralyzed by fear and by performance anxiety, which resulted in massive promotional activity,” Chapman told WWD.

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