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What’s driving the transformation of China’s department stores?

Inside Retail

Once seen as a staple of urban retail, department stores in China are undergoing a transformative reinvention. Market struggles Chinas department-store sector has long been a foundational part of the countrys commercial infrastructure, but in recent years, it has been under mounting pressure.

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David Jones, LSKD reveal how their Black Friday sales are performing so far

Inside Retail

The Black Friday Cyber Monday sales period has expanded to become ‘Black November’ this year, with many retailers and brands starting their promotions earlier than ever. In 2021, the business went live with its promotions on November 18, in 2022 on November 15 and last year on November 9. This presents a predicament for retailers.

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How Malaysian department store Pavilion is connecting with customers

Inside Retail

We have continuously worked with all our tenants to come up with robust marketing strategies to encourage customer traffic and spending, including creating promotional areas at high traffic areas, assisting with shopping and dining vouchers, and continuing with our shopper rewards and redemption programs. You can download it here.

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Experts weigh in on Nordstrom’s privatisation deal with El Puerto de Liverpool

Inside Retail

The consensus within the retail industry is that Nordstroms partnership deal with the Mexican retail group will improve the department store retailers chances of thriving at a time when many legacy players, like Macys, are struggling to survive. However, long-term success for Nordstrom wont come without further changes.

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Myer’s Olivia Wirth is laser-focused on tapping into the next-gen of customers

Inside Retail

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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Myer appoints new leaders amid business merger and restructure

Inside Retail

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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How historic Japanese retailer Takashimaya is staying ahead of the times

Inside Retail

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. Businesses can avoid this by digitising their operations, such as using email receipts.