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Once seen as a staple of urban retail, departmentstores in China are undergoing a transformative reinvention. With malls, e-commerce giants, and niche retailers vying for consumer attention, these legacy institutions must reimagine their purpose in an increasingly digital and experience-driven retail environment.
Those brands that have avoided bankruptcy have often been forced to undertake aggressive cost reduction and store closures. Departmentstores have been particularly impacted, with consumers forced online during the pandemic now choosing to buy direct from brands or from more price-competitive online marketplaces.
Lotte enlisted London luxury retail designers Shed , known for a distinctly contemporary and progressive international design style, to reimagine a ‘different kind’ of departmentstore, Lotte’s first major project in 7 years. A story of two halves with both a Menswear and a Children’s department.
Aptos develops and delivers unified commerce solutions for specialty softlines, hardlines and departmentstore chains in North America, Europe, Asia and ANZ. Others are asking about in-store and out-of-store mobility for associates. We’re also excited to see more customers adopt our newly reimaginedstore fulfilment app.
Selfridges, the iconic British departmentstore, is ushering in a new era of sustainable retail with its ambitious plan to ensure 45% of transactions come from circular products and services by 2030. A key feature of the season is The Edit by Reselfridges, a fashion and lifestyle destination offering a unique way to shop secondhand.
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 departmentstore chain on June 4. Inside Retail : On the investor call, you mentioned the reimagining of Myer’s e-commerce experience. What does that look like for you?
So it is with words like ‘redefining’ and ‘reimagining’, which are now wheeled out so frequently that the listener just glazes over. The new three-level, 8000sqm Luxe Galerie at Central Chidlom in downtown Bangkok is a nice job and does a lot to modernise a store that was beginning to flirt with obsolescence.
With the coronavirus outbreak forcing retailers to shift their companies’ operations, fast-track digital transformations, and reimagine strategies and business models, it is important for employees to have excellent digital skills, talent in storytelling, and the savviness to easily adapt. “I
The world-famous departmentstore opened its first confectionery counter in 1870, before beginning its own in-house chocolate production in the early nineteenth century. By the 1970’s, over 100 tonnes of chocolate were produced on-site in the world-famous Knightsbridge store.
More than 30 years later, the South Korean fashion retailer SJ Group brought the airline a new identity, reimagining Pan Am as a lifestyle brand. Seongsu-dong used to be a centre for small manufacturing businesses, such as print shops, hand-made shoe stores, and the leather garment makers.
Waitrose – Shop in Shop. BEST CHRISTMAS WINDOWS IN A LARGE INDEPENDENT/DEPARTMENTSTORE. BEST USE OF MANNEQUINS IN A LARGE INDEPENDENT/DEPARTMENTSTORE. SHORTLISTED: Harvey Nichols – Reimagine. BEST WINDOW/S IN A LARGE INDEPENDENT DEPARTMENTSTORE. Sponsored by IDW.
Design and architecture agency Studiopepe references Milan's offices and metro stations in its revamp of the fourth floor of the city's renowned luxury departmentstore La Rinascente. The post Studiopepe draws on Milanese stations for La Rinascente womenswear department appeared first on Dezeen.
Evolve to create a one-stop shop for customers. The shift to online shopping over the last 18 months shows no signs of slowing. But physical stores aren’t going away. More than half (52 per cent) of consumers in the US plan to make the majority of their departmentstore purchases in shops this holiday season.
Luxury handbag restoration and preowned designer resale retailer, Handbag Clinic is expanding its partnership with luxury departmentstore, Fenwick, with the launch of its second in-store concession in Fenwick Colchester from Monday 12 th April. preserving the promise of luxury for generations to come.”.
This approach, built upon over 15 years of research, merges traditional and digital shopping experiences to continually attract and engage visitors. For example, Suria KLCC is known as an “experiential shopping destination” located beneath the iconic twin towers and adjacent to the 50-acre KLCC Park.
Loft, which has only two stores in Thailand. Loft is a combination stationery, accessories and gift shop that offers beautifully designed products, many from Japan, in a manicured, engaging store ambience. It’s an extraordinary store and it scrapes in – just scrapes in – to both the new concept and flagship store categories.
The essence of personalisation Picture a scenario, you’re in a departmentstore. Taking customer data, email marketing and personalisation seriously isn’t just about tweaking a campaign here and there; it’s about reimagining your approach to customers, from the moment they first find you, the first purchase and beyond.
Central Retail’s Tops Club, a 15,000sqm affair unveiled at Central Rama 2 shopping mall in south Bangkok last September, is a good example. Shopping at Tops Club also requires membership but the fee is likely to be more like gravy than a key component of revenue needed to drive profit, as it is with Costco.
Conceptually, it embraces Sydney’s energetic atmosphere and pays homage to some famous landscapes, including the Outback and Sydney’s Bondi Beach, which helps create an immersive shopping experience. Open for just 12 weeks, the architecturally designed store reflects Thankyou’s commitment to reimagining retail.
While household-name departmentstores are downsizing and closing their doors, multi-brand retail boutiques are succeeding by focusing on personalised shopping experiences. Multi-brand retail boutiques like Melbourne’s Filly Stable are reviving and reimagining the in-person retail experience.
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