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On Friday, The Wall Street Journal reported that online retail giant Amazon is looking to open large bricks-and-mortar stores in the US to sell clothing, homewares, electronics and other products, much like a departmentstore. And it would come at a time when some long-running departmentstores are closing up shop.
Unfortunately for many departmentstores, the pandemic has been a final blow in the battle with online retail, spiralling real estate costs and difficulty serving up physical retail that is consistently experiential, engaging and adaptable. So, what is to become of these extinct departmentstores?
Harvey Nichols has introduced the world’s first blue-chip non-fungible tokens (NFT) retail concept space located inside a luxury departmentstore dubbed ‘HN NFT Vault’ at the retailer’s Pacific Place store in Hong Kong.
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.
With the opening of Ecoya Martin Place, Ecoya now has two DTC retailstores that complement its extensive network of retail partners, including boutiques and florists to big departmentstores like Myer, David Jones and Ballantynes.
Architecture studio OMA has revealed images of the first completed part of its renovation of Berlin departmentstore KaDeWe, a retail and event space connected by wood-clad escalators. Wood-clad escalators sit in the centre of the space. The departmentstore is located in Berlin.
Sydney Airport and Heinemann will jointly introduce Australia’s first domestic terminal “departmentstore” concept next July at T2 and T3. Spanning 1765sqm in T2 and 506sqm in T3, the new retailspace’s offerings range from apparel, accessories, watches, jewellery, perfumes, and wines to spirits.
Luxury departmentstore Harvey Nichols recently announced the opening of the first blue-chip non-fungible token (NFT) retailspace at its Pacific Place Hong Kong store. As our physical and digital worlds collide, the luxury retailer aims to make NFTs more accessible to a broader audience.
Parisian fashion brand Coperni has collaborated with Swiss furniture company USM Haller to create its first-ever boutique, a shop-in-shop at French departmentstore Printemps Haussmann. The floor of the retailspace was covered in Versailles parquet flooring, with each of the wooden floor panels separated by USM Haller's silver tubing.
Departmentstore David Jones has launched a re-sale clothing initiative called Reloop in partnership with fashion rental company GlamCorner. Bridget Veals, David Jones GM of womenswear, footwear and accessories, said the company is committed to ethical, environmental and climate-conscious practices in the retailspace.
More and more people are just entering stores to feel the fabric, try the item and purchasing them online. So, how can a retailspace be called successful in given so many factors? Hasan and Husain Roomi, founders of H2R Design, have a vast experience of delivering retail projects. Highlight the focal point.
Working with Harlequin Design , Milan-based fashion designer Giuseppe di Morabito has launched a monochromatic retailspace in the world-famous Harrods Departmentstore. Giuseppe di Morabito (born in 1992) founded his eponymous brand in Milan in 2015.
Spanning eight floors and 71,500 sqft, Johnnie Walker Princes Street is located inside a building, which was formally a traditional departmentstore for almost 100 years.
The company currently has stores in New York and Los Angeles and also sells through partnerships with retailers including End, Matchesfashion, Browns Fashion and upscale departmentstores Selfridges and Harvey Nichols. .
The area, which not long ago was somnolent, is now a hotspot for development and is attracting all kinds of property investment, including residential, industrial, mixed-use and retail projects. Both Glam Boutique and Aeon Wellness are well established in neighboring Vietnam, where there are eight stores.
India is the world’s fifth-largest global destination in the retailspace. In November last year, Aditya Birla Fashion and Retail Limited (ABFRL) entered into a strategic partnership with French departmentstore chain Galeries Lafayette to open luxury departmentstores and a dedicated e-commerce platform in India.
The symbiotic retail relationship SM Retail, the retail arm of SM Investments, operates a portfolio of more than 4200 stores across a whole plethora of retail categories that includes departmentstores, supermarkets, hypermarkets and specialty stores.
Laurent Boidevezi, the Apac president of luxury liquor group Moet Hennessy kicked off the day by outlining the company’s plans to expand on building its maison’s direct retailspaces as it looks to boost engagement with new generations of end customers.
Last month, American fashion label Kith expanded into the country, opening its largest flagship store in Seoul’s Seongsu neighbourhood with dedicated retailspace, Sadelle’s restaurant and a sophisticated lounge area. Another noteworthy addition to the South Korean luxury market was the Olsen twins’ luxury label The Row.
Jessica Sinclair, senior strategist at Retail Oasis, noted that Amazon was “ready to go” with swipe-to-buy payment methods and fast delivery for in-demand products and categories during Covid-19, such as baking, air-frying, home tech and streaming content subscriptions. Amazon’s Achilles’ heel.
Following its 2020 marketing strategy rebrand, Parfums de Marly felt now was the right time to enter the Australian retailspace with its French vision of excellence and luxury in opposition to standardisation, through in-store customer experience. By culture, we are a departmentstore brand in the way we function.
London departmentstore Selfridges has opened The Joke Shop, a "shoppable comedy store" that sells products including sneezing powder and has windows filled with whoopee cushions and slipping bananas. A giant whoopee cushion fills one window "I bribed a group of monkeys with bananas to randomly select jokes for me," he added.
The first store will open later this year at The Americana at Brand, a shopping centre in Los Angeles, and reportedly be around 30,000 square feet – much smaller than a typical departmentstore, which is around 100,000 square feet.
Looking at retail disturbances in an oversimplified way, the first major disruption in retail was the emergence of departmentstores. These departmentstores were typically found in major cities, catering to urban consumers’ needs. This era was often described as consumer warfare.
Retail activity has been a defining facet of cities since antiquity. Retailspaces have evolved over time. Urbanisation, mass production and the rise of conspicuous consumption led to the high street and CBD dominating the retail landscape across the Western world from the late 19th century until the mid-20th century.
Last month, American fashion label Kith expanded into the country, opening its largest flagship store in Seoul’s Seongsu neighbourhood with dedicated retailspace, Sadelle’s restaurant and a sophisticated lounge area. Another noteworthy addition to the South Korean luxury market was the Olsen twins’ luxury label The Row.
“The design concept is represented in a way that the separation between the old space and the new space is vague, by installing the lights on the glass on top of the sticky residue of tapes on the floor, and these floor lights, unlike the ordinary ceiling lights, create the extraordinary mood of upside-down.”.
The Las Vegas Culture Kings store is just a few weeks old, but CEO Simon Beard is confident that it will break records. When you go into a store and there’s one person working, or you go to [departmentstores], and you can shoot a cannon and [not find] staff. I’ve always believed in creating that vibe and atmosphere.
The Las Vegas Culture Kings store is just a few weeks old, but CEO Simon Beard is confident that it will break records. When you go into a store and there’s one person working, or you go to [departmentstores], and you can shoot a cannon and [not find] staff. I’ve always believed in creating that vibe and atmosphere.
Meeting market volatility According to Professor Gary Mortimer, chair of the consumer research advisory committee at the Australian Retailers Association, Myer’s strong result, along with that of David Jones suggests that traditional departmentstores are rebounding, after struggling for about a decade.
Dutch studio AMO has created a terracruda-clad shop-in-shop with curving tiered shelving for French-fashion brand Jacquemus at luxury departmentstore Selfridges. The boutique was installed as a permanent retailspace located on the ground floor of London departmentstore Selfridges and is host to Jacquemus bags and accessories.
Creating a Memorable Shopping Experience In an era dominated by online shopping, the physical retailspace must offer an experience that transcends the transactional. Christmas windows, acting as the gateway to the store, set the stage for a memorable shopping journey. Christmas Windows Around the World!
This is not just a consequence of new retailers coming in; tenant retention also continues to improve, with the rate rising to nearly 86 per cent, from 83 per cent last year. More broadly, while Singapore retail sales have been floundering in recent months, there are a few bright spots. per cent), education (8.0 per cent).
Latest retail results show departmentstores need more than touch-ups. And while both online and in-store transactions are part of the overall experience, it's the retailspace that currently requires new ideas and layouts. largest retailspace. Brand Strategy for Your Retail Design.
India is the world’s fifth-largest global destination in the retailspace. In November last year, Aditya Birla Fashion and Retail entered into a strategic partnership with French departmentstore chain Galeries Lafayette to open luxury departmentstores and a dedicated e-commerce platform in India.
One of the key trends that defined retail in 2023 was pop-up shops and how these experiential shopping experiences have taken hold over millennial and Gen Z consumers. Midway into the first quarter of 2024, there are no signs of this experiential retail trend slowing down.
The brand commands premium prices for its designer eyepieces and is renowned for its stores, most of which resemble contemporary art galleries more than retailspaces. In 2018, one of his agency’s clients was the Korean sunglasses brand Gentle Monster.
Since Battersea Power Station reopened less than two years ago, major retailers have flocked to open innovative retailspaces and concepts. M&S team members are also stationed at different parts of the store during specific busy times, ensuring they are always available for customers.
They have a retail-wholesale philosophy — they have their own stores, they’re in large departmentstores [through concessions] and they hold licences for a bunch of very well loved and established brands. We’re a player in the retailspace, and we want to continue to grow.
The partnership aims to celebrate and recognise the vital role that independent retailers play in the success of the high street, and to encourage the public to support their local independent stores. The category is open to independent retailers of all sizes and types, from small boutiques to larger independent departmentstores.
Ginori 1735, the expression of the Italian excellence in the field of luxury and lifestyle, one of the world’s leading brands in pure porcelain and in the design, announces the opening on 17th March of its worldwide first home fragrance exclusive corner located inside the Home Fragrances Room in Harrods, London’s prestigious luxury department (..)
The mall will include retailers such as Gentle Monster; Maison Kitsuné and the 28th location of its acclaimed Café Kitsuné; California-based, celeb-approved athleisure brand, Alo Yoga; as well as Finnish textile, clothing and home furnishings brand, Marimekko. The mixed-use development will be anchored by a 1.3
While visiting a local electronics retailer, you find a display dedicated to your cell phone brand. You even find a full display of your favorite designer clothing in the local departmentstore. The store-within-a-store model is alive and well in retail. And it’s up-leveling brands in a crowded market.
Unlike other beauty brands, Jung Saem Mool – founded in 2015 and with more than 250 point-of-sales in South Korea – takes a very different approach to connecting with its customers in this market, which can be seen at its flagship store on Scotts Road.
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