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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?
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.
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 post USM Haller creates "techno-chic" Coperni retailspace at Parisian shop-in-shop appeared first on Dezeen.
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. A shop window will be used for analogue and digital display.
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.
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.
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. Airports have basically transformed themselves into luxury shopping malls.”
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. The impression of a genuine joke shop was so strong that customers felt we had scented the space, which we hadn't."
Phnom Penh’s reputation as an up-and-coming retail hub took another stride forward on Thursday, 15 December, when Japanese retail and shopping centre giant Aeon staged a soft opening for its third mall in the Cambodian capital , in the southern district of Meanchey. The mall, on a 1.74 The edutainment mall.
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. .
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 permanent Jacquemus shop-in-shop was designed by AMO. Terracruda clay was used across the interior. The photography is by Lewis Ronald.
From a boutique perspective, online shopping craze is gaining popularity. 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? Every place, every space has a heart that needs to be highlighted.
The country’s growing economy and expanding middle class have created a favourable environment for global brands to set up shop and tap into a new consumer base. According to statistics from the India Brand Equity Foundation, the retail sector in the country is expected to be worth US$2 trillion by 2032.
Indoor trees, natural light and a sculptural 12-metre-high waterfall help to create a calming shopping experience inside the Hyundai Seoul departmentstore in Seoul , with interiors designed by Canadian studio Burdifilek. The post Burdifilek creates "zen-like ambience" in Seoul shopping mall appeared first on Dezeen.
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.
Amazon.com has posted its fourth straight quarter of record profits, thanks to the global shift to online shopping during the Covid-19 pandemic. . And the online retailer believes this growth will continue, with Prime Day scheduled to occur in June, rather than July as it has in the past. billion on sales of US$108.5
Our first lookbook of 2023 collects 10 pop-up shop interiors from around the world, from a swimming-pool-style store by fashion brand Jacquemus to a playful supermarket stocked with groceries made of felt. Showcasing a variety of material and colour palettes, here are 10 pop-up shops featured on Dezeen. Photo by Gray Hamner.
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!
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.
The journey of retail formats, as we know them, began with specialty stores, where retailers differentiated themselves through elevated service, expansive inventory, and deep local knowledge. This early phase prioritized a personalized shopping experience, setting the foundation for what was to come.
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. Amazon Style claims to be a “new way” to shop and discover fashion.
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.
“[For] pureplay [businesses], you can only shop online with those customers. If you’re spending $3000 on a coffee machine, you want to inspect it and talk to someone about it in-store,” he said. King added that almost two-thirds of its customers visit the website before shopping in-store, or vice versa.
The new flagship store – the brand’s first in the US – features about 1300sqm of retailspace, as well as a recording studio for musical artists, a 23-metre hat wall, a bar, live DJs performing daily, and a Secret Room featuring sought-after items in the streetwear market. I never wanted it to be like that.
The new flagship store – the brand’s first in the US – features about 1300sqm of retailspace, as well as a recording studio for musical artists, a 23-metre hat wall, a bar, live DJs performing daily, and a Secret Room featuring sought-after items in the streetwear market. I never wanted it to be like that.
The first Pan Am store was opened at Shinsegae Starfield Coex Mall, shortly before the brand launched a flagship store in Seoul’s trendy Seongsu-dong neighbourhood , locally known as ‘The Brooklyn of Seoul’ for its hip cafes and restaurants. This story first appeared in the November issue of Inside Retail Asia Magazine.
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. It is also a gross figure, so it excludes obsolete space exiting the market. In the suburbs, rents were up by a slightly more sedate 2.6 per cent), education (8.0
Featuring the brand’s NextGen store concept, the space was designed to redefine the Indian shopping experience. Jain added that Gen Z and Millennial consumers are shopping in a more hybrid manner, blending the physical and digital worlds to find inspiration, discover new trends and share their feedback.
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.
Within the space, an interior designer specialising in travel retail design will design layouts, map customer touchpoints, assess finishes and always create focal points to make sure each duty free store has unique features. The duty-free stores feel more like a departmentstore than typical airport shopping.
Before the pandemic, the Chinese special administrative region had bucked global trends of declining demand for multi-brand departmentstores and ultra-luxury brands largely due to its attractiveness to high-spending mainland visitors. British luxury departmentstore Harvey Nichols is at the forefront of the changes.
Despite brave talk by shopping-centre companies, not just in Singapore but globally, about being able to adapt to e-commerce and continue to thrive, behind the scenes they have never been truly comfortable with the e-commerce juggernaut. Retail occupancy is 98.3 per cent – pretty much as good as it gets for shopping centres.
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.
You enter a bookstore and find a coffee shop conveniently tucked inside. 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. And it’s up-leveling brands in a crowded market.
In the heart of Kuala Lumpur’s emerging international financial district lies The Exchange TRX – a new retail complex that aims to redefine urban luxury and community engagement. Scheduled to open on November 29, this mega-development promises to be more than just a shopping experience, but a transformative lifestyle destination.
You enter a bookstore and find a coffee shop conveniently tucked inside. 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.
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.
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.
Graphics, and signs in particular, have long been associated with shops. While these have moved on from the traditional signs that once adorned the front of shops, the purpose very much remains the same – getting people inside to browse and purchase products.
The theatrical nature of pop-up stores often incorporates elements of surprise, delight, and discovery, turning the act of shopping or brand interaction into an event worth remembering and sharing. From transformed shipping containers to installations in public parks, guerilla pop-ups push the boundaries of what retailspaces can be.
Sun talked to Inside Retail about critical trends impacting retailers in Asia Pacific and beyond… 1 The rise of e-commerce and omnichannel retailing For retailers, adopting omnichannel retail solutions – including an e-commerce presence – is no longer a luxury but an essential part of every business.
According to the International Air Travel Association , the luxury segment of travel retail – brands seeking to transact with consumers who are in transit, or away from home – was valued at US$104 billion in 2021, and is expected to grow to $233.5 billion (about A$350 billion) by 2030.
Spearheading this move are two flagship stores nestled in prime locations: one at the prestigious Shin Kong Mitsukoshi departmentstore in Taipei’s vibrant Xinyi Xintiandi district, and the other at the iconic Dubai Mall. Its location in Taipei was designed after careful consideration of Shin Kong Mitsukoshi A8 shoppers.
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