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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.
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. A story of two halves with both a Menswear and a Children’s department.
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.
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.
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 quadrant encompasses the beauty department.
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.
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.
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. The emergence of new luxury in retail.
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.
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. .
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 experiential space also houses two rooftop bars and a terrace overlooking the Edinburgh skyline. .
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.
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.
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. Cars are accommodated with 3,200 spaces, and motorbikes — the staple of transport for Cambodians — with 1,850.
India is the world’s fifth-largest global destination in the retailspace. Big brands The recent news surrounding Apple opening its first company-run retailstore in India’s financial hub of Mumbai is an indication of how important the market is in this niche space.
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.
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. fully embrace the concept of a retail community in their spaces.
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. The initial purpose was not to make each store unique or different,” Zhaoran explained. That’s the best way to catch the attention of consumers.
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.
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."
“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.”.
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.
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.
Retailers have continually adapted to changing consumer demands, technological advancements, and shifting societal values. In this article, we will explore the fascinating journey of retail evolution, shedding light on the forces that have shaped the industry over the years. This era was often described as consumer warfare.
Mall occupancy costs are continuing their upward climb in Singapore, as demand for space from retailers remains strong. Exemplifying this is Singapore CapitaLand’s real estate investment trust (REIT), which operates some of Singapore’s most prestigious retail and mixed-use properties.
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.
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 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.
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. per square foot for a mall space.
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.
Since Battersea Power Station reopened less than two years ago, major retailers have flocked to open innovative retailspaces and concepts. The M&S store I visited was renovated in June, extending the food department on one side by 30 per cent and decreasing the size of the apparel section on the other.
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.
Featuring the brand’s NextGen store concept, the space was designed to redefine the Indian shopping experience. India is the world’s fifth-largest global destination in the retailspace. The departmentstore will complement the mall’s current offering of young, exciting designer brands across multiple categories.
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.
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 (..)
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.
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!
In travel retail design, there are many aspects to consider regarding opening successful customer experiences, from the architecture dictating the shopfloor to lighting levels outside the space, retailers occupying sites nearby, retail design guidelines and of course, the duty free operator’s signature brand.
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 second floor, housing high-end womenswear, is a neutral gallery-like space with a subdued tonal palette.
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.
million sqm of leasable commercial space, most of it in Singapore itself, is now on a different growth trajectory as one of the principal beneficiaries of the new trading environment. Retail occupancy is 98.3 Also, Capitaland’s sales are measured per square metre, while national retail sales are not normalised to the quantity of space.
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