Inside Retail

APRIL 21, 2024

per cent) of surveyed department store operators expect their sales to grow in 2024, a significant decrease from last year’s 85.7 The report revealed that while department stores and convenience stores experienced higher growth rates than total retail sales, supermarkets faced negative growth for the first time.

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Inside Retail

DECEMBER 18, 2024

Japanese department store Matsuya has introduced a digital platform with a click-and-collect service including tax refunds in a bid to tap into the growth of international tourists. In-store staff are trained to assist with tax-free claims efficiently.

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Inside Retail

NOVEMBER 4, 2024

I had clients tell me they refuse to shop in the city now,” Poulakis said. They told him it was “easier to drive to Chadstone, valet the car and go shopping” than to navigate public transport. Notably, Harrolds was a latecomer to e-commerce, only launching an online shopping site in 2020.

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Retail Focus

SEPTEMBER 15, 2021

The huge increase in online shopping over the past decade or so has had a major impact on department stores, with many consumers turning to Amazon, eBay and other online shops for shopping, rather than a more traditional trip out to a physical store. Changing culture of shopping.

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Inside Retail

FEBRUARY 13, 2025

Australias department stores are at a crossroads. Once the go-to for everything from fashion to homewares, theyre now struggling to stay relevant in a world of online shopping, specialty retailers, and shifting consumer habits. In September 2024, department-store sales fell by 0.5 So how did we get here?

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Inside Retail

JULY 23, 2024

The long-anticipated deal between Saks Fifth Avenue and Neiman Marcus could create the ultimate department store behemoth at a time when legacy players are facing increased competition from luxury e-commerce companies and a new generation of high-end brands blending premium products with immersive experiences. billion deal.

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Department Stores Specialty Retailers Shopping Strategy 130

Inside Retail

JULY 23, 2024

Aesop will return to David Jones next month as part of the department store chain’s strategy to boost its luxury beauty offerings. The brand will later launch at Chadstone Shopping Centre and Bourke Street Mall as part of the stores’ $15 million beauty hall redevelopment. .

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Inside Retail

APRIL 27, 2021

Mosaic Brands is seeing positive results from the implementation of a digital department store strategy across several of its core apparel brands, including Noni B, Rivers, Millers and Katies. Mosaic’s department store move isn’t exactly unique in the fashion industry. Leveraging loyalty.

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Department Stores Fashion Apparel Strategy 147

Inside Retail

APRIL 6, 2022

We have ‘iconic’ shopping centres, ‘iconic’ retail stores, ‘iconic’ restaurants, ‘iconic’ hotels, ‘iconic’ rock groups. But Takashimaya, a retailer of 1831 vintage and still the largest department store chain in Japan, is surely genuinely deserving of the word. The amount of department store floorspace declined by 6.1

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Inside Retail

NOVEMBER 22, 2022

Isetan-Mitsukoshi is a storied department store chain with 15 units in Japan, including five in the Tokyo metropolitan area. One of them, the Isetan flagship in Shinjuku, boasts the highest sales of any department store in Japan. Sales at Isetan-Mitsukoshi’s Tokyo metro stores are up 33.3 billion yen, or about $2.5

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Inside Retail

OCTOBER 20, 2024

From exclusive capsule collections with designer brands like Gucci, Bottega Veneta, Loewe, and Brunello Cucinelli, to one-of-a-kind premium experiences, such as a 24-hour event in Shanghai produced alongside the Paris-based label Courrèges, Mytheresa offers a shopping experience that only a select few can indulge in, let alone afford.

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Apparel Department Stores Curate Shopping 130

Inside Retail

JUNE 24, 2024

Following the €1 billion acquisition of the KaDeWe property in Berlin’s most famous shopping street Tauentzienstraße, from Signa Prime Selection AG last April, Central Group has agreed to acquire the rest of the KaDeWe Group portfolio – Alsterhaus in Hamburg and Oberpollinger in Munich. What’s next?

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Department Stores Location Marketing Concept 263

Inside Retail

NOVEMBER 19, 2024

As retailers gear up for peak season, many are fine-tuning sales strategies as shoppers’ spending capacity and preferences change. As a CommBank iQ spending category, general retail covers more than 10 sub-segments, from pet, discount and department stores to online marketplaces.

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Other Consumer Department Stores Apparel 147

Inside Retail

JANUARY 10, 2024

The world’s largest retailer shared expansive plans for the future of retail at the recent Consumer Electronics Show (CES 2024), focusing on adaptive retail strategies that encompass realms of customers, workforce and society. Embracing AI Walmart’s goal is to make shopping experiences effortless, engaging and personalised.

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Shopping Consumer Electronics Expansion Apparel 262

Inside Retail

OCTOBER 26, 2023

Macy’s has been stepping up to the plate with a series of new moves, from the expansion of its smaller-footprint stores, to a new digital fashion platform targeting younger shoppers. But while these initiatives sound promising, the question remains: can the department store chain truly adapt to the needs of the modern-day consumer?

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Inside Retail

FEBRUARY 17, 2025

In late 2023, Salesforce reported that 59 per cent of consumers had shopped on social media, a massive jump from 15 per cent in 2021. In the US alone, TikTok shop garnered 1.1 Indeed, Amazon and retail tech companies are now investing in just walk in technologies that may further enhance the shopping experience.

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Inside Retail

OCTOBER 29, 2024

We all grew up with a shop on every corner. It’s more about being a really proficient omnichannel retailer now; it’s probably less about the sheer number of stores, probably much more around the quality of the offer.” For Walker, this is where Mosaic Group’s brands have gone wrong.

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Apparel Engagement Curate Location 264

Inside Retail

DECEMBER 11, 2023

Since the retailer’s establishment in 1858, Macy’s has become one of the most well-known department stores in the US, if not the world. Like many retailers, both in the US and internationally, Macy’s has been impacted by the decline in consumer interest in shopping in traditional department stores amidst the rise of online shopping.

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Department Stores Management Strategy Merchandising 244

Inside Retail

JANUARY 28, 2025

With 2024s peak shopping season in the rearview mirror, consumer spending behaviours and responses to major retail sales events are coming into focus. Examining where and when people shopped reveals valuable insights for retailers as they hone their strategies ahead.

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Department Stores Retail Sales Perspective Pattern 130

Inside Retail

JUNE 12, 2024

While the vast majority of the French-headquartered company’s sales are still wholesaled through department stores and travel retailers, Moet Hennessy is starting to open more of its own stores in airports, stores-in-stores and standalone boutiques, typically located in the luxury precincts of major international cities.

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Inside Retail

SEPTEMBER 12, 2023

According to Bastion Insights, a strategy consultancy specialising in cross-cultural insights, luxury Australian retailers have – by and large – struggled to effectively engage with local consumers of South Asian or Mainland Chinese descent.

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Consumer Department Stores Contrast Engagement 263

Inside Retail

FEBRUARY 8, 2024

Myer currently operates 56 department stores across Australia, as well as its online business and in-house brands including Sass and Bide, Marcs and David Lawrence. per cent increase is a case of under-promising and over-delivering, the department store CEO is taking the win as a sign of more growth to come. “We

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Department Stores Planning Engagement Strategy 264

Inside Retail

DECEMBER 19, 2022

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. Aeon’s ASEAN strategy. The mall, on a 1.74 The edutainment mall.

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Outdoor Beauty and Health Department Stores Concept 245

Inside Retail

OCTOBER 13, 2023

Precision Group, along with its luxury retailers, is investing $125 million in Adelaide Central Plaza over the next three years as it intends to make the shopping centre Australia’s next luxury retail hub. Louis Vuitton will also open a pop-up store at Adelaide Central Plaza from October 13 to December 28.

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Department Stores Expansion Art Shopping 299

Inside Retail

SEPTEMBER 20, 2024

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. And how’s that going to convert that 65 per cent of in-store only customers to shop online? million members and 4.4

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Promotion Department Stores Strategy Engagement 264

Inside Retail

JANUARY 21, 2024

The brand has grown to have a presence in 80 countries through a distribution network encompassing 1200 points of sale across stand-alone stores, franchises, department stores, multi-brand leather goods stores, travel retail and e-commerce websites.

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Department Stores Boutique Layout Art 262

Inside Retail

JANUARY 23, 2025

From a practical standpoint, even from a marketing standpoint, I can’t see a logic behind the rationale for a department store with, essentially, 50 stores or 60 stores across Australia to buy another 600 or 700 smaller stores, Gary Mortimer, a Professor of Retail Marketing and Consumer Behaviour at the QUT Business School, told Inside Retail.

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Apparel Department Stores Fashion Marketing 262

Inside Retail

JANUARY 4, 2024

As the driving force behind a new era of hyper-personalisation, efficiency and sustainable retail experiences, its impact on the way we shop cannot be understated. So as more and more retailers integrate the benefits of AI into their growth strategy, what will be next for this transformative technology?

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Inside Retail

APRIL 12, 2023

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. Marketplace strategies Ramaswami did acknowledge that Apple products are only affordable for a tiny fraction of Indians at the highest end of the market, but in a country of 1.4

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Department Stores Consumer Strategy Marketing 261

Inside Retail

SEPTEMBER 26, 2021

“As a customer-centric business, we are laser-focused on continuing to evolve and enhance our offering to meet the changing needs of our customers, while also offering a seamless and inspiring one-stop shop.”. GFG see themselves as a fashion and lifestyle business, so the move into homewares is clearly on-strategy for The Iconic.

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Fashion Department Stores Space Gifts 246

Inside Retail

OCTOBER 30, 2024

SM Prime Holdings, the largest mall operator in the Philippines , has underlined its regional development strategy in the archipelago with the grand opening of a new mall in Mandaue City, Cebu on October 25. This landbank should be sufficient to serve the company’s development plans for five to seven years.

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Expansion Beauty and Health Department Stores Strategy 130

Inside Retail

JANUARY 12, 2023

Today, she is New Aim’s co-founder and chief strategy officer. IR: How did you make the leap from category buyer/manager to chief strategy officer? By the end of 2009, we successfully convinced the most popular online department stores of the time to use our dropship service, including Catch of the Day and DealsDirect.

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Department Stores Strategy Planning Management 246

Inside Retail

NOVEMBER 16, 2022

Akeroyd, who took over in April, will present his strategy alongside first-half results that will show the lingering impact of lockdown restrictions in China, Burberry’s biggest market. He raised prices, limited distribution to its own shops and high-end department stores and cut discounting.

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Department Stores Fashion Contrast Planning 278

Inside Retail

SEPTEMBER 17, 2024

Earlier this month, several members of the Nordstrom family, including the company’s CEO Erik Nordstrom and president Pete Nordstrom, offered to acquire the legacy department store chain for US$3.8 The department store division has various structural challenges, while the off-price Rack division is starting to produce some good growth.

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Department Stores Apparel Accessories Accessories 130

Inside Retail

JULY 13, 2022

They think, ‘Oh, I’ll just go to a department store.’ IR: Can you tell me what that strategy looks like? Then we’ve done bus wraps, too, but most importantly, we’re tying all of that into a digital strategy with Google AdWords – retargeting, paid social. It’s only just beginning.

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Strategy Consumer Department Stores Other 130

Inside Retail

APRIL 29, 2021

Amazon.com has posted its fourth straight quarter of record profits, thanks to the global shift to online shopping during the Covid-19 pandemic. . The two-day online shopping event occurred in October last year due to uncertainty around the pandemic. “In billion on sales of US$108.5 billion on sales of US$108.5 Amazon’s Achilles’ heel.

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Department Stores Shopping Expansion Engagement 246

Inside Retail

FEBRUARY 27, 2024

This week, Macy’s announced plans to shut down 150 “underproductive” stores, more than one-fifth of its department store assemblage, over the next three years. We are making the necessary moves to reinvigorate relationships with our customers through improved shopping experiences, relevant assortments and compelling value.”

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Department Stores Location Planning Shopping 130