Remove Expansion Remove Retail Marketing Remove Shopping
article thumbnail

How Saks Fifth Avenue is tapping into the power of personal shopping

Inside Retail

While the everyday consumer has become pri c e-sensitive with the growing costs of living in the US, the 1 per cent is still spending – to a point where the luxury shopping market has become more competitive than ever. What are the factors behind the Fifth Avenue Club’s rapid expansion? billion in 2024.

Shopping 147
article thumbnail

From China to India, how the world’s retail markets stack up: report

Inside Retail

Kearney, a renowned global consultancy firm, recently unveiled its latest findings in the 2023 Global Retail Development Index (GRDI) report , shedding light on emerging market potentials and strategic pathways for retail expansion. AI has significant potential to drive retail transformation. It was valued at $3.8

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

per cent, with the Plaza format, which accounts for about two-thirds of its shopping centre portfolio, sitting at 81.1 By the standards of world-class shopping centre operation, that’s a bit ordinary, and occupancy in the Vincom+ format is scruffier still, at 73.2 The total portfolio occupancy rate sits at 84.5

Expansion 130
article thumbnail

Lotte Duty Free wins Melbourne Airport rights

Inside Retail

Lotte Duty Free has inked a 10-year concession to operate duty-free shops at Melbourne Airport as part of its effort to further gain influence in Oceania as international travel resumes. The South Korean travel retail giant will begin operating its Melbourne Airport store on June 1.

Expansion 235
article thumbnail

After 10 years, Japan’s Aeon seems ready to conquer Vietnam’s regions

Inside Retail

A decade after making its debut in Vietnam, Japanese retail giant Aeon is making a move into regional towns, armed with 10 years of data about local consumer behaviour and a renewed commitment to what is now its second-largest international market. Not only in Aeon shopping centres.

Expansion 147
article thumbnail

How premium Japanese outlet Gotemba is bringing beauty to bargain shopping

Inside Retail

So much so that Gotemba’s most recent expansion was opened confidently in the middle of the pandemic, bringing its store floor area to 61,000sqm and its store count to 290. The centre’s tenant lineup is a who’s who of high-end retail, featuring designers from all around the world. Thus, three expansions at Gotemba.

Shopping 130
article thumbnail

Granado’s 154-year journey to bringing Brazilian fragrance to the world 

Inside Retail

From pharmaceuticals to fragrance Granado opened the doors to Brazil’s oldest pharmaceutical shop, which also served the Brazilian Imperial family, in Rio de Janeiro in 1870. The New York City store, located at 611 Madison Avenue in Midtown is the epitome of how Granado wishes to present itself to the American retail market, Sissi explained.

Expansion 130