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Why international stores are key to Costco’s future growth

Inside Retail

Newer stores are not as productive as older ones, indicating that the concept is approaching saturation or already there in the US and Canada, where Costco has most of its locations. While the average store produced US$252 million in net sales in 2023, stores that were opened in 2014 or before generated an average of US$268 million.

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Meet Missfresh, the Chinese grocery retailer offering 30-minute delivery

Inside Retail

Here, we chat with Missfresh about how the DMWs operate, how it’s digitalising fresh markets and its plans for the future. Can you explain a bit about how Missfresh has grown in popularity since launching in 2014? We set up DMWs, which are located near residential communities or office buildings.

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Storytelling in retail design

CAAD

It is one of the most powerful strategies in good marketing planning: telling stories that create an impact on the consumer’s mind and connect directly with them. . Contrast, colour and customer traffic control inside and/or outside the shop can be used to direct a person to the most important parts of the store.

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Exploring Seoul’s trendsetting street style and cafe culture 

Inside Retail

Source: Supplied Ader Error, Hongdae: Streetwear meets art (IYKNK) Well-loved by K-pop stars, this local unisex streetwear brand was born in Seoul in 2014 and since then it has collaborated with retail giants like Puma and Zara and stocked at major international retailers. Cafe Onion, located in the “Brooklyn” of Seoul.

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