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Why Sephora’s French prestige failed to translate in South Korea

Inside Retail

So, it came as a surprise to some when the LVMH-owned retailer announced on its Korean social media accounts that it would be gradually terminating all its operations in South Korea, including its app, online store, and physical stores, beginning May 6. billion in 2022, making the country one of the top 10 beauty markets in the world.

Location 130
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From mini stores to the metaverse, will Macy’s new moves pay off?

Inside Retail

But while the brand enjoys strong recognition with both Americans and international consumers alike — thanks to its iconic flagship store located in the heart of New York City’s Herald Square and the Thanksgiving parade it hosts every year — that hasn’t necessarily been helping the retailer survive the tough retail market.

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FASHION HOUSE opens €25m outlet centre in Bucharest

Retail Focus

With an open-air gallery, FASHION HOUSE Pallady features a design concept inspired by Bucharest’s Belle Époque architecture with bohemian streets for customers to enjoy shopping and natural sunlight. per cent against the first quarter of 2019 ( National Institute of Statistics). The country’s GDP increased by 0.3

Fashion 162
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Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

Footfall was finally almost back to 2019 levels in the first quarter, with 47 million visitors. The vacancy headache Being the dominant mall operator in a developing nation of 100 million is an impressive achievement that also carries some perils not so salient in mature markets. The total portfolio occupancy rate sits at 84.5

Expansion 130
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Locals rebuff invaders: Inside Vietnam’s convenience stores war

Inside Retail

Figures from Euromonitor show that the number of convenience stores in Vietnam increased from just 565 in 2014 to 1289 by 2019 when revenues reached US$103 billion. The key players at the time were FamilyMart, Circle K, and B’s Mart, with market shares of 21.4 per cent share of the convenience-store market with around 140 stores.

Marketing 130
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The Pop-Up Experience

Retailing Insight

The Concept. The pop-up or flash retailing market in the United States is estimated to be a $50 billion industry, and it’s for good reason. Yet, even these seemingly more costly and imaginative endeavors pale in comparison to the price of adding store locations. They can also get increasingly creative.

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5 Best Experiential Retail Examples

Greater Group

The purpose of this concept is thus recreational rather than commercial. Experiential retail has developed out of the need to adapt to the changing market due to the rapid growth of the online market. 5 examples of retailers who have implemented the retailtainment concept in their stores. STORY at Macy’s.