Remove 2022 Remove Expansion Remove Location Remove Retail Marketing
article thumbnail

Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

Bear in mind, though, that the bar was set low because leasing revenue in the first quarter of 2022 fell 27 per cent from the corresponding period in 2021.) Total GFA is now 1.747 million sqm, up 6 per cent from a year ago, but vacancy across the portfolio outside of prime CBD locations remains a problem. So far, it’s doing the trick.

Expansion 130
article thumbnail

Retail at the end of the world: How JB Hi-Fi aims to disrupt the NZ market

Inside Retail

Australian consumer electronics giant JB Hi-Fi announced a major expansion of its New Zealand operations last week , unveiling plans to double its store count in the next three to five years. The group eventually decided to “double down” on the New Zealand market, and invest in building it up as the broader retail market recovered.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Macy’s store closures: a necessary step or the wrong move?

Inside Retail

With the closure of the underperforming stores, Macy’s explained it would be concentrating on luxury shopping offerings moving forward which includes opening 15 Bloomingdale’s stores and 30 Bluemercury cosmetics locations in the next three years. It challenges the status quo to create a more modern Macy’s, Inc.… Where did Macy’s go wrong?

article thumbnail

India’s DTC boom: Fuelled by technology and Millennials

Inside Retail

Brands such as Boat, Wow Skin Science, Sugar Cosmetics, Lenskart , Licious, and Mamaearth have carved out a niche in the Indian retail market by connecting directly with consumers. Estimates suggest that India is now home to over 800 DTC companies, with the ecosystem’s market value reaching about US$12 billion in 2022.

article thumbnail

How premium Japanese outlet Gotemba is bringing beauty to bargain shopping

Inside Retail

Snuggled in a forest at the foot of Japan’s Mt Fuji, Gotemba Premium Outlets is in a location that is picturesque, to say the least. It takes a great centre to do justice to the location alone, and Gotemba qualifies. The centre’s tenant lineup is a who’s who of high-end retail, featuring designers from all around the world.

Shopping 130
article thumbnail

Locals rebuff invaders: Inside Vietnam’s convenience stores war

Inside Retail

By nature, the convenience store industry is highly profitable, with fatter margins than supermarkets driven by location and being a ‘quick fix’ for daily needs. By October 2019, South Korean companies were described by Korea Bizwire as “engaged in a fierce battle with Japanese rivals” in Vietnam, which it likened to a “post-China” market.

Marketing 130