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Department Stores – what does the future hold?

Retail Focus

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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Generative AI is supercharging retail, what does this mean for consumers?

Inside Retail

So as more and more retailers integrate the benefits of AI into their growth strategy, what will be next for this transformative technology? Today’s consumers are craving a truly unique shopping experience. The post Generative AI is supercharging retail, what does this mean for consumers? And how will it shape the way we shop?

Consumer 266
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Why luxury Aussie retailers are missing a major consumer segment

Inside Retail

Recent research has revealed that luxury Australia retailers aren’t doing enough to capture the attention of, and drive consumer spending by, migrants of Asian background and heritage. In order to do so effectively, she stressed the importance of understanding the various factors and intricacies that inform their consumer behaviour.

Consumer 263
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David Jones’ turnaround strategy buds as conditions normalise

Inside Retail

The department store giant’s adjusted operating profit rose 85.5 The first principle, knowing your customers, is incredibly important to a luxury department store business like David Jones, Fyfe said. The post David Jones’ turnaround strategy buds as conditions normalise appeared first on Inside Retail.

Strategy 130
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Myer’s latest trading update is a testament to putting the customer first

Inside Retail

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. It’s no secret that consumer-facing retail has had a tough year trying to stay price-competitive for customers. million and now account for 21.3

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Longchamp redefines its retail footprint with très chic Melbourne apartment

Inside Retail

Customer experience is almost as important to consumers as the product itself, and the experience of buying a luxury item directly from the designer is an area in which luxury brands are constantly investing. Longchamp manages 325 direct-to-consumer stores through 25 distribution subsidiaries around the world. billion in 2024.

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How Kim Kardashian’s Skims is taking on Australian retail

Inside Retail

And this spring, it will unveil a new global design concept through its latest retail partnership with Australian department store, David Jones. “We While Australian consumers can already buy these items from Skims’ global e-commerce site, this will be the first time they can touch or try on items before purchasing.