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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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David Jones is the latest department store to embrace resale. Here’s why

Inside Retail

Australian department store David Jones has become the latest retailer to sell pre-owned clothing following the announcement of its partnership with Sydney-based luxury reseller Blue Spinach last week. It also offers second-hand items in its London flagship store through a partnership with online resale platform Vestiaire Collective.

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“We are optimistic”: Heinemann Australia MD talks new store formats

Inside Retail

Set to launch in July 2023 – after the opening of the new luxury precinct at terminal one (T1) – Heinemann is pioneering the department store concept inside domestic terminal two (T2) and three (T3), with the retail mix curated to reflect each terminal’s passenger base.

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“An experience on every floor”: David Jones unveils Bourke Street revamp

Inside Retail

David Jones on Wednesday unveiled the final stage of the $50 million revamp of its Bourke Street flagship store in Melbourne, which includes innovative spaces for luxury brands and a world-class sunglasses destination on the ground floor, as well as a pop-up bar on level two. For us, it’s about curating [all] that together.”.

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Why major US retailers are backing Black-owned brands

Inside Retail

US department store Nordstrom has teamed up with Instagram page-turned-online marketplace Black Owned Everything to spotlight four up-and-coming Black-owned fashion and accessories brands alongside global sneaker giants Nike and Jordan as part of its Nordstrom x Nike initiative.

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Analysis: Why Harvey Nichols’ new NFT retail space is “a wildly clever idea”

Inside Retail

Luxury department store Harvey Nichols recently announced the opening of the first blue-chip non-fungible token (NFT) retail space at its Pacific Place Hong Kong store. The innovative concept named ‘HN NFT Vault’, invites customers to browse and purchase digital art NFTs from a curated selection of globally recognised projects.

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Can a Blundy-owned Best & Less take on Kmart and win?

Inside Retail

Plans to proceed with the appointment of Erica Berchtold, soon-to-be CEO of B&L Group, and current CEO of The Iconic, suggest that widening the brand’s appeal and meeting the value aspirations of a broader group must be on the cards. Better at acquiring and curating ranges and better at sourcing and managing the supply chain.

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