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

Inside Retail

Macy’s has been stepping up to the plate with a series of new moves, from the expansion of its smaller-footprint stores, to a new digital fashion platform targeting younger shoppers. But while these initiatives sound promising, the question remains: can the department store chain truly adapt to the needs of the modern-day consumer?

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Showfields and the bankruptcy of the ‘most interesting store in the world’

Inside Retail

Showfields closed its Miami and New York City locations in July and September, respectively. It has three remaining bricks-and-mortar locations, in Los Angeles, Washington DC, and Brooklyn. The Brooklyn store will be expanded by 2,500 sq feet, to 14,000 sq feet, to accommodate brands relocating from the two stores that closed.

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An outdoor park and walking track: Inside Aeon’s latest mall in Cambodia

Inside Retail

The location of the new mall ensures that Aeon gets a slice of the booming and until recently under-retailed southern section of Phnom Penh strung out along the north-south-running Hun Sen Boulevard. Both Glam Boutique and Aeon Wellness are well established in neighboring Vietnam, where there are eight stores.

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The lowdown on Central Group – reported new owner of Selfridges

Inside Retail

The Westons are said to be seeking £4 billion for their European department store assets, including Selfridges’ four stores in the UK, Brown Thomas and Arnotts in Ireland, and De Bijenkorf in the Netherlands. Central’s superregional malls and department stores are ubiquitous in Thailand. billion (AU$3.72

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Bullring & Grand Central secures 27,500 sq ft JD Sports upsize for Summer 2023

Retail Focus

Amid an evolving retail landscape, Bullring & Grand Central has continued to attract household names as well as young, cool digitally native brands, while repurposing legacy space with innovative new concepts including entertainment.

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Why so many global brands fail in Australia

Inside Retail

Even prime locations, local partners, name recognition and often a portfolio of new merchandise brands haven’t kept Australia from becoming a dead end for some major international retailers. In some cases, the failed Australian ventures were part of a flawed strategy to breathe growth into struggling home market operations.

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Macy’s Plans ‘Backstage’ Shop-in-Shops

VMS

Macy’s (New York) has announced plans to open 45 Backstage shop-in-shops in select Macy’s locations in 10 different states this year, according to Retail Dive. Morgan’s 7 th annual Retail Round-Up conference that the department store company was planning more standalone Backstage stores in addition to the shop-in-shops.