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How premium Japanese outlet Gotemba is bringing beauty to bargain shopping

Inside Retail

At the time of opening, it almost doubled the size of the largest existing outlet centre, and represented a tipping point for the factory outlet concept in Asia. The centre’s tenant lineup is a who’s who of high-end retail, featuring designers from all around the world.

Shopping 130
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Mmm, it’s the sweet smell of advertising success

Inside Retail

Secondly, it speaks to a certain level of digital preparedness from the retail industry when the pandemic struck – or at least the ability to change tactics quickly. . Some of the lift in retail sales we can also put down to a siege mentality in the face of uncertainty – remember when you couldn’t buy toilet paper for love nor money?

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Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

Vincom tries to cover itself with four tailored formats: Vincom Center, which is designed for high-density locations; Vincom Mega Mall, a retail/entertainment concept averaging about 110,000sqm of gross floor area (GFA); and Vincom+ and Vincom Plaza, two formats that are oriented toward smaller provincial cities. per cent.

Expansion 130
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How HomePro aims to grow in Thailand’s fragmented DIY market 

Inside Retail

The company believes sales are now on a sustainable pathway, following 7.5 per cent growth in 2022, bringing total retail sales to 65.1 This was a significant milestone because, after a slump lasting two years, it finally brought sales above the level of 2019. Net profit came in at 1.6 billion THB, or about $72 million.

Marketing 130
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What is Omni-channel Retail?

Retail Bound

Although many new product companies are finding success selling on Shopify or Amazon, online sales still only represent 20% of all retail sales, whereas offline channels like brick-and-mortar locations, catalog, TV Shopping and Reward and Incentive markets represent 80%.

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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.