Inside Retail

JUNE 9, 2021

Fast-growing Australian online retailer Canningvale plans to relaunch the iconic Singaporean department store Robinsons as an online-only business this month after acquiring the company’s digital assets for an undisclosed sum. Some of the brands have a history with Robinsons, while others are new to the department store. .

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Inside Retail

FEBRUARY 27, 2024

This week, Macy’s announced plans to shut down 150 “underproductive” stores, more than one-fifth of its department store assemblage, over the next three years. The closures are a part of the retailer’s plan “to create a more modern Macy’s, Inc. per cent of its workforce. In December, Macy’s received a $5.8

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Inside Retail

FEBRUARY 1, 2024

The high perfumery now has six global flagships with plans to open another four locations within the APAC region over the next 12 months. Niche fragrance brands are entering the Australian market and are catering to most budgets and ethical preferences with brands such as budget-friendly Àerre and vegan Who is Elijah.

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Inside Retail

SEPTEMBER 16, 2021

Myer’s online sales have more than doubled since John King took over running the department store in 2018, and the CEO believes they can double again to reach $1 billion in the not-too-distant future. But while online sales boomed in FY21, Myer’s in-store sales suffered from forced closures during lockdown. Myer reported $539.5

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Inside Retail

FEBRUARY 25, 2024

Dr Vranjes Firenze’s launch in the Australian market last December through a partnership with David Jones could be a sign of further global expansion to come, following L’Occitane Group’s recent acquisition of the luxury Italian home fragrance brand. Its work with premium Australian department store chain David Jones is an example of this.

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Inside Retail

DECEMBER 20, 2022

A fundamental question about the future of David Jones was put to rest this week, after the retailer’s parent company Woolworths Holdings announced the sale of the department store chain to Australian private equity firm Anchorage Capital Partners on Monday. Growing in a shrinking market.

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Inside Retail

NOVEMBER 2, 2023

Despite the efforts that go into planning, maintaining and marketing local shopping areas, the people who use these places are often not consulted about what they actually want and need on their main street. We wanted to find out what consumers see as their ideal local shopping street. What are the key shops and services?

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Inside Retail

NOVEMBER 8, 2022

And it supplies to department stores, such as David Jones, Myer, Kmart and Big W. We have 75 per cent market share of sporting equipment in boxing, so online is a growing area that exploded during Covid-19, as everyone was setting up home gyms,” Norton said. “We According to Norton, Designwoks plans to expand in four key areas.

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Inside Retail

APRIL 12, 2023

In recent years, India has emerged as a major market for luxury brands. The country’s growing economy and expanding middle class have created a favourable environment for global brands to set up shop and tap into a new consumer base. billion Direct-to-Consumer (D2C) shipments by 2030.

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Inside Retail

JUNE 30, 2021

From using non-toxic paint in stores to digitising documents to avoid paper waste, more businesses are taking steps to make their physical operations more sustainable. That includes the Japanese department store chain Takashimaya. Takashimaya opened its first store in Kyoto, Japan, in 1831, selling gofuku (formal kimono).

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Inside Retail

SEPTEMBER 26, 2021

For the past few weeks, reports tha t Amazon is planning to open mini-department stores in the US have been making headlines and capturing industry attention, despite the lack of details and comment from the e-commerce giant. . Replicating the online experience in-store. In China, it’s all quite new.

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Inside Retail

DECEMBER 11, 2023

Since the retailer’s establishment in 1858, Macy’s has become one of the most well-known department stores in the US, if not the world. Like many retailers, both in the US and internationally, Macy’s has been impacted by the decline in consumer interest in shopping in traditional department stores amidst the rise of online shopping.

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Inside Retail

AUGUST 11, 2022

Department store giant David Jones unveiled the latest Spring/Summer collections this week in its Elizabeth Street flagship in Sydney. The runway featured local and international brands such as Aje, Camilla and Marc, Hugo Boss, P.E. Nation, Carla Zampatti, Matteau, Balmain, Balenciaga and Alexander McQueen.

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Inside Retail

MAY 8, 2024

The UK-based online platform for independent and ethical brands Wolf & Badger opened its first bricks-and-mortar location in London in 2010, before adding stores in New York in 2017 and Los Angeles in 2022. Today, the US is its largest market. GG: We increasingly see consumers looking to be more conscious in how they shop.

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Inside Retail

SEPTEMBER 6, 2023

And the latest global research from ESW shows that 73 per cent of Millennial shoppers plan to spend the same or more online this year, making this generation the leader in global e-commerce spending. So how can retailers capitalise on the Millennial market and what drives this generation’s interests? And, why wouldn’t they?

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Inside Retail

OCTOBER 31, 2023

However, last month Designworks, the wholesale arm of Brand Collective, a leading house of lifestyle brands in Australia, announced that it was relaunching Pavement in the marketplace through the discount department store Big W. Are there plans for expansion beyond this partnership?

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Inside Retail

APRIL 17, 2023

All that combines to shift the mindset of consumers to what we call ‘mindful consumption’. Last month, the department store reported its highest interim profit since 2014. And you’ll need a pre-planned mechanism to achieve that. And we predict the influence of the mindful consumer will last for a long period of time.

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Inside Retail

NOVEMBER 16, 2022

Burberry’s new chief executive Jonathan Akeroyd will on Thursday set out his plan to finish the job started by his predecessor: boosting growth at the British luxury brand to the levels of its European rivals. He raised prices, limited distribution to its own shops and high-end department stores and cut discounting.

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Inside Retail

MAY 18, 2021

Australian discount department store business Best & Less plans to raise about $72.3 The retailer aims to list on the Australian Securities Exchange (ASX) in mid-June with a market capitalisation of $271.2 million through an initial public offering at $2.15 So best quality and lowest price.”.

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Inside Retail

AUGUST 3, 2022

The discount department store has just launched its first range of DIY products, including wallpaper, flooring, curtains, blinds, furniture paint and adhesive tiles, with the aim of making it easier than ever for customers to hack its products. Australia’s home improvement market is valued at $26 billion, according to IBISWorld.

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Inside Retail

DECEMBER 14, 2022

Both brands were able to maintain their wholesale relationships, with Bardot seeing a different type of consumer on its websites, compared to in-store, prior to the closure of its 72 stores in 2019. We’re looking to expand [Bardot Junior] through these department stores, [as well as] through our digital channels,” he said.

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Inside Retail

AUGUST 29, 2023

I came away with an anecdote that sums up the conundrum facing retailers and marketers today. Research by Glow shows consumers expect retailers to lean in, both to address environmental challenges and to act as good corporate citizens. In contrast, department stores and fashion retailers, with notable exceptions (e.g.,

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Inside Retail

JANUARY 15, 2023

Anchorage struck gold with the $20 million acquisition of the Dick Smith consumer electronics chain from Woolworths Group in November 2012. Woolworths had written off more than $420 million restructuring the business, which was Australia’s largest consumer electronics chain by store count. No more balance sheet shuffle .

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Inside Retail

JUNE 7, 2021

Since March, David Jones has closed three of its food stores and in recent weeks, it announced that it was ending its partnership with convenience chain BP. The Woolworths Holdings boss attributed the downfall of David Jones Food to a failure to adapt the Woolworths food strategy to the Australian market. “I Flawed from the outset”.

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Inside Retail

OCTOBER 14, 2021

JM: I definitely didn’t have a grand career master plan. What I enjoy doing is identifying what’s unique about a business almost irrespective of the category, and working out how we can own that USP and make it best-in-class for the consumer. PZ: Were you naturally an ambitious person?

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Inside Retail

MARCH 10, 2022

After a rollercoaster six months of lockdowns, Christmas and Omicron, department store Myer yesterday delivered a strong half year result with net profit up 55 per cent and its first dividend payment since FY17. We know the program is a highly valuable differentiator in the market.”. Loyalty is king.

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Inside Retail

MARCH 8, 2023

But he believes that the company’s impressive sales growth is set to continue as it emphasises the initiatives that underline its ‘Customer First Plan.’ They include the refurbishment of its store network, the rollout of its national distribution centre , and the relaunch of Country Road Group in July this year. per cent to almost $1.85

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Inside Retail

JANUARY 23, 2022

The first store will open later this year at The Americana at Brand, a shopping centre in Los Angeles, and reportedly be around 30,000 square feet – much smaller than a typical department store, which is around 100,000 square feet. Amazon has not shared the names of any labels that it plans to carry in the store. “It

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Inside Retail

NOVEMBER 8, 2022

per cent) and department stores (down 0.4 Aussie consumers appear to be still spending those cash reserves built up over the Covid years, engaging in some sort of short-term gratification, turning to retail therapy to deal with the news of impending crises. . per cent bump. I’d say it’s a little more complex than that.

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Inside Retail

FEBRUARY 21, 2023

They arrived with great fanfare but many international retail brands have found the Australian retail market has been a graveyard. 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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Inside Retail

JUNE 22, 2021

They want to be marketed to with honesty and respect for who they are with pictures they can relate to,” Rebecca Wilson, the founder and CEO of Starts at 60, told Inside Retail. Many marketers think they need to use ‘aspirational images’ but this generation actually wants to see relatable, not aspirational marketing,” she said.

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Inside Retail

OCTOBER 27, 2022

Woodall told Inside Retail that she ultimately plans for the business to have five verticals, and that she can achieve this without raising any additional capital externally. “We million, a fraction of the amount that many other direct-to-consumer businesses have raised to achieve a similar annual revenue.

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Inside Retail

APRIL 9, 2024

The opportunity retailers are leaving on the table goes well beyond customer retention, it’s the opportunity to generate incremental customer retention that targets consumers who chose to opt into the brand. Today Myer One boasts more than 7 million accessible members and 4.3

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Inside Retail

FEBRUARY 19, 2024

Spearheading this move are two flagship stores nestled in prime locations: one at the prestigious Shin Kong Mitsukoshi department store in Taipei’s vibrant Xinyi Xintiandi district, and the other at the iconic Dubai Mall. If I can’t find something on the market, I create it.

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Inside Retail

JUNE 24, 2021

“This will allow us to improve the quality of our brand activations within Woolworths and drive greater strategic alignment across all consumer touchpoints,” Shedden said. He will be reporting to Jodie Koning, Cartology head of Marketing and Insights. International Group of Department Stores appoints new president.

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Inside Retail

AUGUST 7, 2023

After first appearing in the United States and United Kingdom, retail media has started to gain a foothold in the Australian market. According to owned-media company Sonder, the Australian retail media market is worth $3.9 That rich customer data can help drive a more strategic marketing campaign for our partner brands.”

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Inside Retail

JUNE 1, 2021

Clinique and design agency Uxus collaborated on the store’s futuristic design and technologies such as face scanning, diagnostics application and Clinique Clinical Reality. Each zone within the store is designed to promote play and interaction while also providing bespoke skincare and beauty solutions.

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