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“Not surprised”: Experts react to Amazon’s reported department store plan

Inside Retail

On Friday, The Wall Street Journal reported that online retail giant Amazon is looking to open large bricks-and-mortar stores in the US to sell clothing, homewares, electronics and other products, much like a department store. And it would come at a time when some long-running department stores are closing up shop.

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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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Myer to close Blacktown store as downsizing plan continues

Inside Retail

Myer has announced the closure of its Blacktown store in Sydney’s outer west, a move that follows the reduction of footprints of five other stores across Australia. . Since then it has closed stores located at Logan, Hornsby, Emporium and – most recently – Knox, last August.

Planning 246
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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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Dyson launches new pioneering technology space in Harrods, London

Retail Focus

Dyson has unveiled its innovative new technology space in Harrods, Knightsbridge. Yvonne Foley, Senior Direct Retail Manager said: “ Dyson operates more than 300 Dyson stores worldwide, and our Dyson Demo store at the world’s leading luxury department store, Harrods will add to our growth plans for the future.

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‘Big plans’: Seafolly CEO talks international expansion

Inside Retail

“A majority of our customers start their journey with Seafolly online before heading into the store, providing our customers with a seamless omnichannel experience is a priority for us. “We We recognise the importance of the intersection of digital and physical experience, and we’ll continue innovating across both spaces.”.

Expansion 130
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Authentic Brands forfeits IPO plan after private deal

Inside Retail

Authentic Brands owns over 30 brands including Forever 21, Van Heusen and Volcom, and holds a retail portfolio spanning the luxury, specialty, and department store spaces. The post Authentic Brands forfeits IPO plan after private deal appeared first on Inside Retail.

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