Inside Retail

FEBRUARY 8, 2024

Myer currently operates 56 department stores across Australia, as well as its online business and in-house brands including Sass and Bide, Marcs and David Lawrence. It’s no secret that consumer-facing retail has had a tough year trying to stay price-competitive for customers. million and now account for 21.3

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Inside Retail

FEBRUARY 25, 2024

L’Occitane purchased Dr Vranjes Firenze in January this year for a reported US$164 million, or approximately 12 times its core earnings, from Bluegum Capital Partners, a European private equity fund that specialises in consumer brands. Dr Vranjes Firenze was founded by Dr Paolo Vranjes in 1983 from a small shop in the heart of Florence.

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Department Stores Boutique Expansion Strategy 130

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. We are making the necessary moves to reinvigorate relationships with our customers through improved shopping experiences, relevant assortments and compelling value.”

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Department Stores Location Planning Shopping 130

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.

Department Stores 244

Department Stores Management Strategy Merchandising 244

Inside Retail

JULY 13, 2023

Consumers believe that sellers, distributors, and e-commerce stores share responsibility for ensuring product authenticity, with a desire for more ways to verify authenticity and reliable customer service. Our goal is to create a seamless shopping experience based on the foundations of great value, convenience, and trust,” he stressed.

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Consumer Shopping Department Stores Gifts 130

Inside Retail

JANUARY 21, 2024

Customer experience is almost as important to consumers as the product itself, and the experience of buying a luxury item directly from the designer is an area in which luxury brands are constantly investing. Longchamp manages 325 direct-to-consumer stores through 25 distribution subsidiaries around the world. billion in 2024.

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Department Stores Boutique Layout Art 262

Inside Retail

APRIL 12, 2023

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. Both strategies could work, in his opinion. “A billion, this still is a significant group.

Department Stores 261

Department Stores Strategy Consumer Marketing 261

Inside Retail

JULY 13, 2022

Australian omnichannel direct-to-consumer retailer Institchu has been offering made-to-measure suits since it launched 10 years ago, but now it’s on a growth trajectory, with the launch of its software-as-a-service product, Taper, and entry into new product categories. They think, ‘Oh, I’ll just go to a department store.’

Strategy 130

Strategy Consumer Department Stores Other 130

Inside Retail

MAY 8, 2024

I was a consultant at PwC in London before that, which gave me a strong foundation in how to approach business and strategy, but ultimately my short tenure there also made it clear to me that building my own thing was the way I needed to take my career. GG: We increasingly see consumers looking to be more conscious in how they shop.

Boutique 130

Boutique Hobbies Balance Fashion 130

Inside Retail

AUGUST 21, 2023

Featuring the brand’s NextGen store concept, the space was designed to redefine the Indian shopping experience. It’s all about growing the brand’s direct-to-consumer and omnichannel presence in the region. A changing mindset According to Jain, the consumer mindset in India has also undergone a profound evolution.

Department Stores 130

Department Stores Perspective Consumer Fashion 130

Inside Retail

APRIL 10, 2024

In an era marked by escalating living expenses and an ever-growing environmental consciousness, consumers worldwide are reshaping their purchasing behaviours, with potentially significant impacts on the retail industry. A birds eye view According to Zuniga, global consumer sentiment is increasingly prioritising sustainability.

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Marketing Consumer Social Media Shopping 130

Inside Retail

MAY 7, 2024

The silver economy could grow to as much as 10 per cent of GDP over the next decade and the Chinese Government is now busy trying to implement strategies to address the needs of the elderly. This is good news, particularly for department stores, whose traditional target customer is now getting on in years.

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Beauty and Health Fashion Department Stores Other 130

Inside Retail

APRIL 21, 2024

In the landscape of global commerce, few sectors evoke as much intrigue and promise as the consumer goods market in China. With higher than expected growth , a burgeoning middle class, and evolving consumer preferences, China stands at the forefront of the retail revolution. per cent and 6 per cent respectively. Two thirds (66.3

Department Stores 147

Department Stores Strategy Consumer Merchandising 147

Inside Retail

APRIL 8, 2024

In fact, every organisation I have ever worked with on their innovation and growth strategy, and virtually every senior leader I have ever advised, didn’t just say they want to change – they insist they have no choice. Bailing doesn’t fix the hole Let’s look at the troubled department store sector. you might ask.

Strategy 130

Strategy Department Stores Light Engagement 130

Inside Retail

APRIL 14, 2024

So, it came as a surprise to some when the LVMH-owned retailer announced on its Korean social media accounts that it would be gradually terminating all its operations in South Korea, including its app, online store, and physical stores, beginning May 6. billion in 2022, making the country one of the top 10 beauty markets in the world.

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Location Social Media Department Stores Marketing 130

Inside Retail

DECEMBER 17, 2023

Before the pandemic, the Chinese special administrative region had bucked global trends of declining demand for multi-brand department stores and ultra-luxury brands largely due to its attractiveness to high-spending mainland visitors. British luxury department store Harvey Nichols is at the forefront of the changes.

Department Stores 130

Department Stores Shopping Space Display 130

Inside Retail

SEPTEMBER 26, 2021

“From subtle living room updates to kitting out our new home office spaces, there has been an understandable and undeniable growth in consumer appetite to elevate our spaces while so many of us have been spending more time at home,” Burchell told Inside Retail. “As

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Fashion Department Stores Space Gifts 246

Inside Retail

JUNE 7, 2021

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 Food strategy in SA. Woolworths SA has 731 stores in South Africa (as of June 2020) and operates in 11 other African countries as well as having a strong online presence.

Department Stores 246

Department Stores Strategy Planning Merchandising 246

Inside Retail

DECEMBER 10, 2023

Bergh, who has served as president and CEO of Levi Strauss & Co since 2011, is reflecting on his legacy as he prepares to hand over the reins of the $6 billion global business to his successor Michelle Gass, the former CEO of American department store chain Kohl’s, who joined Levi’s earlier this year. It was pivotal,” he says.

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Inside Retail

NOVEMBER 8, 2022

Amazingly, the savage string of rate rises so far this year doesn’t seem to be affecting the shopping habits of Aussies overall, although there has been a dip in sales figures for household goods (down 0.8 per cent) and department stores (down 0.4 Follow the Facebook groups and listen to your customers as they visit your store.

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Retail Sales Advertising Consumer Department Stores 246

Inside Retail

NOVEMBER 16, 2022

Akeroyd, who took over in April, will present his strategy alongside first-half results that will show the lingering impact of lockdown restrictions in China, Burberry’s biggest market. He raised prices, limited distribution to its own shops and high-end department stores and cut discounting.

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Department Stores Fashion Contrast Planning 278

VMS

JANUARY 20, 2023

“Jason is a seasoned leader with a proven track record and expertise in creating digital experiences that delight consumers, and I have no doubt that he will help us accelerate our strategies to digitally transform the company and be direct-to-consumer (DTC) first,” Chip Bergh, President and CEO at Levi Strauss & Co.

Department Stores 92

Department Stores Apparel Strategy Consumer 92

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. Its location in Taipei was designed after careful consideration of Shin Kong Mitsukoshi A8 shoppers.

Department Stores 130

Department Stores Location Expansion Concept 130

Inside Retail

SEPTEMBER 13, 2022

Australian retailers generally fared well over the last 18 months during the Covid-19 pandemic, despite temporary store closures as part of government-imposed lockdowns, although headwinds may be on the horizon. A look at consumer sentiment and spending . Consumer sentiment fell by 3 per cent to 81.2 Retail sales increased by 1.3

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Consumer Department Stores Retail Sales Apparel 278

RetailMinded

DECEMBER 26, 2023

The backbone of retail was once built on the backs of brick-and-mortar stores but the fast rise of e-commerce broke that back. Consumer behaviors changed greatly and at an incredible pace. New strategies are breathing new life into this traditional shopping experience, underscoring their continued relevance in the retail world.

Shopping 64

Shopping Strategy Department Stores Consumer 64

Inside Retail

JANUARY 9, 2024

billion , is witnessing a paradigm shift as consumers seek convenient paths to health and well-being. The Watsons partnership Haircarebear’s partnership with Watsons Malaysia will see its products introduced in all of the retailer’s physical outlets and online shopping platforms. The Malaysian market is dynamic and highly competitive.

Beauty and Health 130

Beauty and Health Expansion Consumer Marketing 130

Inside Retail

JUNE 17, 2021

With the coronavirus outbreak forcing retailers to shift their companies’ operations, fast-track digital transformations, and reimagine strategies and business models, it is important for employees to have excellent digital skills, talent in storytelling, and the savviness to easily adapt. “I Creativity and talent for storytelling.

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Reimagine Fashion Department Stores Consumer 211

Inside Retail

AUGUST 7, 2023

Compared to more traditional forms of advertising, retail media is touted as a more targeted, less wasteful form of customer acquisition: if someone is already shopping on a retailer’s website, they’re likely looking to buy, or to learn more about products that they’re considering purchasing. And it’s a big business. billion. “We

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Advertising Social Media Form Marketing 243

Inside Retail

FEBRUARY 21, 2023

In some cases, the failed Australian ventures were part of a flawed strategy to breathe growth into struggling home market operations. British department store chains Marks & Spencer and John Lewis have both similarly opted not to launch Australian operations after testing the waters with local partners.

Department Stores 245

Department Stores Marketing Location Space 245

Inside Retail

FEBRUARY 5, 2024

per cent, department stores up 3.6 Those results, both up more than 4 per cent year-on-year, stand in stark contrast to consumer sentiment and customers reeling from sky-high grocery prices. The Group pointed the finger at low consumer sentiment and a weak household savings rate. per cent while other retail was up 0.9

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Advertising Department Stores Contrast Retail Sales 130

Inside Retail

JUNE 30, 2021

The retail industry in Malaysia has struggled during Covid, but shopping centre Pavilion in Kuala Lumpur has continued to find a way to reach consumers. It’s encouraging to observe similar trends in countries like China, where trends such as “revenge shopping” are aiding the country’s speedy economic recovery.

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Department Stores Shopping Layout Outdoor 246

Inside Retail

APRIL 12, 2022

As Japan’s Aeon Mall sets out to conquer the hearts, minds and wallets of consumers in Southeast Asia, it is finding that quality rather than quantity is where the emphasis has to be. The mall will have almost 100,000 square metres of gross leasable area and 250 shops. Malls: the Homogeneity Problem. Vietnam is the big prize.

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Tailored Department Stores Balance Shopping 130

Inside Retail

AUGUST 28, 2022

Inside Retail: Your homewares brand In the Roundhouse started as a side hustle, but now it’s stocked in major department stores, such as DJs and Liberty. Through previous brand experience with TDE, influencer lunches, dinners and shoots I knew that brands that worked well for creating Instagram content resonated with consumers.

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Social Media Department Stores Marketing Perspective 130

Inside Retail

APRIL 13, 2021

Globally, the retail sector has been undergoing a significant transformation marked by a shift towards online commerce, evolving consumer habits and increased competition due to easy access to international retailers. In April alone, online spend was up 56 per cent on the previous year, while in-store was down by 41 per cent.

Department Stores 130

Department Stores Consumer Strategy Shopping 130

Inside Retail

SEPTEMBER 25, 2023

Founded in 2005, the group has successfully built a conglomerate that speaks to the heart of Indonesian consumers. Some of his key experiences revolve around utilising data-driven insights and Artificial Intelligence (AI) to create tailored shopping experiences.

Tailored 130

Tailored Strategy Engagement Accessories 130

Retail Design Institute

JANUARY 10, 2022

Areas include Brand & Brand Activation; Consumer Products & Lifestyle; Food & Beverage; Service Retail and Unbuilt/Conceptual. Theoretical works can include Unbuilt | Conceptual spaces or Strategy | Thought Leadership.

Design 52

Design Department Stores Art Shopping 52

Inside Retail

AUGUST 1, 2023

AI already plays a crucial role in our digital strategy. Axel Winter, chief executive officer of Pivot Digital Pte Ltd Expanding functionality According to Winter, the OneSiam app already caters to a diverse customer base in Bangkok, including a new generation of consumers. Axel Winter, chief executive officer of Pivot Digital Pte Ltd.,

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