The Department Store dilemma

Retail Focus

Unfortunately for many department stores, the pandemic has been a final blow in the battle with online retail, spiralling real estate costs and difficulty serving up physical retail that is consistently experiential, engaging and adaptable.

How Korea’s big 3 department stores are killing it right now

Inside Retail

First quarter results for calendar year 2022 are in for the three biggest Korean department store retailers, and the numbers are encouraging. Collectively, the domestic department stores of the three companies brought in net sales of 1.9

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Amazon to test department stores in offline expansion

Inside Retail

Amazon.com is to open several department stores in its home US market to test the concept as it continues to build out its multichannel business model. Department stores’ share of the overall US market has fallen from 14.5

How Malaysian department store Pavilion is connecting with customers

Inside Retail

Businesses that offer customers both physical and online store options tend to see higher customer engagement and sales. per cent (RM95 billion in total retail sales), and all retail sub-sectors such as fashion, department stores and grocery are expected to rebound.

Even Japan’s Takashimaya can’t escape department stores’ woes

Inside Retail

We have ‘iconic’ shopping centres, ‘iconic’ retail stores, ‘iconic’ restaurants, ‘iconic’ hotels, ‘iconic’ rock groups. But Takashimaya, a retailer of 1831 vintage and still the largest department store chain in Japan, is surely genuinely deserving of the word.

Multi-dimensional, story-telling design for South Korea’s largest, luxury department store

Retail Focus

Lotte enlisted London luxury retail designers Shed , known for a distinctly contemporary and progressive international design style, to reimagine a ‘different kind’ of department store, Lotte’s first major project in 7 years. News Projects Property Lotte Department Store Shed Design

Myer board spill avoided as the department store gets two new directors

Inside Retail

Department store Myer failed to avoid a second strike after its Remuneration Report received only ~65 per cent of shareholder votes, triggering a board spill that was ultimately avoided. Business Department stores Featured Post HR Latest Management Sectors Myer

Selfridges: Why the best department store in the world is up for sale

Inside Retail

Why would the owners of Selfridges, generally considered to be the world’s best department store, decide to sell the business? Umbers sees room to improve the way Selfridges’ digital and physical stores work together.

Kohl’s to Pivot from Department Stores

VMS

Kohl’s (Menomonee Falls, WI) announced a bold change of direction on Monday, saying it wants to pivot from a department store into “a focused lifestyle concept,” Retail Dive reports. Remodeling existing stores when a new Sephora shop-in-shop is introduced.

A-COLD-WALL* Lotte Department Store, Jamsil, Seoul set to launch

Retail Focus

A-COLD-WALL* has announced the launch of a second Seoul concept store-in-store this month. Located on the fourth floor of the storied Lotte Department Store, part of the MAN’s fashion division, this new site brings to life Samuel Ross’ singular vision across fifty-three square metres.

Analysis: How Australian department stores can thrive in a post-Covid world

Inside Retail

Those brands that have avoided bankruptcy have often been forced to undertake aggressive cost reduction and store closures. Create differentiated in-store experiences. Australian department stores should feel optimistic about the future.

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.

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. The post David Jones is the latest department store to embrace resale.

Daejeon Shinsegae Art & Science department store by Jeffrey Hutchison & Associates

Retail Design Blog

As one of South Korea‘s leading department stores, Shinsegae is a fixture in the country’s retail landscape, operating a string. store design department store marble flooring mosaic floor

Would you get married in a department store? Selfridges says ‘I do’

Inside Retail

Selfridges has just raised the bar when it comes to giving customers an experience they’ll never forget with the launch of micro-weddings at its London store this summer. A part of that narrative has been to move to experiential retail and maximise its unique offerings and services in-store.

OMA Completes First Quadrant of KaDeWe Department Store in Berlin

Retail Design Blog

The first quadrant of OMA’s Berlin KaDeWe department store transformation opened its doors to the public, revealing a new approach. store design department store staircase

“Candy Department Store” Is a Thrill for Sugar Seekers

VMS

is a store straight from your childhood dreams. It follows in the footsteps of its predecessor, the American Dream store in East Rutherford, N.J., which is dubbed the first ever “candy department store.”. “At I T’SUGAR (Deerfield Beach, Fla.)

Department Store Offers Shoppers a Calming, Biophilic Space

VMS

Originally scheduled for an October 2020 opening, the seventh location for this family-run department store was caught in the middle of the global predicament – to build or not to build, to cancel or push on? Opening any store requires an exact timeline.

Lotte department store by Betwin Space

Retail Design Blog

store design department store display cabinets plantsSituated just north of Busan‘s port district, the leafy Dongnae area is not only where many of the city’s well-heeled.

OMA adds wood-clad escalators to KaDeWe department store in Berlin

Dezeen

Architecture studio OMA has revealed images of the first completed part of its renovation of Berlin department store KaDeWe, a retail and event space connected by wood-clad escalators. The quadrant encompasses the beauty department. The department store is located in Berlin.

Amazon Opening New Retail Experience, Similar to Department Store

VMS

Seattle) has announced its intentions to open a new retail experience, similar to a department store, The Wall Street Journal reports. There’s no official confirmation of what the company plans to sell in store, but speculation is that their own private labels will be heavily showcased.

Inside Mosaic’s pivot from specialty fashion to digital department store

Inside Retail

Mosaic Brands is seeing positive results from the implementation of a digital department store strategy across several of its core apparel brands, including Noni B, Rivers, Millers and Katies. Mosaic’s department store move isn’t exactly unique in the fashion industry.

la samaritaine department store renovation by SANAA opens in paris

Design Boom

The post la samaritaine department store renovation by SANAA opens in paris appeared first on designboom | architecture & design magazine. the extensive renovation includes a new undulating glass-clad structure by SANAA and gorgeous redesigned interiors by yabu pushelberg.

Amazon’s New Department Stores: Robots and 4 More Things to Expect

VMS

The retail and tech punditry were abuzz following a recent report from The Wall Street Journal (subscription required) spelling out what Amazon (Seattle) has planned for its department stores, the e-commerce giant’s latest foray into brick and mortar.

Leaf-shaped aluminium panels cover ceiling of Tokyo department store

Dezeen

Japanese studio Lighting Planners Associates lit a white tree-like canopy for the interior refurbishment of the historic Nihombashi Mitsukoshi Main Store in Tokyo. The first floor of Nihombashi Mitsukoshi Main Store has been refurbished.

Harvey Nichols Hong Kong launches world-first NFT retail space

Inside Retail

Harvey Nichols has introduced the world’s first blue-chip non-fungible tokens (NFT) retail concept space located inside a luxury department store dubbed ‘HN NFT Vault’ at the retailer’s Pacific Place store in Hong Kong.

Big W launches toy recycling program through its entire network

Inside Retail

Discount department store Big W has partnered with recycling platform TerraCycle to launch a toy recycling scheme in all 176 stores nationwide. After a trial in limited stores, the retailers’ Toys for Joy program collected over 18 tonnes of old toys.

Oslo’s luxury department store Steen & Strøm relaunches following major NOK 300m upgrade

Retail Times

Oslo’s luxury, contemporary department store Steen & Strøm, which is managed by Promenaden Management, has officially relaunched following a major NOK 300 million (£25.7 The completed investment works to the more than 220-year-old iconic department store include a brand-new entrance onto Norway’s busiest shopping street for the first time in its history, a state-of-the-art beauty hall and upgraded architecture which introduces a stunning new atrium.

CBRE Global Investors signs Know The Origin, sustainability focused department store, at Angel Central in Islington

Retail Times

CBRE Global Investors has announced that sustainability-focused department store, Know the Origin, has opened its latest pop-up and first zero-waste store at community-led retail and leisure destination, Angel Central.

Harris Scarfe opens two stores in Melbourne’s north

Inside Retail

Australian department-store Harris Scarfe will open two new stores in Melbourne on April 7. Harris Scarfe CEO Graham Dean said the new stores will be a ‘welcoming boost’ for the economy. . Department stores Openings & closings Sectors Stores Top Stories Harris Scarfe

David Jones struggles through a tough first half

Inside Retail

Lockdowns and store closures have severely affected David Jones’ first-half performance, with sales turnover and concessions declining by 9.2 Store closures and space reductions contributed to a fall in expenses by 1.8 per cent for the half with comparable-store sales dropping by 3.2

Amazon’s plans for cashierless department store will send ripples through retail sector, says software specialist

Retail Times

Amazon's plans to open several department-style stores across the US, offering consumers the chance to physically shop for clothing, household items, electronics, and other popular goods, will send ripples through the retail sector, says software specialist VAI.

Exclusive: Target Australia MD talks turnaround ahead of brand relaunch

Inside Retail

The closure or conversion of 144 Target stores in FY21 has left the retailer with a network of around 140 stores today, a much smaller business that is simpler and less costly to run with a stronger focus on digital sales. Taking share off specialty stores.

Oslo department store Steen & Strøm completes NOK 300m redevelopment with luxury beauty hall

Retail Times

Norwegian contemporary department store Steen & Strøm, which is managed by Promenaden Management, is launching a brand-new 900sq m (9,700sq ft) Beauty Hall this month as part of a major NOK 300 million (£25.7 The renovation of the Beauty Hall is part of a two-year master plan to bring the 224-year-old department store into the future, strengthening its offering and ensuring it stays at the forefront of luxury and contemporary retail in Scandinavia.

Best & Less to go public as Australia’s crowded discount sector heats up

Inside Retail

Australian discount department store business Best & Less plans to raise about $72.3 The IPO caps off a strong period of growth for Best & Less, which operates 246 bricks-and-mortar stores across the Best & Less and Postie chains in Australia and New Zealand, respectively.

Melbourne Central adding new 20 stores to boost retail offering

Inside Retail

With Omicron waning out, Melbourne CBD is launching an additional 20 new stores in the coming months in order to revive its retail wing. This comes after last year’s expansion which added 20 new stores to the precinct.

Bobby’s department store set to employ 260 new positions when it reopens this summer

Retail Times

As the plans to re-open the iconic Bobby’s of Bournemouth begin to take shape, Verve Properties, the developers who also recently transformed the nearby Avenue Centre, are delighted to announce plans that will see the around 260 job opportunities created, to work within the much-loved building.

Peloton launches in Westfield, partners with David Jones

Inside Retail

Fitness brand Peloton is launching its first Australian showroom later this week, and will partner with department store David Jones to boost its bricks-and-mortar presence. Business Department stores Financial Health & beauty Sectors Top Stories David Jones Peloton

Woolworths to open Big W in Sydney’s CBD

Inside Retail

Woolworths Group says it will open a large Big W store alongside its refurbished Woolworths supermarket at Sydney’s Town Hall later this year. The group has invested more than $10 million in the new store, hoping to help reinvigorate the city’s CBD as Covid restrictions ease.

Woolworths phasing out single-use plastic bags in WA

Inside Retail

Woolworths stores across the state will reduce the sale of reusable grocery plastic bags with Australian-made paper bags for both in-store and online shoppers. Business Department stores Featured Post Sectors Sustainability Woolworths

Emporium department store summer pop-up campaign, Bangkok - Thailand

RDB

Emporium department store summer pop-up campaign, Bangkok – Thailand.

Harvey Norman profit tumbles 35 per cent from pandemic high

Inside Retail

According to the department store business, exchange rates across Europe, Singapore and Malaysia hurt the business’ aggregated sales, and were only partially offset by growth in the New Zealand dollar and the UK pound.

Myer reports strong sales growth despite Omicron outbreak

Inside Retail

A “particularly strong” run-up to Christmas saw department-store chain Myer achieve solid sales growth in the five months to January 1, despite the company losing 27 per cent of its brick-and-mortar store trading days due to Covid-related trading restrictions. .