Inside Retail

JULY 28, 2021

Those brands that have avoided bankruptcy have often been forced to undertake aggressive cost reduction and store closures. Department stores have been particularly impacted, with consumers forced online during the pandemic now choosing to buy direct from brands or from more price-competitive online marketplaces.

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Inside Retail

AUGUST 2, 2021

Why would the owners of Selfridges, generally considered to be the world’s best department store, decide to sell the business? To a far greater extent than most other department stores, Selfridges has embraced an experiential retail strategy that many industry leaders see as key to the sector’s survival. billion (AU$3.72

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Inside Retail

NOVEMBER 3, 2021

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. The post Myer board spill avoided as the department store gets two new directors appeared first on Inside Retail.

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Inside Retail

SEPTEMBER 26, 2022

Department stores globally are adjusting their product offer to reflect rapid changes in the menswear category as the impact of the Covid-19 pandemic on the category wears off. But last year menswear rebounded to its pre-pandemic levels, reaching on average 14 per cent of total department-store sales.

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Inside Retail

SEPTEMBER 1, 2022

Shinsegae — one of the Big 3 of Korean department store retailing along with Lotte and Hyundai — has continued its great form right through into the second half of the year, helped by the removal of the country’s remaining pandemic restrictions and an increasingly buoyant mood among the country’s more affluent consumers.

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Inside Retail

APRIL 6, 2022

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. The amount of department store floorspace declined by 6.1

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Inside Retail

MAY 22, 2022

First quarter results for calendar year 2022 are in for the three biggest Korean department store retailers, and the numbers are encouraging. Shinsegae, Lotte, and Hyundai account for the top nine department stores in the country (coming in at number 10 is Galleria’s high-end flagship in Seoul). trillion KRW ($2.1

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Inside Retail

FEBRUARY 12, 2023

An old TopShop store in north London’s Brent Cross shopping centre has been revived after two years of sitting empty since the fast fashion brand closed down. It’s now a vibrant pop-up department store selling pre-loved clothing organised collaboratively by 10 charities. We believe in the circular economy and the good pound.

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Inside Retail

DECEMBER 15, 2022

Sydney Airport and Heinemann will jointly introduce Australia’s first domestic terminal “department store” concept next July at T2 and T3. Last month, Heinemann Australia opened its new stores in Gold Coast Airport ’s expanded terminal, after announcing the expansion earlier this year in March.

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Retail Focus

SEPTEMBER 15, 2021

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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Retail Focus

MARCH 14, 2022

Following the opening of a bold and distinctly industrial space inside the world-renowned Hyundai COEX, the brand unveils yet another site in the Korean capital, this time located in the famed Lotte Department Store, Jamsil.

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Retail Focus

APRIL 21, 2022

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.

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Inside Retail

JUNE 30, 2021

per cent (RM95 billion in total retail sales), and all retail sub-sectors such as fashion, department stores and grocery are expected to rebound. The post How Malaysian department store Pavilion is connecting with customers appeared first on Inside Retail. You can download it here.

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VMS

JANUARY 9, 2023

Macy’s (New York) is set to shutter four more department stores in in the first quarter of 2023 as part of its ongoing Polaris transformation strategy, according to Retail Dive and several other news sources. The affected stores are in these malls: * Baldwin Hills Crenshaw Plaza; Los Angeles. Foothills Mall, Fort Collins, Colo.

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VMS

FEBRUARY 6, 2023

will soon be home to a department store selling modest clothing for populations that require cover-up styles, Women’s Wear Daily reports. Called ADdress, the store will open in phases, starting on Valentine’s Day. The American Dream mega-shopping complex in East Rutherford, N.J.,

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Inside Retail

APRIL 27, 2021

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. Leveraging loyalty. million names in June 2020.

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VMS

JANUARY 2, 2023

More than 20 years after the Ames department store chain closed all of its stores, the retailer is mounting a comeback. That’s according to an announcement on a website purporting to represent the long-defunct discount retailer, which says Ames is “returning in spring 2023.”

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Inside Retail

OCTOBER 12, 2021

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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Dezeen

OCTOBER 27, 2021

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 department store's food laboratories will also be unveiled as a part of the new outdoor space. Lighting: Sekles Planungsbuero.

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Inside Retail

MAY 11, 2021

As the UK starts to reopen after a prolonged lockdown, the launch of a wedding venue at Selfridges’ Oxford Street location could end up driving much-needed store visits, if only due to sheer novelty, according to Jana Bowden, an associate professor at Macquarie University Business School. “As

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Design Boom

JUNE 22, 2021

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.

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VMS

DECEMBER 21, 2021

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? The post Department Store Offers Shoppers a Calming, Biophilic Space appeared first on Visual Merchandising and Store Design.

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VMS

AUGUST 19, 2021

Seattle) has announced its intentions to open a new retail experience, similar to a department store, The Wall Street Journal reports. The post Amazon Opening New Retail Experience, Similar to Department Store appeared first on Visual Merchandising and Store Design. Amazon.com Inc. trillion USD.

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VMS

SEPTEMBER 22, 2022

A 63-year-old woman named Bessie Durham, a janitor who worked at the Belk department store in Columbia, S.C., was dead in the store’s public bathroom for four days before she was found, the WIS 10 news station reports. Surveillance footage showed her entering the bathroom on Thursday, Sept. 15 at 7 a.m.

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Inside Retail

MAY 24, 2023

Australian luxury department store David Jones will celebrate its 185th anniversary this year with a week of festivities at its stores nationwide. The retailer opened on May 24, 1838, and claims to be the oldest continuously operating department store in the world, still trading under its original name.

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Retail Design Blog

OCTOBER 14, 2021

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

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Inside Retail

JUNE 4, 2023

In an ASX announcement, the department store’s board thanked King for his “extraordinary contribution” and added that his decision to leave is based on “being with his family as their health circumstances demand.” When he took over the helm of Myer in 2018, it was losing sales and struggling.

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Dezeen

NOVEMBER 24, 2020

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 retail brand traces its history back to 1673 and a kimono fabric seller named Echigoya, while the department store was established in 1904.

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Retail Design Blog

MARCH 11, 2022

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

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Inside Retail

MAY 17, 2023

One of the key issues facing Simon and other mall operators is that they are still joined at the hip to department store anchors. Seven of Simon’s top 10 anchors are mainstream department store chains, headed by Macy’s (97 stores) and JCPenney (53 stores).

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VMS

OCTOBER 6, 2021

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. The stores could open next year and are likely to debut in Ohio and California.

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Retail Times

MAY 24, 2021

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 million GBP) refurbishment and upgrade in the city.

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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. We’ve seen a general consumer trend away from department stores.”.

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Inside Retail

DECEMBER 15, 2022

Private equity firm Anchorage Capital Partners is reportedly in the final stages of acquiring David Jones from Woolworths Holdings, the South African retail giant that bought the department store chain for $2.1 billion in 2014.

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Retail Times

MAY 30, 2022

Steen & Strøm, Oslo’s luxury department store set within the city’s Promenaden fashion district, this week marked the start of a packed programme of events, activations and collaborations to celebrate its 225th Anniversary.

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Inside Retail

MARCH 16, 2023

Department store Myer will exit its Queen Street Mall flagship in Brisbane’s CBD after unsuccessful negotiations with the landlord on lease renewal terms. In a trading update, the retailer said it will continue to search for alternative locations for its CBD flagship.

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Inside Retail

MAY 3, 2023

billion in stores and online, according to data from the Australian Bureau of Statistics (ABS). per cent, department store sales at 4.7 He noted other categories such as department store sales and clothing, footwear and accessories sales are “softening” as well. “It Retail spending rose 5.4 per cent year-on-year.

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