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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. So, what is to become of these extinct department stores?

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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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Analysis: Why Harvey Nichols’ new NFT retail space is “a wildly clever idea”

Inside Retail

Luxury department store Harvey Nichols recently announced the opening of the first blue-chip non-fungible token (NFT) retail space at its Pacific Place Hong Kong store. As our physical and digital worlds collide, the luxury retailer aims to make NFTs more accessible to a broader audience.

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Creating an effective retail space

Design Middleeast

More and more people are just entering stores to feel the fabric, try the item and purchasing them online. So, how can a retail space be called successful in given so many factors? Hasan and Husain Roomi, founders of H2R Design, have a vast experience of delivering retail projects. Highlight the focal point.

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What Nordstrom’s Paul Smith pop-up says about the future of this retail trend

Inside Retail

One of the key trends that defined retail in 2023 was pop-up shops and how these experiential shopping experiences have taken hold over millennial and Gen Z consumers. Midway into the first quarter of 2024, there are no signs of this experiential retail trend slowing down. The brand can also gain experience with retail operations.

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The Evolution of Retail Formats: Adapting to Environmental and Social Forces

Retail Focus

Looking at retail disturbances in an oversimplified way, the first major disruption in retail was the emergence of department stores. These department stores were typically found in major cities, catering to urban consumers’ needs. This era was often described as consumer warfare.

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More than a mall: How The Exchange TRX aims to redefine retail in Malaysia

Inside Retail

In the heart of Kuala Lumpur’s emerging international financial district lies The Exchange TRX – a new retail complex that aims to redefine urban luxury and community engagement. These brands are pushing the envelope in terms of customer engagement and this is going to be a fantastic opportunity for us,” he said.