Department Stores Expansion Location Strategy 
Inside Retail
OCTOBER 26, 2023
Macy’s has been stepping up to the plate with a series of new moves, from the expansion of its smaller-footprint stores, to a new digital fashion platform targeting younger shoppers. But while these initiatives sound promising, the question remains: can the department store chain truly adapt to the needs of the modern-day consumer?
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. In addition to the closures, Macy’s has also pledged to invest in approximately 350 locations and expand smaller storefronts. Where did Macy’s go wrong?
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Inside Retail
FEBRUARY 1, 2024
The high perfumery now has six global flagships with plans to open another four locations within the APAC region over the next 12 months. Moreover, the location was flagged as having a lot of exposure to tourists and locals with its city centrality. For Australia, our strategy is pretty simple.
Inside Retail
MAY 3, 2023
Vincom tries to cover itself with four tailored formats: Vincom Center, which is designed for high-density locations; Vincom Mega Mall, a retail/entertainment concept averaging about 110,000sqm of gross floor area (GFA); and Vincom+ and Vincom Plaza, two formats that are oriented toward smaller provincial cities.
Inside Retail
FEBRUARY 25, 2024
Dr Vranjes Firenze’s launch in the Australian market last December through a partnership with David Jones could be a sign of further global expansion to come, following L’Occitane Group’s recent acquisition of the luxury Italian home fragrance brand. Its work with premium Australian department store chain David Jones is an example of this.
Inside Retail
FEBRUARY 19, 2024
Founded amidst the opulent settings of Marrakech’s Dar el Bacha palace in 1910, this Moroccan coffee brand has recently made waves with its ambitious expansion into new territories. While my strategy is to open in the major capitals of the world, I focus first and foremost on quality rather than quantity.
Inside Retail
JULY 13, 2022
They think, ‘Oh, I’ll just go to a department store.’ IR: Can you tell me what that strategy looks like? Then we’ve done bus wraps, too, but most importantly, we’re tying all of that into a digital strategy with Google AdWords – retargeting, paid social. It’s only just beginning.
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