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The China Syndrome: Japan department stores missing tourist shoppers

Inside Retail

Isetan-Mitsukoshi is a storied department store chain with 15 units in Japan, including five in the Tokyo metropolitan area. One of them, the Isetan flagship in Shinjuku, boasts the highest sales of any department store in Japan. Sales at Isetan-Mitsukoshi’s Tokyo metro stores are up 33.3 billion yen, or about $2.5

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From mini stores to the metaverse, will Macy’s new moves pay off?

Inside Retail

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?

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The lowdown on Central Group – reported new owner of Selfridges

Inside Retail

The Westons are said to be seeking £4 billion for their European department store assets, including Selfridges’ four stores in the UK, Brown Thomas and Arnotts in Ireland, and De Bijenkorf in the Netherlands. Central’s superregional malls and department stores are ubiquitous in Thailand.

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Why so many global brands fail in Australia

Inside Retail

Even prime locations, local partners, name recognition and often a portfolio of new merchandise brands haven’t kept Australia from becoming a dead end for some major international retailers. In some cases, the failed Australian ventures were part of a flawed strategy to breathe growth into struggling home market operations.

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Lane Crawford CEO Jennifer Woo talks how to truly cater to customers

Inside Retail

Luxury department store Lane Crawford was launched in 1850, and has stores across Hong Kong and mainland China. The luxury market invested with new brand and pop-up concepts, driving all merchandise in China. So that customer was extremely spoiled and we saw incredible growth in those years,” she said.

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Expand Globally, Hire locally

VMS

The path to expansion in global markets is littered with potholes and land mines. There is no silver bullet to avoiding the challenges that come with global expansion, but there is one sure way to minimize the risk, meet your desired goals and save time and money: hire locally. Going it alone is not a good option.

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PHOTOS: Brilliant Remodel of El Palacio de Hierro Is a Gift to the Community

VMS

Decorative metal frames running vertically through a relatively narrow atrium communicate through a series of LED screens that reference the visual merchandising moments on each balcony along the way. In homage to Wyman, the store café is called Café Lance. A unifying language had to be established to ensure full merchandise exposure.

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