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

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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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

JANUARY 2, 2023

More than 20 years after the Ames department store chain closed all of its stores, the retailer is mounting a comeback. According to NBC 10 News , the first locations will open in Connecticut, New York and Pennsylvania.

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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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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

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?

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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? Retail was no different. It was in this context, that we helped launch Cimaco Culiacán in Culiacán, Mexico.

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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

NOVEMBER 9, 2023

At Myer’s annual general meeting this week, outgoing CEO John King predicted that trading activity on Black Friday would likely surpass Christmas, with the department store preparing stock ahead of time to mitigate any logistical delays related to potential industrial action. per cent increase in total sales to $3.36

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Inside Retail

AUGUST 7, 2023

David Jones is expected to axe as many as 100 jobs as its department store operations are being reviewed under the new owner. The company is in the process of improving store efficiency and eliminating tasks such as preparing sales reports for stores and office tasks, which can increasingly be done with the use of technology.

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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

OCTOBER 15, 2023

Showfields closed its Miami and New York City locations in July and September, respectively. It has three remaining bricks-and-mortar locations, in Los Angeles, Washington DC, and Brooklyn. The Brooklyn store will be expanded by 2,500 sq feet, to 14,000 sq feet, to accommodate brands relocating from the two stores that closed.

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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. By culture, we are a department store brand in the way we function.

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Inside Retail

JULY 7, 2023

Department store Kmart Australia is set to close its Port Adelaide store in the coming months, resulting in 100 job losses. A Kmart spokesperson told Inside Retail that affected employees would be redirected to opportunities within the “wider Wesfarmers business” when the store closes.

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Inside Retail

NOVEMBER 23, 2023

Children’s couture brand Tutu Du Monde has opened its first flagship location, in Sydney’s Westfield Bondi Junction. The store offers the brand’s celebrated collections including tutus, dresses, resortwear, and accessories crafted for young fashion enthusiasts. ­­The

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Inside Retail

APRIL 20, 2022

The deal, effective April 26, will aggregate 26 brands and 15 character licences, operate in 300 retail locations across Australia and New Zealand and employ 3000 staff. Apparel and footwear retail companies Brand Collective and PAS Group are to merge, creating Australia’s third-largest fashion retail group.

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Inside Retail

JANUARY 21, 2024

The brand has grown to have a presence in 80 countries through a distribution network encompassing 1200 points of sale across stand-alone stores, franchises, department stores, multi-brand leather goods stores, travel retail and e-commerce websites.

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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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Inside Retail

AUGUST 29, 2022

Department store Myer has announced it will close its Frankston store in Victoria. . The retailer says it wants to divert resources to its rapidly growing online business and develop stores near the Frankston location, such as Southland, Chadstone, and Fountain Gate.

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Inside Retail

DECEMBER 13, 2023

The assets to be divested include 41 specialty pet retail stores, 25 co-located veterinary hospitals, four brands and two online retail stores across the Best Friends Pets, Our Vet, My Pet Warehouse, Pet City, and Animal Tuckerbox brands, as well as the Pet and Aquarium Warehouse in Eltham, Victoria.

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Inside Retail

APRIL 20, 2022

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.

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Inside Retail

JULY 20, 2021

Sales in department store David Jones jumped during the last year despite the continuation of the Covid-19 crisis and intermittent lockdowns hampering trade. Sales in the department store rose 2.3 per cent in comparable stores, as customers increasingly shopped online through lockdown and unprofitable space was minimised.

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Inside Retail

NOVEMBER 2, 2023

So what types of stores and services do they want? Intriguingly, four types of stores/services that are disappearing from main streets around Australia – the post office, bank, department store and newsagent – are in the top ten (out of 45 choices in our survey). The top ten stores and services in an ideal main street.

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Inside Retail

DECEMBER 11, 2023

Since the retailer’s establishment in 1858, Macy’s has become one of the most well-known department stores in the US, if not the world. Like many retailers, both in the US and internationally, Macy’s has been impacted by the decline in consumer interest in shopping in traditional department stores amidst the rise of online shopping.

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Inside Retail

NOVEMBER 9, 2022

Seven & I Holdings, which owns 7-Eleven chain, is set to sell its department store chain Sogo & Seibu to US fund Fortress for US$1.4 The site also said Japanese home appliance store operator Yodobashi Holdings is considering buying some of the Sogo & Seibu sites and diverting proceeds to the US fund.

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Retail Focus

SEPTEMBER 25, 2023

Charity Super.Mkt, the ‘department store for second-hand style’ launched earlier this year by Maria Chenoweth and Wayne Hemingway, will open at Bluewater this week. The creation of Charity Super.Mkt has brought charity retailers into mainstream retail, gaining locations that would have otherwise been inaccessible.

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Inside Retail

FEBRUARY 25, 2024

Its work with premium Australian department store chain David Jones is an example of this. Worldwide wherever you travel, you will find Dr Vranjes Firenze only at the most exclusive retail locations. From the very high-end department stores [such as] Harrods in London, to the very high-end niche boutique.

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Inside Retail

NOVEMBER 28, 2023

The Australian luxury fragrance brand Goldfield & Banks has opened its first pop-up store, at Westfield Bondi Junction. The store is located on Level 3, near Sephora and Myer, and is open until December 24.

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Inside Retail

AUGUST 9, 2023

Australian fashion house Shona Joy is continuing its international expansion with the first physical retail location in the upmarket Bloomingdales department store in Dubai. Housed inside Dubai Mall, the store offers items from the brand’s ready-to-wear collections as well as its event wear label La Lune.

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Inside Retail

MAY 1, 2022

Department store Harris Scarfe has opened its biggest store to date, in Queensland’s Burleigh Heads. The new store is located in Stockland Burleigh Heads shopping centre. The post Harris Scarfe opens its largest store yet, in Queensland appeared first on Inside Retail. Image Source: Supplied.

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Inside Retail

DECEMBER 7, 2021

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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Inside Retail

FEBRUARY 19, 2024

Spearheading this move are two flagship stores nestled in prime locations: one at the prestigious Shin Kong Mitsukoshi department store in Taipei’s vibrant Xinyi Xintiandi district, and the other at the iconic Dubai Mall.

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Retail Focus

DECEMBER 6, 2022

Global high-performance wellness brand, Hyperice , opens its first pop-up shop at luxury department store, Harrods. Jim Huether, CEO of Hyperice says: “Harrods’ is the world’s most iconic department store. Today, the company is a holistic high-performance wellness brand with numerous product lines and categories.

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Inside Retail

NOVEMBER 10, 2021

Located alongside the Rodd & Gunn concession at the department store, The Lodge Bar deliver a multi-functional retail experience, where customers can browse the brand’s latest collection and enjoy wine and food at the same place.

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Inside Retail

FEBRUARY 24, 2022

Myer has announced the closure of its Blacktown store in Sydney’s outer west, a move that follows the reduction of footprints of five other stores across Australia. . Since then it has closed stores located at Logan, Hornsby, Emporium and – most recently – Knox, last August.

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Inside Retail

AUGUST 31, 2022

The first Pan Am retail store also introduced The Pan Am AW2022 Collection, which the brand described as “designed for both fashion and functionality”. SJ currently has a portfolio of five brands, including Kangol, Helen Kaminski, LCDC and Le Conte Des Contes.

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