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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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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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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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

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

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. Niche fragrance brands are entering the Australian market and are catering to most budgets and ethical preferences with brands such as budget-friendly Àerre and vegan Who is Elijah.

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Inside Retail

JANUARY 21, 2024

The luxury market is categorised by its exclusivity, maintained through a combination of high price points, consciously limited product volumes, reputation and customer experience, amongst other factors. Longchamp manages 325 direct-to-consumer stores through 25 distribution subsidiaries around the world. billion in 2024.

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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

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

NOVEMBER 2, 2023

Despite the efforts that go into planning, maintaining and marketing local shopping areas, the people who use these places are often not consulted about what they actually want and need on their main street. So what types of stores and services do they want? Across gender, age and location, pharmacies were consistently number one.

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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.

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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). While demand has surged, supply is still limited.

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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 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

APRIL 14, 2024

So, it came as a surprise to some when the LVMH-owned retailer announced on its Korean social media accounts that it would be gradually terminating all its operations in South Korea, including its app, online store, and physical stores, beginning May 6. billion in 2022, making the country one of the top 10 beauty markets in the world.

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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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Inside Retail

AUGUST 21, 2023

In April of this year, Levi’s opened its largest bricks-and-mortar location in Asia in the Indian city of Bangalore. Featuring the brand’s NextGen store concept, the space was designed to redefine the Indian shopping experience. The rise of luxury brands In recent years, India has emerged as a major market for global brands.

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Inside Retail

APRIL 12, 2023

In recent years, India has emerged as a major market for luxury brands. Big brands The recent news surrounding Apple opening its first company-run retail store in India’s financial hub of Mumbai is an indication of how important the market is in this niche space. billion, this still is a significant group.

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Retail Focus

OCTOBER 25, 2023

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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Trade Show Booth Companies - Trade Group

OCTOBER 3, 2023

Experiential marketing is often called “engagement marketing” or “event marketing.” ” Experiential marketing is a dynamic and immersive approach that yearns to create memorable and meaningful connections between the brand and the faithful consumers.

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Inside Retail

FEBRUARY 8, 2023

The space is the upper level of a three-level empty box, the two levels below having been left by upscale department store Bloomingdales , which closed in March 2021. The closure of the Arclight Cinemas at Santa Monica Place came as no surprise, as the whole Los Angeles movie theatre market was hammered by Covid-driven closures.

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Inside Retail

FEBRUARY 21, 2023

They arrived with great fanfare but many international retail brands have found the Australian retail market has been a graveyard. 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.

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Inside Retail

OCTOBER 10, 2022

Warrnambool’s sub-regional shopping centre Gateway Plaza has been listed on the market. Anchored by two supermarkets – Coles and Aldi – and discount department store Kmart, the centre also has 31 specialty retailers and other mini-major chain tenants, including Chemist Warehouse, The Reject Shop and Best & Less.

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Inside Retail

MAY 29, 2023

Despite many consumers cutting back on discretionary goods amid financial pressures, LVMH’s oldest luxury fashion house, Loewe , has opened a new store in Melbourne’s CBD. The location – which stocks ready-to-wear apparel, bags and small leather goods among other items – is the first Loewe store to stock menswear in Australia.

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Inside Retail

DECEMBER 19, 2022

The location of the new mall ensures that Aeon gets a slice of the booming and until recently under-retailed southern section of Phnom Penh strung out along the north-south-running Hun Sen Boulevard. Both Glam Boutique and Aeon Wellness are well established in neighboring Vietnam, where there are eight stores.

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Inside Retail

SEPTEMBER 19, 2022

The US isn’t the only overseas market the business is focusing on. Earlier this year, the brand opened dedicated pop-up stores at the world-famous Harrods and Selfridges department stores in London, which Norris referred to as the “biggest wins” in terms of the brand’s international expansion so far. Beyond the US.

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Inside Retail

MARCH 8, 2023

per cent compared to the first half of FY20, which was unaffected by Covid-19 restrictions, while its market share was up by 28 basis points compared to the six months prior. Mortimer added that the closure of stores – particularly in locations where suburb demography has changed – has been a smart move for both Myer and David Jones.

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Inside Retail

DECEMBER 14, 2022

He added that Bardot Junior will enter department stores overseas – including Hudson Bay in Canada, and Neiman Marcus, Saks Fifth Avenue and Dillard’s – who have picked up the brand in the US. “We’re We’re looking to expand [Bardot Junior] through these department stores, [as well as] through our digital channels,” he said.

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Inside Retail

AUGUST 1, 2023

As marketing budgets continue to shrink in the face of economic uncertainty, many in the C-suite are trying to find ways to save money while maintaining, or preferably increasing, sales. This can create data silos where similar data is captured in multiple locations. Smaller retailers can, too.

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Inside Retail

OCTOBER 4, 2023

The mall will include retailers such as Gentle Monster; Maison Kitsuné and the 28th location of its acclaimed Café Kitsuné; California-based, celeb-approved athleisure brand, Alo Yoga; as well as Finnish textile, clothing and home furnishings brand, Marimekko. The Malaysian market travels, and locals are looking for these brands.

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Inside Retail

JUNE 21, 2021

The viability of the two iconic department store chains, Myer and David Jones, has been seriously analysed and debated since a merger proposal by Myer was revealed in 2014. The financial collapse of traditional US and UK department stores and the impact of the pandemic has increased industry scrutiny on Myer and David Jones.

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Inside Retail

AUGUST 18, 2021

Discount department store The Reject Shop’s full year results tell an interesting story – one of business suffering under the impact of the Covid-19 lockdown, but also one of a strong reset to an ailing business model. Total sales in the chain fell 5.1 per cent over the course of FY21 to $778.7 Total sales in the chain fell 5.1

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Inside Retail

SEPTEMBER 16, 2021

Myer’s online sales have more than doubled since John King took over running the department store in 2018, and the CEO believes they can double again to reach $1 billion in the not-too-distant future. CBD stores take a hit. CBD locations were particularly hard hit, with comparable store sales down 22.3

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Inside Retail

MAY 8, 2024

The UK-based online platform for independent and ethical brands Wolf & Badger opened its first bricks-and-mortar location in London in 2010, before adding stores in New York in 2017 and Los Angeles in 2022. Today, the US is its largest market. What shifts do you wish to see in the industry moving forward?

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Retail Focus

NOVEMBER 1, 2022

The new Nike Unite store will cover 10,300 sq ft and will occupy a prime position on Level One of the centre, close to UK luxury fashion retailer Flannels, which is set to open a new 43,000 sq ft department store in December – its first store in Ireland.

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Inside Retail

SEPTEMBER 14, 2023

The chain only has four locations in Japan. Ten years after he opened his first cafe in 2013, there are now more than 140 worldwide, the most recent new market entry being Vietnam early this year, most recently followed by a debut store in downtown Toronto, Canada this month. He told Inside Retail he prefers ‘iconic’ locations.

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