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Department Store Offers Shoppers a Calming, Biophilic Space

VMS

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? Opening any store requires an exact timeline. Retail was no different. Each setback has a domino effect.

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Even Japan’s Takashimaya can’t escape department stores’ woes

Inside Retail

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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Retail’s new range: The evolution of merchandise planning

Inside Retail

The pandemic continues to influence customer purchasing priorities and penetration in the omnichannel environment, which is affecting assortment mix and demand at each location. This is creating new challenges for retail operations, including a particular demand for agile merchandise planning and supply-chain processes.

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WeWork Partners with Saks on Co-Working Spaces

VMS

(Brampton, Canada), owner of Saks Fifth Avenue, is partnering with WeWork (New York) to open co-working spaces in former Saks department stores in the New York metro area, reports Inc. The partnership is structured so that the spaces, dubbed SaksWorks, will be managed by WeWork, which won’t pay rent.

Space 105
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Showfields and the bankruptcy of the ‘most interesting store in the world’

Inside Retail

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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Introducing Myriad Systems — A Versatile, Ready-to-Ship Merchandising System

Rose

In fact, 55% of first impressions are based on what we see , which means it’s crucial for retailers to add eye-catching displays and visuals that attract customers and command attention — especially to new products or brands that might otherwise get lost in the vast assortment of merchandise.

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What Is Visual Merchandising?

Creative Displays Now

Using these elements to bring attention to your brand is called visual merchandising. It’s a crucial strategy to make your products stand out in a competitive retail space. Effective visual merchandising can have a significant impact on your bottom line. Visual Merchandising Explained. Who Uses Visual Merchandising?