Inside Retail

JULY 28, 2021

Those brands that have avoided bankruptcy have often been forced to undertake aggressive cost reduction and store closures. Department stores have been particularly impacted, with consumers forced online during the pandemic now choosing to buy direct from brands or from more price-competitive online marketplaces.

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Department Stores Pattern Curate Consumer 246

Inside Retail

MAY 10, 2023

For once, department stores are leading a retail sales recovery instead of lagging it. In Japan, the Ministry of Economy, Trade and Industry (METI) reports that retail sales in the first quarter amounted to 39,781 billion yen (about $434 billion at current exchange rates), up 6.5 per cent from a year ago.

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Department Stores Consumer Retail Sales Shopping 130

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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Department Stores Expansion Fashion Planning 130

Inside Retail

MAY 17, 2023

This makes FFO more reflective of the REIT’s true operating performance, since shopping centres and other properties often increase in value over time rather than depreciate. per cent and retailer sales per square metre for the trailing 12 months were US$8,166, up 3.3 per cent from the preceding 12-month period.

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Department Stores Concept Boutique Perspective 264

Inside Retail

DECEMBER 18, 2023

How will consumers be spending their dollars in the week leading up to Christmas, what are retailers doing to entice consumers in-store and which retailers will benefit from this? These are pressing questions that many in the industry will be asking themselves in the final few big shopping days of the year.

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Gifts Shopping Consumer Accessories 264

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. per cent.

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Expansion Home Furnishings Tailored Circulation 130

Inside Retail

SEPTEMBER 13, 2022

Retail sales increased by 1.3 per cent increase in department stores and a 3.3 Retail sales are still well ahead by 16.5 Retailers will need to look at ways to lower costs, streamline operations and reduce disruptions to avoid losing their competitiveness. per cent month on month in July and are 16.5

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Consumer Department Stores Retail Sales Apparel 278