Inside Retail

MAY 10, 2023

For once, department stores are leading a retail sales recovery instead of lagging it. Supermarkets (5,921 stores) gained 1.8 per cent but the big winners were department stores (190 of them) performing well above the average, with a 13.5 METI counted 190 department stores for its first quarter survey.

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Inside Retail

MAY 22, 2022

First quarter results for calendar year 2022 are in for the three biggest Korean department store retailers, and the numbers are encouraging. Shinsegae, Lotte, and Hyundai account for the top nine department stores in the country (coming in at number 10 is Galleria’s high-end flagship in Seoul). trillion KRW ($2.1

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Inside Retail

SEPTEMBER 26, 2022

Department stores globally are adjusting their product offer to reflect rapid changes in the menswear category as the impact of the Covid-19 pandemic on the category wears off. But last year menswear rebounded to its pre-pandemic levels, reaching on average 14 per cent of total department-store sales.

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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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Retail Focus

SEPTEMBER 15, 2021

The huge increase in online shopping over the past decade or so has had a major impact on department stores, with many consumers turning to Amazon, eBay and other online shops for shopping, rather than a more traditional trip out to a physical store. Changing culture of shopping.

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Inside Retail

FEBRUARY 12, 2023

An old TopShop store in north London’s Brent Cross shopping centre has been revived after two years of sitting empty since the fast fashion brand closed down. It’s now a vibrant pop-up department store selling pre-loved clothing organised collaboratively by 10 charities. We believe in the circular economy and the good pound.

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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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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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VMS

FEBRUARY 6, 2023

will soon be home to a department store selling modest clothing for populations that require cover-up styles, Women’s Wear Daily reports. Called ADdress, the store will open in phases, starting on Valentine’s Day. The American Dream mega-shopping complex in East Rutherford, N.J.,

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VMS

AUGUST 19, 2021

Seattle) has announced its intentions to open a new retail experience, similar to a department store, The Wall Street Journal reports. There’s no official confirmation of what the company plans to sell in store, but speculation is that their own private labels will be heavily showcased. Amazon.com Inc. trillion USD.

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Inside Retail

MARCH 26, 2024

Australian luxe-for-less beauty brand MCoBeauty launched into the US market this week and is now stocked in over 1,800 Kroger Co stores. Inside Retail: How did MCoBeauty approach entering into the US market? SS: The Kroger Co and its family of stores, including Kroger, Fred Meyer, Ralph’s, Dillions and Smith’s.

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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

DECEMBER 4, 2023

Now, in partnership with the Fifth Avenue Association and luxury department store Bergdorf Goodman, Nest has created an exclusive, olfactory shopping experience around its best-selling product. The post The powerful marketing mechanism behind Nest New York’s holiday collab appeared first on Inside Retail Australia.

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Inside Retail

APRIL 10, 2024

The secondhand market is an exciting solution, offering quality, often designer items, at a fraction of the original price. The bigger picture According to Zuniga, the secondhand market is evolving in fascinating ways across the globe, driven by the awareness around sustainability and corporate environmental responsibility. “In

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Inside Retail

JUNE 4, 2023

In an ASX announcement, the department store’s board thanked King for his “extraordinary contribution” and added that his decision to leave is based on “being with his family as their health circumstances demand.” When he took over the helm of Myer in 2018, it was losing sales and struggling.

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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. “The billion in 2024.

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Inside Retail

FEBRUARY 1, 2024

Following its 2020 marketing strategy rebrand, Parfums de Marly felt now was the right time to enter the Australian retail space with its French vision of excellence and luxury in opposition to standardisation, through in-store customer experience. billion in 2023 to US$69.25 We saw a lot of brands, stop producing and stop investing.

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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. The trends have been adverse for department stores for more than two decades and nothing Macy’s has done in response has amounted to much,” Dennis explained.

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Inside Retail

DECEMBER 20, 2022

A fundamental question about the future of David Jones was put to rest this week, after the retailer’s parent company Woolworths Holdings announced the sale of the department store chain to Australian private equity firm Anchorage Capital Partners on Monday. Growing in a shrinking market. I’m not sure what will happen.”.

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Inside Retail

AUGUST 3, 2023

The department store chain has launched a standalone business called David Jones Amplify which will give brands access to more than 475 in-store media, 102 digital formats and 70 print and digital editorial formats. We want to partner with brands to achieve their marketing objectives.” This is a true partnership.

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Inside Retail

MAY 13, 2024

The global B2B e-commerce market was valued at US$7.4 The business is focused on growing globally by investing in its current international B2B markets before seeking new ones. But while Barbeques Galore is the largest specialty retailer, it faces competition from hardware, department stores and appliance retailers.

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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 13, 2022

The face of beauty is shifting, with younger generations leading a step change in the way the industry approaches marketing and retail. Gen Z currently makes up around 18 per cent of Australia’s population, making them an increasingly important market for savvy businesses, as they age through adolescence and begin earning money.

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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? The top ten stores and services in an ideal main street.

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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

FEBRUARY 2, 2024

Meanwhile, with traditional dropshipping, the goods will ship blind, without any marketing material that reveals the identity of the supplier. Why fashion loves dropshipping This is the digital version of department stores that decades ago moved to concessions taking a percentage of sales.

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Inside Retail

FEBRUARY 20, 2024

During the first half, Woolworths launched Woolworths MarketPlus, enabling third-party merchants to sell products across the supermarket chain’s businesses including MyDeal, Everyday Market, and Big W Market. While Big W sales fell 6 per cent, Woolworths said it is optimistic to see the department store improve in the fourth quarter.

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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

APRIL 26, 2021

Fulfilment by GlamCorner now sees the platform handling the logistics of clothing rental on behalf of fashion brands, including warehousing, cleaning, shipping and returns, and giving brands their own rental stores, which they can embed in their e-commerce sites and promote to customers. The ‘Attenborough’ effect.

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Inside Retail

MARCH 5, 2023

Geoff Ikin, Myer’s chief customer officer, said the partnership combined with the Myer One loyalty program will enable the retailer to “provide a compelling and market-leading loyalty proposition” to Australian consumers as the cost of living increases.

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Inside Retail

SEPTEMBER 13, 2023

Department store chain Myer delivered its highest full-year sales since 2005 this year but remains cautious as consumer spending declines due to unfavourable economic conditions. per cent of total sales – and a 10 per cent increase in productivity gains at physical stores. . Myer’s total sales grew 12.2 per cent to $3.36

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Inside Retail

NOVEMBER 8, 2022

And it supplies to department stores, such as David Jones, Myer, Kmart and Big W. We have 75 per cent market share of sporting equipment in boxing, so online is a growing area that exploded during Covid-19, as everyone was setting up home gyms,” Norton said. “We The market is holdings its breath.

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Inside Retail

DECEMBER 13, 2023

. “After extensive consultation with market participants and a comprehensive review of the parties’ internal documents, data and research, we consider Woolworths’ proposed acquisition of a 55 per cent interest in Petstock is unlikely to substantially lessen competition,” said ACCC chair Gina Cass-Gottlieb.

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Inside Retail

NOVEMBER 23, 2023

The company plans to further boost its growth in global markets, as well as launch its first ready-to-wear collection featuring boucle coats, jackets and guipure next year. The post Tutu Du Monde opens first flagship, in Sydney appeared first on Inside Retail Australia.

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Inside Retail

NOVEMBER 16, 2023

I can’t wait to get to Australia and New Zealand to meet our team, customers and partners and continue the growth for Puma in the market,” said Pustina. Nicole Hubbard Graham will become the new chief marketing officer, succeeding Dirk-Jan “DJ” van Hameren, who will retire next summer after 31 years with the company.

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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

SEPTEMBER 15, 2021

Department store Myer has enjoyed the fruits of a rebounding retail environment in FY21, with total sales up 5.5 The result, according to CEO John King, is due to the business’ ability to thrive despite the extraordinary market conditions, and a continued focus on its online channel. “As per cent to $2.65

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