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

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

MAY 18, 2021

Australian discount department store business Best & Less plans to raise about $72.3 The retailer aims to list on the Australian Securities Exchange (ASX) in mid-June with a market capitalisation of $271.2 million through an initial public offering at $2.15

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Inside Retail

JANUARY 24, 2024

From the vibrant Sunday morning markets to the revamped Battersea Power Station, it felt like London had its mojo back. During rumbles, teams split up and undergo a visual merchandising blitz, ensuring that the entire store is well-maintained throughout the day. But last July, I returned to London and I was pleasantly surprised.

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VMS

AUGUST 18, 2021

The main challenge of the Market by Macy’s project was balancing the traditional notions of the scale of a Macy’s shopping experience with the new Market brand outlook via a smaller format,” says Robyn Novak, VP, Nelson Worldwide. The store also features a concierge service and café.). Market by Macy’s.

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Inside Retail

APRIL 21, 2024

In the landscape of global commerce, few sectors evoke as much intrigue and promise as the consumer goods market in China. per cent) of surveyed department store operators expect their sales to grow in 2024, a significant decrease from last year’s 85.7 per cent and 6 per cent respectively. Two thirds (66.3

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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

DECEMBER 19, 2022

So the creative types in the mall marketing departments put their thinking caps on and started linking the names of new malls with gimmicky descriptors. The lower, ground floor part of the store is where the food is: there’s a supermarket, cafe and delicatessen offering about 400 different Asian dishes.

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Inside Retail

APRIL 17, 2023

Last month, the department store reported its highest interim profit since 2014. To pull it off, you need to give a lot of thought to merchandising and pricing. If you’re looking to capture more market share, and what retailer isn’t, now would be the ideal time to do it.

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VMS

FEBRUARY 2, 2023

Information on how many workers are left at the department store chain’s HQ was not immediately available. About 60 people at Kohl’s (Menomonee Falls, Wis.) corporate headquarters have lost their jobs, according to published reports in several publications and news sites, including Retail Dive.

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Inside Retail

APRIL 25, 2022

Luxury department store Harvey Nichols recently announced the opening of the first blue-chip non-fungible token (NFT) retail space at its Pacific Place Hong Kong store. Physical stores are seeking to understand their place in the digital economy and align with this cultural phenomenon. Entering the NFT merch era.

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Inside Retail

JANUARY 23, 2022

The first store will open later this year at The Americana at Brand, a shopping centre in Los Angeles, and reportedly be around 30,000 square feet – much smaller than a typical department store, which is around 100,000 square feet. Winners and losers.

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VMS

JANUARY 25, 2022

(Newport Beach, Calif.) – made an offer to purchase the department store retailer Kohl’s (Menomonee Falls, Wis.) Acacia has a market value of $215 billion. It reportedly told the department store retailer that it obtained a “highly confident” letter from a bank ensuring their ability to attain a debt-financing package.

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Inside Retail

JUNE 24, 2021

He will be reporting to Jodie Koning, Cartology head of Marketing and Insights. International Group of Department Stores appoints new president. The International Group of Department Stores (IGDS) has appointed André Maeder as the new IGDS President for 2021-2023.

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Inside Retail

JUNE 7, 2021

The Woolworths Holdings boss attributed the downfall of David Jones Food to a failure to adapt the Woolworths food strategy to the Australian market. “I Woolworths SA has 731 stores in South Africa (as of June 2020) and operates in 11 other African countries as well as having a strong online presence. Flawed from the outset”.

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Inside Retail

MARCH 30, 2023

Tony Spring to succeed Jeff Gennette as Macy’s CEO By Aron Lewin Macy’s CEO Jeff Gennette has announced his retirement after working for the department store for over four decades. Before joining Metcash, Ramage was with Coles Liquor, where he held several roles across marketing, merchandise, operations and business development.

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VMS

NOVEMBER 9, 2021

The department store retailer also plans to create an education benefit program in partnership with Guild Education, which aims to cover workers’ books and tuition costs as well as other related fees. The post Macy’s Announces Wage Increase, Education Benefit Program appeared first on Visual Merchandising and Store Design.

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Retail Focus

FEBRUARY 4, 2022

Gaming is a megatrend; for good reason, it’s an attractive playground for brands to get in touch with younger target groups: The community is curious, networked and active and gaming is a rapidly growing market with 176 billion US dollars in revenue (newzoo 2021) and 2.7 Think about gamification in the store concept right from the start.

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Inside Retail

MAY 7, 2024

Janice Chia, Managing Director of Ageing Asia, which is staging the Singapore conference, said Singapore’s ageing market potential would reach an estimated US$72 billion by next year. This is good news, particularly for department stores, whose traditional target customer is now getting on in years.

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Inside Retail

APRIL 26, 2023

Luxury department store Lane Crawford was launched in 1850, and has stores across Hong Kong and mainland China. The luxury market invested with new brand and pop-up concepts, driving all merchandise in China. This market is extremely attractive to luxury brands and they’ll continue to invest in them.”

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VMS

JULY 28, 2021

In the Montpellier branch, however, this is teamed up with Monop’ Daily, a French food-for-now and food-for-later retailer (and an offshoot of mid-market department store Monoprix) and a travel version of skincare and beauty retailer L’Occitane en Provence. appeared first on Visual Merchandising and Store Design.

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Inside Retail

FEBRUARY 13, 2023

Leading Japanese fashion and beauty retail consultancy World Mode Holdings Group (WMH Group) is expanding into the Malaysian market with the launch of World Mode Malaysia (WM Malaysia). The aim is to build a community of 1,000 qualified retail professionals in the market by the end of 2023.

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Inside Retail

APRIL 18, 2022

The Sisaket store is now buzzing with customers, but apart from those in the hypermarket itself, they are mostly not coming for merchandise but rather to eat together and socialise. The pricing is sharp as one would expect from a discount department store but the merchandising doesn’t lack for a smattering of affordable luxury.

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Inside Retail

JUNE 21, 2023

In May, Target Corporation, a US-based discount department store chain, scaled back its collection for Pride Month, with the retailer pulling products and merchandise, and citing threats to staff and customer safety. Bud Light’s parent company Anheuser-Busch placed marketing executives on leave.

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Inside Retail

MAY 22, 2023

CapitaLand (in long form: CapitaLand Integrated Commercial Trust, CICT) is Singapore’s largest real estate investment trust (REIT), listed on the Singapore Exchange and a key player in the island state’s market. It operates retail properties, mixed-use projects and office buildings. million, up 14.4 per cent from a year ago.

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Inside Retail

AUGUST 28, 2022

Alyce Tran is an entrepreneur, having co-founded personalised luxury maker The Daily Edited, before starting her homewares brand In The Roundhouse and joining influencer marketing firm LTK to help brands reach their target audience. Alyce Tran: I love creating products and working out how to market them. AT: We are also on Saks.com!

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Inside Retail

MARCH 10, 2022

After its first day of trading on 11 March last year, shares in Coupang closed at US$69, giving it a market capitalisation of more than US$100 billion. Coupang has been able to accomplish its position as market leader in the speed-of-delivery department with a huge investment in distribution facilities, logistics technology, and drivers.

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VMS

DECEMBER 1, 2022

“One of the most important things I learned when I started working in the retail industry were the merchandising standards at The Gap in the ’80s. Our assistant manager was relentless when it came to precise folding, sizing, vertical merchandising and more. VMSD spoke directly to VM people. The year 2000, just after I moved to the U.S.

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VMS

AUGUST 24, 2021

the chances are probably close to 90 percent (or more) that you’ll have heard of Fortnum & Mason, the grocer-cum-department store with a flagship on London’s very posh Piccadilly. Field marketing is occasionally subject to somewhat unkind comments as retail directors wonder what its purpose might be. If you live in the U.K.,

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Inside Retail

FEBRUARY 11, 2024

Workshops, tours, and experiences guided by cultural peers and curated by industry experts and educators covered key pillars of the fashion business including brand development, merchandising and marketing. Indigenous Fashion shows the potential that we bring a niche to the fashion market.

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VMS

SEPTEMBER 30, 2021

13, British department store Fortnum & Mason kicked off the festive season with the opening of its Christmas Shop. If you are the kind of person who simply loves Christmas, then this is the destination store for you! Fortnum’s legacy began in 1705 with Hugh Mason, derived from a small store in St. On Monday, Sept.

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VMS

APRIL 28, 2021

The market analysts behind the S&P Global Ratings have flipped Macy’s outlook from negative to positive, which may indicate that the once-esteemed retailer may also soon receive an upgrade of its current B+ credit rating, as RetailDive explains. appeared first on Visual Merchandising and Store Design.

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Inside Retail

MAY 15, 2022

In each case, the arrival of these brands in new markets has generally been greeted with huge enthusiasm. Even department stores like Takashimaya, Isetan and Aeon have had a fair measure of success in non-Japan Asia, notwithstanding their recent problems due partly to the pandemic. The Loft experience.

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Inside Retail

JUNE 7, 2023

Eighteen months on, the excitement around the merger is beginning to dissipate, as Lotus’s toils in a fiercely competitive market with a cash-strapped core customer. Just over 20 years later, Tesco hit the ball back to CPG after finding its own position in the Southeast Asian market untenable. The Makro brand, meanwhile, is thriving.

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Inside Retail

OCTOBER 11, 2021

With occupancy rates under pressure, shopping-centre landlords have already reviewed property valuations to account for tighter rent market conditions and financial concessions required to retain key retail brands. Retail shopping centres face a major challenge rebuilding customer traffic and sales after the Covid-19 pandemic is controlled.

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Inside Retail

MAY 25, 2023

He went on to say that retailers are dealing with epidemic levels of shoplifting, with large quantities of merchandise being stolen, often by repeat offenders. Shoplifting has been costing it millions of dollars in lost sales, and this year, it will close 20 stores in 11 states. billion due to theft in 2023 alone.

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VMS

AUGUST 31, 2021

The path to expansion in global markets is littered with potholes and land mines. When expanding into Mexico in particular, brands usually enter the market in one of two ways. The first and seemingly most effective is to have an agreement with a department store for sales space on their floor.

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