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 7, 2021

And while Central Group’s publicly listed subsidiary, Central Retail, has denied any involvement in the transaction, multiple reports suggest that another division of the conglomerate is involved in the talks. Central Group is one of the ‘big three’ Thai retailers and shopping centre developers/operators.

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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

JUNE 25, 2023

Central Retail’s Tops Club, a 15,000sqm affair unveiled at Central Rama 2 shopping mall in south Bangkok last September, is a good example. Shopping at Tops Club also requires membership but the fee is likely to be more like gravy than a key component of revenue needed to drive profit, as it is with Costco.

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Greater Group

DECEMBER 24, 2019

Experiential retail has developed out of the need to adapt to the changing market due to the rapid growth of the online market. While a considerate percentage of shopping nowadays takes place online – especially among millennials and Gen Z – it remains favourable for brands to keep one foot on the ground. STORY at Macy’s.

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