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After the golden age: Why department stores are no longer glamorous

Inside Retail

When Laura Peden was growing up in the 1970s, department stores were a special place. Decades later, she still vividly remembers how she and her grandmother would travel into Myer’s city store at Christmas to see the “insanely fascinating” windows. The department store was no longer the star attraction.

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The Department Store dilemma

Retail Focus

Unfortunately for many department stores, the pandemic has been a final blow in the battle with online retail, spiralling real estate costs and difficulty serving up physical retail that is consistently experiential, engaging and adaptable. So, what is to become of these extinct department stores?

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

Inside Retail

The retailer used RetailNext’s software-as-a-service (SaaS) platform to measure consumers’ shopping journeys through the store anonymously, gathering data such as sales figures, traffic figures, customers’ gender and more. Can Showfields make a comeback?

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US mall giant Simon’s latest results reveal four issues facing the sector

Inside Retail

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. One of the key issues facing Simon and other mall operators is that they are still joined at the hip to department store anchors.

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The Western retail rush: how India’s middle class is drawing iconic brands

Inside Retail

Featuring the brand’s NextGen store concept, the space was designed to redefine the Indian shopping experience. From a product perspective, the company has launched sportier pieces like tank tops, joggers and leggings, and employed production techniques that use far less water than traditional methods.

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The Art and Business of Christmas Windows in Retail

Retail Focus

Creating a Memorable Shopping Experience In an era dominated by online shopping, the physical retail space must offer an experience that transcends the transactional. Christmas windows, acting as the gateway to the store, set the stage for a memorable shopping journey. Christmas Windows Around the World!

Art 264
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Larry Kestelman’s LK Group to ‘turbocharge’ Brand Collective

Inside Retail

” In the future, Brown said Brand Collective would be looking to acquire new brands that complement its existing portfolio and that it could add value to from an operational perspective. .” Our mandate from Larry and his group is very clear, and it’s just to get on with continuing the growth within our business,” he said.