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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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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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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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Creating an effective retail space

Design Middleeast

From a boutique perspective, online shopping craze is gaining popularity. More and more people are just entering stores to feel the fabric, try the item and purchasing them online. So, how can a retail space be called successful in given so many factors? Every place, every space has a heart that needs to be highlighted.

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What Simon’s latest results say about the landlord-tenant divide in retail

Inside Retail

And right now it appears that the landlord is winning the little tug-of-war because the productivity of mall space is not increasing, but retailer occupancy costs are. From the perspective of retail and other tenants, sales productivity of mall space for one thing: tenant sales per square metre were down 1.3 What is not to like?