Department Stores Retail Sales Shopping Space 
Inside Retail
JANUARY 9, 2024
Japan’s storied department stores are riding a wave of overseas tourists, and although there is no sign yet of a wipeout, the cautious pronouncements of company executives indicate that it’s a wave they can’t ride on indefinitely. On the surface of it, department stores still have their mojo: sales in October rose by 5.3
Inside Retail
JULY 28, 2021
Those brands that have avoided bankruptcy have often been forced to undertake aggressive cost reduction and store closures. Department stores have been particularly impacted, with consumers forced online during the pandemic now choosing to buy direct from brands or from more price-competitive online marketplaces.
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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
Inside Retail
MAY 17, 2023
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. per cent and retailer sales per square metre for the trailing 12 months were US$8,166, up 3.3 per cent from the preceding 12-month period.
Inside Retail
MARCH 9, 2023
E-commerce in Singapore had a couple of bumper years in 2020-21, but online sales growth plateaued in 2022 as a percentage of Singapore’s retail sales : for Capitaland’s malls, many of them part of integrated mixed-use projects, it was time to start taking full advantage of normalisation. Retail occupancy is 98.3
Inside Retail
DECEMBER 17, 2023
Before the pandemic, the Chinese special administrative region had bucked global trends of declining demand for multi-brand department stores and ultra-luxury brands largely due to its attractiveness to high-spending mainland visitors. British luxury department store Harvey Nichols is at the forefront of the changes.
Inside Retail
APRIL 21, 2024
The latest forecasts predict that China’s GDP and total retail sales of consumer goods will hit growth rates of 4.8 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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