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From China to India, how the world’s retail markets stack up: report

Inside Retail

Kearney, a renowned global consultancy firm, recently unveiled its latest findings in the 2023 Global Retail Development Index (GRDI) report , shedding light on emerging market potentials and strategic pathways for retail expansion. AI has significant potential to drive retail transformation. It was valued at $3.8

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Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

per cent, with the Plaza format, which accounts for about two-thirds of its shopping centre portfolio, sitting at 81.1 By the standards of world-class shopping centre operation, that’s a bit ordinary, and occupancy in the Vincom+ format is scruffier still, at 73.2 The total portfolio occupancy rate sits at 84.5

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Retail at the end of the world: How JB Hi-Fi aims to disrupt the NZ market

Inside Retail

Australian consumer electronics giant JB Hi-Fi announced a major expansion of its New Zealand operations last week , unveiling plans to double its store count in the next three to five years. The group eventually decided to “double down” on the New Zealand market, and invest in building it up as the broader retail market recovered.

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From mini stores to the metaverse, will Macy’s new moves pay off?

Inside Retail

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. The issue is that it’s almost certainly too little, too late to be meaningful,” Dennis told Inside Retail. per cent year-over-year to US$5.1

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Macy’s store closures: a necessary step or the wrong move?

Inside Retail

With the closure of the underperforming stores, Macy’s explained it would be concentrating on luxury shopping offerings moving forward which includes opening 15 Bloomingdale’s stores and 30 Bluemercury cosmetics locations in the next three years. However, the legacy retailer’s reputation has been on shaky ground of late.

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Why Canada Goose is flocking to Australia amid huge Asia-Pacific growth

Inside Retail

The expansion in Australia is part of a long-term strategy for Canada Goose, which will operate under a brand management agreement with Brand Collective. Integrated omnichannel offering Brand Collective CEO Eric Morris told Inside Retail that he was amazed to see just how popular Canada Goose products were across Europe and America.

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Why teddy-bear brand Steiff sees a big opportunity to grow in China

Inside Retail

The joint venture, announced in February, marks the establishment of Steiff Asia Ltd and the inauguration of an Asia supply chain hub situated in the Shanghai free trade zone, functioning as a pivotal logistics centre to cater not only to the Chinese market but also to other key markets across Asia and the US.

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