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Behind the “massive” potential for premium outlet centres in Japan

Inside Retail

The first premium factory outlet centre in Japan, Gotemba, was opened about 20 years ago, at a time when Japan’s retail market was highly regulated and, with no hyperbole, the retail industry as a whole was teetering on the brink after a full decade of recession and weak consumption spending.

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How premium Japanese outlet Gotemba is bringing beauty to bargain shopping

Inside Retail

The centre’s tenant lineup is a who’s who of high-end retail, featuring designers from all around the world. Prior to Gotemba, Japan’s retail market was tightly regulated and the industry in bad shape. Government statistics show that at the time of Gotemba’s opening, retail sales in Japan had fallen for 42 consecutive months.

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What is Omni-channel Retail?

Retail Bound

The retail landscape has been dramatically changing in recent years, forcing businesses to accommodate multiple channels when selling to consumers. Finding a way to sell across all channels, is where the concept of omni-channel retailing comes in. Retail stores is by far the largest retail market segment at $6.5

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How HomePro aims to grow in Thailand’s fragmented DIY market 

Inside Retail

The company believes sales are now on a sustainable pathway, following 7.5 per cent growth in 2022, bringing total retail sales to 65.1 This was a significant milestone because, after a slump lasting two years, it finally brought sales above the level of 2019. Net profit came in at 1.6 billion THB, or about $72 million.

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“A big vote of confidence”: Why Walmart’s store upgrades are key

Inside Retail

As Neil Saunders, managing director and retail analyst at GlobalData, told Inside Retail , “Having produced a string of good numbers over the past few years, Walmart is currently one of the stars of the retail market.” In 2022, Walmart accounted for approximately US$500 billion in retail sales.

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5 Best Experiential Retail Examples

Greater Group

Agent Training, civilians enter the experience store where a range of limited edition uniforms and other merchandise items are on sale to prepare them for returning to the ‘real world’. Online retail has been booming over the last couple of years and statistics show this method of shopping is only becoming more and more popular.