Inside Retail

FEBRUARY 19, 2024

Spearheading this move are two flagship stores nestled in prime locations: one at the prestigious Shin Kong Mitsukoshi department store in Taipei’s vibrant Xinyi Xintiandi district, and the other at the iconic Dubai Mall.

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Department Stores Location Outdoor Fashion 130

Retail TouchPoints

FEBRUARY 23, 2021

Macy’s Q4 and full-year 2020 results show signs of a turnaround for the department store, hard hit, like many of its counterparts, by the COVID-19 pandemic. 22 Macy’s announced plans to close 45 stores by mid-2021, according to CNBC , part of a previously announced plan to close 125 locations by 2023.

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Department Stores Returns Jewelry Apparel 209

Retail TouchPoints

MAY 29, 2020

Q1 2020 financial results for Costco , Nordstrom and Abercrombie & Fitch encapsulate how three retail verticals — club, department and specialty apparel — are weathering the COVID-19 pandemic. Costco reported a successful quarter, while Nordstrom and Abercrombie discussed plans to handle the fallout. Costco posted a 7.3%

Department Stores 148

Department Stores Operating Expenses Store Operations Apparel 148

Retail TouchPoints

DECEMBER 16, 2020

Amazon recently announced that it is in talks with mall operators such as Simon Property Group to convert the vacant store space left by the closure of big department stores into warehouses and fulfillment centers. Amazon also has plans for a foray into retail grocery, a model quite different from that of Whole Foods.

Fulfillment 211

Fulfillment Kiosk Department Stores Location 211

Retail TouchPoints

OCTOBER 6, 2022

But despite the rush, retailers still have multiple opportunities to maximize both in-store sales and online conversions. YOY growth this holiday season, whereas department stores will only see a 0.3% Focus on bringing people back to stores: In-store retail sales are expected to increase 7.9%

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Merchant Services Payment Services Promotions Location 234

Retail TouchPoints

JANUARY 20, 2022

Amazon has announced plans for its first-ever physical fashion store — dubbed Amazon Style — which will feature women’s and men’s apparel, shoes and accessories. The first Amazon Style store is set to open later this year at The Americana at Brand shopping mall in Los Angeles. “We

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Payment Services Apparel Inventory Management Department Stores 213

Inside Retail

JULY 25, 2022

Australian discount department store Harris Scarfe is moving “full-steam ahead” with its strategic growth plans, despite rising inflation and growing concerns about an economic recession. “We’re Location, location, location.

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Payment Services Apparel Location Department Stores 130

Inside Retail

MAY 29, 2023

He believes the company’s plan to have zero emissions by 2040 is leading the way in sustainability, in terms of its business model and ethical sourcing strategies. Innovation is key Meanwhile, closer to home, Walmart recently opened its first high-tech market fulfilment centre (MFC) in Arkansas.

Merchant Services 130

Merchant Services Payment Services Wholesale Fulfillment 130

Inside Retail

JUNE 30, 2021

In order to fulfil customer demands and win their hearts, we, as retailers, need to understand and cater to their changing behaviour and trends. per cent (RM95 billion in total retail sales), and all retail sub-sectors such as fashion, department stores and grocery are expected to rebound. You can download it here.

Department Stores 246

Department Stores Merchant Services Outdoor Shopping 246

Retail TouchPoints

SEPTEMBER 3, 2020

When stores began to reopen, there was a fear that consumers would storm return desks. Indeed, one-third of consumers responding to a survey by Optoro said they had kept one or more purchases that they planned to return when stores reopened. However, apparel and department stores are elevated.

Returns 325

Returns Merchant Services Department Stores Shipping 325

Retail TouchPoints

OCTOBER 21, 2020

The retailer plans to open 11 new U.S. stores across its portfolio, including DICK’S Sporting Goods outlets, Golf Galaxy and DICK’S Sporting Goods Warehouse Sale outlets. Off-Price Retail: Like dollar stores, off-price retailers tend to thrive in times of economic uncertainty. Mall Developers Focus on Shaking Up the Brand Mix.

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Sporting Goods Consumer Apparel Fulfillment 159

Indigo 9 Digital

MARCH 9, 2023

Having a wide range of fulfillment options, including delivery to home, collection from store – and by using stores for fulfillment – allowed Walmart to ramp up capacity in a way that many other players struggled to do. We were able to quickly use stores to fill online orders.” Approximately a quarter or $20.4

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Drop-Shipping Advertising Fulfillment Consumer 98

Retail TouchPoints

JULY 27, 2021

Rising ecommerce sales and the power of social networks empowered customers to discover new, cutting-edge brands, which meant many (especially millennials and Gen Z) spent less time in the beloved department stores that had long served as anchor tenants. Shopping Destinations Set Sights on an ‘Experiential’ Tenant Mix.

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Beauty and Health Shopping Consumer Home Furnishings 274

Indigo 9 Digital

SEPTEMBER 1, 2022

Marks & Spencer has said it started out with third party brands flowing through its distribution network but it is planning to give sellers the flexibility to use a drop ship model where the brand holds onto its inventory and fulfills the order itself. “M&S’s This is especially the case with Jaeger,” said an industry veteran.

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Drop-Shipping Markdowns Planning Grocer 95

Retail TouchPoints

JULY 28, 2021

While suburban shopping malls and department stores have fallen victim to COVID, some smaller retail brands and local stores in walkable neighborhoods with a mix of uses, where people live, work, shop and relax, have thrived ( LA Times , 2020). By fulfilling one situational need, we removed another one — human connection.

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Outdoor Fulfillment Location Shopping 293

Retail TouchPoints

SEPTEMBER 9, 2020

The laggards are those we now read about in the headlines as entering bankruptcy, with large department stores often mentioned. Fundamental to the lean-and-mean concept is a further and necessary shift toward retail locations as marketing platforms rather than sales vehicles. It is also where technology comes into play.

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Department Stores Point of Sale Location Marketing 185

Retail Next

OCTOBER 24, 2019

One of the hottest trends in retail right now is BOSS: Buy Online and Ship to the Store for pickup (very similar to, but not the same, as BOPIS, or Buy Online, Pickup In Store). It’s the digital version, for us dinosaurs, of going to a department store and having them order the right size when something wasn’t in stock.

Shipping 59

Shipping Shopping Fulfillment Location 59

Indigo 9 Digital

MARCH 30, 2022

If you are curious about Alibaba’s plan for staying on top then consider these six elements of its strategy. Stores as fulfillment centres. Employees pick online orders in Hema’s stores and once they have been picked they are placed on a conveyor belt that carries the order to the back of the store to get it ready for delivery.

Payment Services 52

Payment Services Fulfillment Department Stores Supermarket 52

Rangeme

NOVEMBER 22, 2022

Sephora again provides a good example of what is possible – it has merged its digital and physical teams into a single unified retail team; if a customer browsed online and then bought in-store, the team can see that. That is supporting digital sales growth, but also pulling customers back into its physical locations. for example.

Customer Experience 52

Customer Experience Supermarket Returns Department Stores 52

I Love Fashion

JANUARY 19, 2023

Fashion Digital Marketing Agency Planning to start clothing dropshipping online? But what’s more important is to have your online store run smoothly. For that, you need a b2b wholesale clothing supplier for your online retail store. Location Product suppliers’ location is one of the essential factors.

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Wholesale Merchant Services Fashion Payment Services 40

Retail TouchPoints

NOVEMBER 19, 2021

When the first department store opened more than 100 years ago, the goal was to offer a multitude of specialty goods to a large number of people. Today, online stores serve that same purpose, but brick-and-mortar retail remains a powerful mechanism for both buyers and sellers. That said, there have been a few bumps in the road.

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Fulfillment Jewelry Inventory Management Consumer 262

Retail Geek

APRIL 9, 2021

Amazon is building Micro Fulfillment Centers to deliver fast-moving grocery & convenience SKUs in under 45mins. Locations include Seattle, DC, Baltimore, Dallas, Nashville, Detroit, Chicago, San Diego, Phoenix launching this year. Scot: [2:45] Good we will have to look at San Diego as a possible location. Listener Questions.

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Merchant Services Social Commerce Consumer Payment Services 98

Retail TouchPoints

APRIL 5, 2022

Across all organization sizes and market locations in our survey, cost placed highest ( 53% ) on the list of challenges. These data and technology access concerns reflect brands’ desire to link their CSR plans and track their progress against a clear set of KPIs. This category includes department stores, specialty and softline brands.

Merchant Services 209

Merchant Services Beauty and Health Returns Consumer 209