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Inside Shinsegae: The Korean department store with a golden boot

Inside Retail

Shinsegae — one of the Big 3 of Korean department store retailing along with Lotte and Hyundai — has continued its great form right through into the second half of the year, helped by the removal of the country’s remaining pandemic restrictions and an increasingly buoyant mood among the country’s more affluent consumers.

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Inside Central Chidlom’s luxury makeover in Bangkok

Inside Retail

The new three-level, 8000sqm Luxe Galerie at Central Chidlom in downtown Bangkok is a nice job and does a lot to modernise a store that was beginning to flirt with obsolescence. Fifty and counting Central Chidlom, located on Phloen Chit Road near the commercial heart of the city, first opened way back in 1973.

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Can Kohl’s New Merchandising Strategy Create Holiday Magic?

Retail TouchPoints

While discounts and deals will be core, the ailing department store chain is also prioritizing in-store merchandising and curation to improve the customer experience. To make finding the perfect gift even easier, Kohl’s has developed a new front-of-store experience, aptly called Gift Shop, that is curated for various holiday gifting needs.

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The Reject Shop’s sales remain sluggish into second half

Inside Retail

After a blockbuster first half that saw net profit soar 46.5 per cent despite sluggish sale s, The Reject Shop has said trading remained challenging through the beginning of the second half. The post The Reject Shop’s sales remain sluggish into second half appeared first on Inside Retail.

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Analysis: a perfect retail storm is brewing

Inside Retail

per cent increase in department stores and a 3.3 With increased wage costs, lack of manpower, and continued investment in digital platforms and data infrastructure with the growth in online shopping, retailers must act. Despite some retailers reporting strong sales because of the growth in online sales, net profits declined.

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How Myer plans to reach $1 billion in online sales

Inside Retail

Myer’s online sales have more than doubled since John King took over running the department store in 2018, and the CEO believes they can double again to reach $1 billion in the not-too-distant future. CBD stores take a hit. CBD locations were particularly hard hit, with comparable store sales down 22.3

Planning 130
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Myer CEO John King reveals the reasons behind its record first half

Inside Retail

They include the refurbishment of its store network, the rollout of its national distribution centre , and the relaunch of Country Road Group in July this year. billion, while net profit after tax grew by 101.4 If you’re spending $3000 on a coffee machine, you want to inspect it and talk to someone about it in-store,” he said.