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Eldon Square announces milestone leasing developments, underlined by collaborative partnership with Newcastle City Council

A1 Retail

ft new NEXT department store for the next decade in the former Debenhams unit, opening in November 2024. Jayne Pushon, NEXT, said: “We are very excited to be launching a new large format store in Newcastle and look forward to welcoming more customers to Eldon Square. ft store.

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The Top Shopping Mall Trends To Watch Over the Next Decade

Indigo 9 Digital

Department stores, a mall staple, have been in decline for at least a decade. Between 2007 and 2018 the number of department stores in the United States declined by 1,159 while the segment featuring the highest growth, dollar stores, saw its store count increase by 12,535 stores.

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What Nordstrom’s Paul Smith pop-up says about the future of this retail trend

Inside Retail

One of the key trends that defined retail in 2023 was pop-up shops and how these experiential shopping experiences have taken hold over millennial and Gen Z consumers. Midway into the first quarter of 2024, there are no signs of this experiential retail trend slowing down. per square foot for a pop-up versus $32.12

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Best Buy’s eCommerce Strategy, What You Need to Know

Indigo 9 Digital

That means that while stores are critical many retailers still have too many of them or the ones they do have may need to be downsized. With the popularity of eCommerce and the ability to pre-shop it is simply not necessary to have as many large stores whether they are Best Buy locations or department stores.

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Store Wars: Hats Off to Penney’s – Yes, JCPenney

Retail Next

Driving up to the store, I was struck by the retro façade. At RetailNext we often use two photos to illustrate how little has changed in physical retail, particularly department stores. We have one photo of a department store of today and one of 30 years ago illustrating the lack of change. Really good.

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Nordstrom’s Strategy for Success, 6 Key Elements

Indigo 9 Digital

Nordstrom on the other hand has weathered many tests of time and is thought to be one of strongest department stores. miles away from the store a sales associate places their items into a fitting room and notifies the customer when the fitting room is ready. So how strong is Nordstrom? Last year it generated revenues of $14.4

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Alibaba vs. Amazon, 7 Differences & Similarities

Indigo 9 Digital

If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox. Both retailers see the importance of brick and mortar retail. Alibaba also has a grocery chain called Hema which has over 250 locations in China. Do you like this content?