Inside Retail

NOVEMBER 22, 2022

Isetan-Mitsukoshi is a storied department store chain with 15 units in Japan, including five in the Tokyo metropolitan area. One of them, the Isetan flagship in Shinjuku, boasts the highest sales of any department store in Japan. Sales at Isetan-Mitsukoshi’s Tokyo metro stores are up 33.3 billion yen, or about $2.5

Department Stores 130

Department Stores Boutique Accounting Returns 130

Inside Retail

FEBRUARY 2, 2023

The biggest swing occurred in department store spending, which saw a 14.3 Especially in department stores, where the consumer appetite to spend appears to have fallen so dramatically between November and December? I think we’ll start to see a return to normality,” Mortimer told Inside Retail. “I

Department Stores 130

Department Stores Consumer Discount Store Shopping 130

Inside Retail

AUGUST 28, 2022

Living in a building of historic importance gives one of the world’s pre-eminent luxury department store companies that extra little bit of cache — the trick now is to find ways of being a retailer of future importance, a stiff hurdle upon which so many department store companies are stumbling. Footfall was up 6.4%

Department Stores 130

Department Stores Accessories Jewelry Apparel 130

Retail TouchPoints

DECEMBER 16, 2022

Department stores saw a 2.9% decline, furniture and home furnishings stores reported a 2.6% increase in sales, while health and personal care stores saw a 0.7% The National Retail Federation (NRF) and Appriss Retail projected that the 2022 returns rate will remain at 16.5%, nearly even with the 16.6% Another 41.4%

Returns 284

Returns Home Furnishings Department Stores Customer Experience 284

Inside Retail

JANUARY 18, 2023

Woolworth Holdings’ sale of the David Jones department-store business has cleared the way for the brands of its Country Road Group division to return to the shelves of Myer. The post Country Road brands to return to Myer after David Jones separation appeared first on Inside Retail.

Returns 246

Returns Department Stores Accounting Consumer 246

Retail Gazette

JANUARY 11, 2024

John Lewis Partnership has hired one of its former directors, ex-Jigsaw boss Peter Ruis, to run its department store business. Ruis said: “It’s a great privilege to return to the John Lewis Partnership after 10 years. ” Click here to sign up to Retail Gazette‘s free daily email newsletter .”

Department Stores 98

Department Stores Returns ATS 98

Retail Focus

SEPTEMBER 15, 2021

The huge increase in online shopping over the past decade or so has had a major impact on department stores, with many consumers turning to Amazon, eBay and other online shops for shopping, rather than a more traditional trip out to a physical store. Changing culture of shopping.

Department Stores 162

Department Stores Outdoor Payment Services Shopping 162

Inside Retail

FEBRUARY 12, 2023

An old TopShop store in north London’s Brent Cross shopping centre has been revived after two years of sitting empty since the fast fashion brand closed down. It’s now a vibrant pop-up department store selling pre-loved clothing organised collaboratively by 10 charities. We believe in the circular economy and the good pound.

Department Stores 130

Department Stores Thrift Store Accessories Fashion 130

Retail TouchPoints

SEPTEMBER 29, 2021

For more than 150 years, Parisian department store La Samaritaine has overlooked the banks of the Seine, a sweeping expanse of glass and intricately painted iron that proudly proclaimed the store’s position at the center of French commerce, both geographically and ideologically.

Department Stores 270

Department Stores Fashion Planning Boutique 270

Retail TouchPoints

SEPTEMBER 3, 2020

Returns are a cost of doing business for any retailer. In the wake of COVID-19, returns are receiving serious (and necessary) attention for several key reasons: Retailers are spending more processing returns in stores. Returns is just one example.” . In-Store Returns Trending Up, But Not Pouring In.

Returns 332

Returns Merchant Services Department Stores Shipping 332

Inside Retail

OCTOBER 12, 2021

Australian department store David Jones has become the latest retailer to sell pre-owned clothing following the announcement of its partnership with Sydney-based luxury reseller Blue Spinach last week. It also offers second-hand items in its London flagship store through a partnership with online resale platform Vestiaire Collective.

Department Stores 130

Department Stores Accessories Fashion Returns 130

Retail Gazette

JANUARY 30, 2024

John Lewis chair Dame Sharon White has claimed the business will return to profit this year, as it gears up to slash up to 11,000 jobs under its turnaround plan. ” Earlier this month, John Lewis hired one of its former directors, ex-Jigsaw boss Peter Ruis, to run its department store business.

Returns 105

Returns Department Stores Planning ATS 105

Retail Wire

AUGUST 25, 2021

Kohl’s CEO Michelle Gass isn’t concerned about the recent news that Amazon.com may be considering opening its own department store-like concept. Kohl’s has served as a destination for Amazon.com returns, a relationship that both parties claim to be beneficial. Amazon … they’re always experimenting.

Department Stores 100

Department Stores Returns 100

Retail TouchPoints

MARCH 15, 2021

Lord & Taylor will return from bankruptcy as a digital-first retailer in April under its new owner Saadia Group, according to multiple sources. Known as the oldest department store in the U.S., Lord & Taylor has had a rocky couple of years.

Returns 279

Returns Department Stores Apparel Finance 279

Retail Gazette

MARCH 20, 2024

Harvey Nichols’ support team faces impending redundancies as the business works on returning to profitability. The layoffs are set to hit 60 staff – amounting to less than 5% of the luxury department store retailer’s overall employee base.

Returns 105

Returns Department Stores Accounting Shopping 105

Inside Retail

JUNE 4, 2023

Myer’s CEO and MD John King has announced he will retire in the second half of the 2024 calendar year and return to the US. In an ASX announcement, the department store’s board thanked King for his “extraordinary contribution” and added that his decision to leave is based on “being with his family as their health circumstances demand.”

Department Stores 264

Department Stores Specialty Retailers Returns Planning 264

Inside Retail

NOVEMBER 9, 2021

In particular, the index showed strong rises in spending at department stores, electronic stores, hardware, family clothing, pet shops, household appliances and florists, and showed signs that many people are preparing for holiday events such as Christmas parties with an increase in spending intentions for clothing rentals and tailors.

Returns 240

Returns Shopping Department Stores ATS 240

Inside Retail

MAY 13, 2021

Six years after leaving fashion to pursue his passion for fine art, Australian designer Jayson Brunsdon has returned to the rag trade with the launch of his JB Jayson Brunsdon collection at Harris Scarfe. As far as I can tell, there is a bit of a gap in terms of department stores, and I think they might be filling that gap.”.

Fashion 200

Fashion Returns Department Stores Apparel 200

365 Retail

SEPTEMBER 15, 2021

The huge increase in online shopping over the past decade or so has had a major impact on department stores, with many consumers turning to Amazon, eBay and other online shops for shopping, rather than a more traditional trip out to a physical store. Changing culture of shopping.

Department Stores 74

Department Stores Outdoor Payment Services Shopping 74

Retail Gazette

OCTOBER 19, 2023

Fenwick has returned to profit, boosted by the sale of its New Bond Street store for £430m, Retail Week reports. The sale of the department store retailer’s 130-year old flagship last December enabled the business to report pre-tax profits of £57.1m last year, compared to a loss of £5.2m a year earlier.

Returns 110

Returns Department Stores Customer Experience Planning 110

Inside Retail

NOVEMBER 9, 2023

At Myer’s annual general meeting this week, outgoing CEO John King predicted that trading activity on Black Friday would likely surpass Christmas, with the department store preparing stock ahead of time to mitigate any logistical delays related to potential industrial action. per cent increase in total sales to $3.36

Department Stores 264

Department Stores Telecommunications Planning Returns 264

Inside Retail

FEBRUARY 8, 2024

Myer currently operates 56 department stores across Australia, as well as its online business and in-house brands including Sass and Bide, Marcs and David Lawrence. per cent increase is a case of under-promising and over-delivering, the department store CEO is taking the win as a sign of more growth to come. “We

Department Stores 264

Department Stores Inventory Management Planning Returns 264

Inside Retail

SEPTEMBER 13, 2023

Department store chain Myer delivered its highest full-year sales since 2005 this year but remains cautious as consumer spending declines due to unfavourable economic conditions. per cent of total sales – and a 10 per cent increase in productivity gains at physical stores. . Myer’s total sales grew 12.2 per cent to $3.36

Net Profit 278

Net Profit Department Stores Returns Store Operations 278

Inside Retail

JANUARY 23, 2023

At Paris fashion shows, which run through the end of this week, Chinese buyers, a staple at such events before the pandemic hit, still haven’t returned in droves. Although the Chinese are expected to initially resume travelling within Asia, Europe is a region that particularly stands to benefit from a return of Chinese tourists.

Returns 130

Returns Department Stores Fashion Marketing 130

Inside Retail

MAY 16, 2023

Target US is making shopping easier for customers with the option to make product returns right from their cars at no extra cost. The new returns service is already available at over 500 stores across the US and is expected to reach all 2000 Target locations in the next few months. The post Target US aims to simplify returns.

Returns 130

Returns Drop-Shipping Customer Experience Shipping 130

Retail TouchPoints

JANUARY 24, 2024

This retail renaissance is not just a return to traditional shopping spaces but also signifies a shift in the shoppers’ culture, expectations and behaviors. Major department stores are leaning toward repurposing and reskinning existing fixtures, saving costs and minimizing environmental impact.

Returns 315

Returns Department Stores Store Layout Fast Fashion 315

Inside Retail

FEBRUARY 27, 2024

This week, Macy’s announced plans to shut down 150 “underproductive” stores, more than one-fifth of its department store assemblage, over the next three years. Neil Saunders, managing director and retail analyst at GlobalData, believes the store closures are “a necessary step to strip the dead wood from Macy’s”.

Department Stores 130

Department Stores Location Finance Planning 130

VMS

APRIL 20, 2021

Iconic department store brand Lord & Taylor, now owned by The Saadia Group (New York), will relaunch online as a “digial collective store”, according to a press release. The post Lord & Taylor Returns as E-Commerce Brand appeared first on Visual Merchandising and Store Design.

Returns 100

Returns Visual Merchandising Department Stores Management 100

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. Net income for the 13 weeks ended Jan.

Department Stores 211

Department Stores Returns Jewelry Apparel 211

Inside Retail

AUGUST 7, 2023

Department store Myer says sales and profit are continuing to grow despite the challenging economic environment, with its online business continuing to strengthen. King will retire in the second half of FY24 and return to the US. per cent increase in sales to $3.4

Department Stores 246

Department Stores Accounting Returns Planning 246

Retail Gazette

AUGUST 30, 2023

Machin told The Mail last week that returning to the FTSE 100 would “of course be good news” but that “it would be just another day.” M&S will return to the FTSE 100 index on September 18. M&S said its half-year results will “show a significant improvement against previous expectations”.

Returns 105

Returns Promotions Shopping Marketing 105

Retail TouchPoints

OCTOBER 12, 2021

The store window has always been prime real estate for brand storytelling, but this is especially true during the holiday season. That is why we plan to celebrate the creative professionals who master the art of window dressing once again with the design:retail Winning Windows awards program.

Returns 182

Returns Specialty Retailers Department Stores Planning 182

Retail TouchPoints

NOVEMBER 22, 2022

Beloved New York City off-price department store Century 21 has partnered with logistics provider Fillogic ahead of its spring 2023 relaunch. The NYC-headquartered Fillogic will support the retailer through ecommerce and store-based fulfillment, reverse logistics and returns, forward-staging of inventory and final-mile delivery.

Fulfillment 261

Fulfillment Payment Services Inventory Management Department Stores 261

Retail Gazette

NOVEMBER 24, 2023

M&S’ 12 Days of Sparks digital advent calendar has returned for 2023, dubbed “bigger and better than before” after the success of last year’s campaign. Kicking off next month, 17 million Sparks customers will be able to access festive treats on the department store retailer ‘s app and online.

Returns 64

Returns Department Stores Marketing 64

Inside Retail

AUGUST 11, 2021

The fight for board control of department store Myer will be decided in the next few months, with the firm’s AGM likely to run in late October, but Solomon Lew’s major stake in the business could well be diluted by the time to vote. Department store sales up this year. million, up 5.5 per cent to $539 million.

Department Stores 246

Department Stores ATS Net Profit Returns 246

VMS

SEPTEMBER 9, 2021

Though last year’s event was virtual due to the pandemic, department store Macy’s has announced that the public will be allowed to watch its venerable Thanksgiving Day parade work its way through Manhattan in person this year, according to NPR. All volunteers and staff are required to be vaccinated and will also wear face coverings.

Returns 78

Returns Visual Merchandising Department Stores 78

Inside Retail

MARCH 27, 2023

These figures came amid the important ‘ back to school’ trading period, as kids returned to in-person learning. But as we return to a more normalised world, the results [Peter Alexander] continue to deliver is fantastic,” he said. Absolutely] the return to the malls and high street is very consistent with other retailers,” Walker said.

Department Stores 246

Department Stores Net Profit Returns Accessories 246