Remove 2007 Remove Consumer Remove Department Stores
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Services and the mid-market: Takashimaya’s post-tourism plan

Inside Retail

On April 17, Takashimaya, Japans upscale department store company, released the results for its fiscal year ending February 28. per cent from the preceding year, to breach 1 trillion yen (US$7 billion) for the first time since 2007. The latter two stores ran a slight operating loss and underperformed company expectations.

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Country Road brands to return to Myer after David Jones separation

Inside Retail

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. Woolworth Holdings bought a controlling interest in Country Road in 1998 and acquired Witchery Group in 2007 to create Country Road Group.

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Inside Natori’s Transformation from High-End Wholesaler to Omnichannel Brand

Retail TouchPoints

When I joined in 2007] I tried to stay behind the scenes, but at one point we needed somebody to lead the investigation and eventual implementation of this whole new ecommerce business model that none of the employees, and certainly none of the executives, either wanted to do or had the capability to do,” Natori added. “

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How Natori Used AI to Sharpen Retargeting and Achieve a 943% ROAS

Retail TouchPoints

He compared the level of interest of a consumer who had simply seen a Natori ad on social media to one who had “gone to the website, added something to their bag and abandoned the cart. That’s much more useful [data] than the first consumer. We aren’t blindly retargeting every user,” said Natori.

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Why the Kmart-Target back end merger has been a decade in the making

Inside Retail

After 17 years of running its discount department stores separately, retail conglomerate Wesfarmers announced earlier this week that it would be consolidating the back end operation of Kmart Australia and Target Australia. Kmart Group CEO Ian Bailey said this was due to how difficult it has been to “get tech into Target”.

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“We’re on step one out of 10”: Kmart Group MD Ian Bailey on taking Anko global

Inside Retail

Once considered a lost cause, the business has gone from strength to strength since embracing a ‘lowest price’ strategy following its acquisition by Wesfarmers in 2007. Hudson’s Bay brought it back, so Zellers is something that immediately triggers an emotional reaction with consumers and an understanding of the proposition.

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Retail appointments of the week

Inside Retail

Nicola Clement, Myer’s general manager of omni experience, has said she is exiting her role at the department store retailer to pursue an MBA at Saïd Business School at the University of Oxford next year. Loehnis currently serves as the president of Net-A-Porter, Mr Porter and The Outnet, and started at the company in 2007.