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The China Syndrome: Japan department stores missing tourist shoppers

Inside Retail

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. This was one of the factors leading to the introduction of dedicated tax-free checkouts.).

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“Back to what good looks like”: The ups and downs of Woolworths’ FY23

Inside Retail

Australian retail giant Woolworths Group reported solid FY23 results on Wednesday , showcasing the supermarket sector’s resilience in the face of dropping consumer spend. Discount department store chain Big W, meanwhile, saw earnings jump 165 per cent to $145 million. per cent over the financial year to $2.8

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Lifestyle products and services: How to harness Asia’s silver economy

Inside Retail

One of these is a co-operative public-private push to develop consumer goods in categories like clothing, wearable technology, transport, food, pharmaceuticals and leisure goods. Services are now estimated to account for up to 45 per cent of China’s household spending and it is growing. Or wider aisles in their stores.

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How scrutiny over prices could impact Coles’ and Woolworths’ loyalty programs

Inside Retail

Sharing the good fortune Another example of a retailer’s growing focus on loyalty programs is Australian department store, Myer. million in total and during FY23 almost 75 per cent of all purchases made at Myer were linked to a Myer One account. Myer One currently has about 4.2 million engaged members of its 7.3

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What the proposed buy now, pay later regulations mean for Aussie retail

Inside Retail

It would also be scalable based on the risk of consumer harm , but the details on this are unknown. She told Inside Retail that BNPL had been boosted by Covid-19 restrictions and the shift to an omnichannel approach in recent years, with strong demand by customers when shopping online and in department stores.

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How retailers are racing to meet the needs of older online shoppers

Inside Retail

Starts at 60’s move into e-commerce comes as health concerns and store closures due to the global pandemic continue to drive more seniors to shop online. The Australian Bureau of Statistics has revealed that one in six consumers over the age of 65 plan to shop online more as a result of Covid. A race to reach baby boomers.

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Walmart’s futuristic vision: AI shopping, drone deliveries and green energy

Inside Retail

The world’s largest retailer shared expansive plans for the future of retail at the recent Consumer Electronics Show (CES 2024), focusing on adaptive retail strategies that encompass realms of customers, workforce and society. Walmart is not resting on its laurels. There is also a new AR feature called ‘Shop With Friends’.

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