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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

Discount department store chain Big W, meanwhile, saw earnings jump 165 per cent to $145 million. Leah Weckert, CEO of rival Australian supermarket Coles, noted on Tuesday that higher levels of theft has become an industry issue , and is not confined to the Australian market. per cent over the financial year to $2.8

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

Inside Retail

The loyalty market in the Asia Pacific (Apac) region is expected to grow by 11 per cent annually, to reach US$52.05 Sharing the good fortune Another example of a retailer’s growing focus on loyalty programs is Australian department store, Myer. billion in 2024. Myer One currently has about 4.2

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Why retailers should be like Kmart and Target and review their tech stacks

Inside Retail

As marketing budgets continue to shrink in the face of economic uncertainty, many in the C-suite are trying to find ways to save money while maintaining, or preferably increasing, sales. Ways of working If you’re under pressure to grow revenue through marketing while keeping headcount to a minimum, you’re not alone.

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

Inside Retail

Janice Chia, Managing Director of Ageing Asia, which is staging the Singapore conference, said Singapore’s ageing market potential would reach an estimated US$72 billion by next year. Services are now estimated to account for up to 45 per cent of China’s household spending and it is growing. Retailers will want a big slice of it.

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

Inside Retail

They want to be marketed to with honesty and respect for who they are with pictures they can relate to,” Rebecca Wilson, the founder and CEO of Starts at 60, told Inside Retail. Many marketers think they need to use ‘aspirational images’ but this generation actually wants to see relatable, not aspirational marketing,” she said.

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

Inside Retail

Frictionless and seamless Professor of marketing and industry consultant at Macquarie University, Jana Bowden cited IBISworld data, explaining that the BNPL sector had experienced sustained revenue growth of about 29.3 Given that the average consumer has two BNPL accounts we are looking at a debt multiplier effect.