Accounting Consumer Department Stores Fast Fashion 
Inside Retail
MAY 10, 2023
For once, department stores are leading a retail sales recovery instead of lagging it. Supermarkets (5,921 stores) gained 1.8 per cent but the big winners were department stores (190 of them) performing well above the average, with a 13.5 Meanwhile, Isetan Mitsukoshi’s five Tokyo-area stores had sales growth of 23.2
Retail TouchPoints
MAY 17, 2022
There was a time, not too long ago, when it took a lot of convincing to get consumers to consider secondhand. Now, both consumers and the retailers that serve them are quite willingly jumping on the resale bandwagon, driving an already hot sector toward even further growth. Retailers and Brands Take the Baton.
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Inside Retail
JUNE 9, 2021
Fast-growing Australian online retailer Canningvale plans to relaunch the iconic Singaporean department store Robinsons as an online-only business this month after acquiring the company’s digital assets for an undisclosed sum. Some of the brands have a history with Robinsons, while others are new to the department store. .
Inside Retail
FEBRUARY 8, 2023
The space is the upper level of a three-level empty box, the two levels below having been left by upscale department store Bloomingdales , which closed in March 2021. These were underperforming stores that Covid gave a final push. Still, Bloomingdales as a chain of department stores hangs on.
Indigo 9 Digital
FEBRUARY 28, 2023
New ultra fast fashion competitors like ASOS and Boohoo entered the market and did what Forever 21 did but better. Not only are these retailers fast to market with their trendy designs they are also skilled eCommerce operators. In the 2000s the internet met fast fashion, and a slew of new competitors began to emerge.
Inside Retail
NOVEMBER 30, 2022
per cent increase in the number of consumers that purchased from brands powered by Shopify, with Australians ranking fourth globally in total spend. He expected that customers were eager to experience Chadstone’s in-store experience. Australian merchants using the e-commerce platform saw a 22.7 Average spend increased from $155.73
Retail Gazette
DECEMBER 21, 2023
Rising prices put a squeeze on consumer spending throughout the year, and although inflation has finally started to ease, shoppers sill remain cautious with Accenture research revealing 64% of UK adults plan to reduce their spending over Christmas. Shein is also understood to be mulling listing on the London Stock Exchange.
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