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Why department stores are thriving in Japan even as the US sector shrinks

Inside Retail

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

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U.S. Apparel Resale to Double in Next Five Years, Fueled by Retailers and Brands

Retail TouchPoints

It forces you to consider the ramifications for the future of shopping when you have a generation of customers who think of themselves as thrifters and are focused on value, sustainability and this style of buying.”. Shoppers love the cheap thrills of fast fashion, but their conscience weighs on them.

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Is Korea’s Arte Museum the future of experiential retail?

Inside Retail

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. It sits at the top of Third Street Promenade, a famous shopping, food and entertainment strip. These were underperforming stores that Covid gave a final push.

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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

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.

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Breaking down Black Friday 2023: Retailers share how it went

Inside Retail

The US-inspired shopping event – which sees retailers across the country offer deals and discounts to tempt customers and boost sales – kicks off the peak period, and is routinely one of the busiest days on the calendar for shops, large and small. Chadstone Shopping Centre in Melbourne’s south east went all out for the shopping event.

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2023 in review: 8 stories that rocked retail this year

Retail Gazette

The news came a month after White said that her big five-year plan that she promised would deliver £400m a year in profits at the department store and grocery group would be delayed by two years. The proliferation of dubious American candy stores came to encapsulate the travails of the famous shopping street.

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‘It’s been a blast’: Feathers founder Margaret Porritt reflects on 50 years

Inside Retail

I love going shoe shopping, I love going handbag shopping, I love seeing what’s on the street. The women in the street, in the shops, at the hairdresser. Then you look in the department stores in New York…Saks and Bloomies are fabulous stores. What do you like about running a fashion retail business?

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