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Inside Shinsegae: The Korean department store with a golden boot

Inside Retail

Shinsegae — one of the Big 3 of Korean department store retailing along with Lotte and Hyundai — has continued its great form right through into the second half of the year, helped by the removal of the country’s remaining pandemic restrictions and an increasingly buoyant mood among the country’s more affluent consumers.

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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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The Reject Shop’s sales remain sluggish into second half

Inside Retail

After a blockbuster first half that saw net profit soar 46.5 The company’s stores in CBD locations and large shopping centres have continued suffering compared to before the pandemic, with sales down 12 per cent compared on a 48 week period to 30 May. The remainder of the company’s store network traded up 0.9