article thumbnail

How Korea’s big 3 department stores are killing it right now

Inside Retail

For example, Shinsegae’s net department store sales were a little more than a third of the value of all its department store transactions.). Shinsegae, which had first-quarter net sales in its department stores of 585 billion KRW, performed particularly strongly and outpaced the sector as a whole. What’s driving the surge?

article thumbnail

Off-Price Retail: A Double-Edged Tool For Brands With Excess Inventory Needs

Retail TouchPoints

While the latter may be true, excess inventory also has a silver lining of hidden pathways to optimizing excess inventory that lead straight to your bottom line through distribution in the off-price retail market. The emergence of off-price retail has changed the industry landscape. Viewing Off-Price As A Partner.