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Aeon Mall hits the right note in Japan and Vietnam, but China is still problematic

Inside Retail

Specialty store metrics at the companys malls reflected rising prices and higher average transaction values in Japan, with sales growth at the Japan malls of 6.2 per cent), while traditional mall mainstays like apparel (+2.9 per cent and customer traffic growth of 3.2 Leading categories were amusement (+12.7

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L'ovedbaby goes personal to drive customer engagement, revenue

Retail Customer Experience

When consumers feel listened to and seen, it gives them more confidence to shop our brand. For example, retailers that want to quickly sell out their summer collections before the fall will typically offer and advertise large discount incentives to with the goal of encouraging customers to shop.

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The Weekly Closeout: Authentic hires an Amazon vet, Dôen secures funding

Retail Dive

Now, with our marketplace, anyone — from Dubai to Paris to Los Angeles — can shop duty-free, or become a global seller." Dôen operates seven of its own stores and sells through wholesale partners including Net-a-Porter, Saks Fifth Avenue, Nordstrom, Harrods and over 150 specialty stores globally.

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Why Aeon Mall is looking outside Japan for future growth

Inside Retail

Regional trends This year, Aeon expects specialty store sales in its China shopping malls to grow by 30 per cent, which would normally be a forward indicator of strongly positive leasing spreads. Meanwhile, Aeon expects specialty store growth in both its Japan and Vietnam malls of 10 per cent this year.

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Analysis: a perfect retail storm is brewing

Inside Retail

With landlord abatements now coming to an end, some retailers are also reporting rental increases of around 5 per cent for specialty stores and 4 per cent for large store chains. Additionally, the wage increases established by the Fair Work Commission as of July 1 are affecting retailer operations and costs.

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Hot property: What’s driving Aeon Mall’s record-high results

Inside Retail

million), due to an impairment expense and a provision for store closings. Specialty store sales at the company’s domestic malls reported growth of 5.9 Aeon not only benefited from increased rental income from these specialty tenants but costs fell too, so the profitability of the Japan business rose by a healthy 13.8

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

Retail TouchPoints

By 2021, off-price retailers are anticipated to experience apparel revenue growth of 6% to 8%, exceeding the broader apparel segment by a collective 4%. As specialty stores and traditional retailers continue to decline, discount chains are experiencing growth by capitalizing on inevitable excess inventory.