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Myer reveals early shareholder votes in favour of Premier deal

Inside Retail

Myer has revealed the details of early shareholder votes in favour of its proposed acquisition of Premier Retail’s apparel brands Just Jeans, Jay Jays, Portmans, Dotti, and Jacqui E. The combination is expected to create a footprint of 783 department and specialty stores, with more than 17,000 team members.

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Japan’s retail sector faces challenges amid weak consumer confidence

Inside Retail

Uniqlos momentum carries over into 2025 METI doesnt report on sales at apparel specialty stores but Fast Retailing provides a good indicator with monthly sales reports for its 786 physical Uniqlo stores in Japan and its e-commerce business. There are other indicators too that specialty stores are gaining market share.

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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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Perth Airport is seeking retailers for prime T3/T4 sites amid refresh

Inside Retail

.” Diverse opportunities beckon Perth Airport is seeking partners across a broad spectrum of sectors, including compelling food and beverage concepts, essential travel retail including news, books and magazines, and a wide array of specialty stores.

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Exclusive: Target Australia MD talks turnaround ahead of brand relaunch

Inside Retail

Taking share off specialty stores. Pearson sees apparel, homewares and toys as being “destination” categories for Target, where it not only can compete against other value retailers on quality and price, but take market share off of premium specialty stores.

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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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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. per cent.