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Australia’s best retailers at returns: Bed Threads, The Iconic, Oroton

Inside Retail

days, on par with other department stores. One minor downside is that The Iconics chatbot struggles to answer whether return labels can be printed at the post office, and the returns policy doesnt clarify this either. days, with the homeware sector leading at four days and the beauty industry trailing at an average of 13 days.

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Purchaser of 28 Hudson’s Bay Leases Plans New Department Store Concept

Retail TouchPoints

As part of the ongoing corporate restructuring following its March 2025 bankruptcy declaration, Hudsons Bay has agreed to assign up to 28 store lease locations in Ontario, Alberta and British Columbia to Ruby Liu Commercial Investment , a corporation indirectly controlled by billionaire Canadian mall owner Ruby Liu.

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Can Saks Global recoup its losses to become a profitable department store giant?

Inside Retail

This time last year, the retail industry was buzzing about the establishment of Saks Global, a combined retail and real estate asset that brought together some of the country’s best-known luxury department stores, including Saks Fifth Avenue, Saks Off 5th, Neiman Marcus and Bergdorf Goodman.

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Macy’s to Adapt Best-Seller About Department Store Icons into TV Series

Retail TouchPoints

Macys has emerged as the winning bidder for the exclusive rights to develop Julie Satows best-selling book, When Women Ran Fifth Avenue: Glamour and Power at the Dawn of American Fashion. Still, scripted television is a new realm for the department store, and certainly not the kind of project that most retailers would take on.

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Myer’s sales decline despite higher online sales

Inside Retail

The department store chain booked sales of $1.59 per cent, impacted by the temporary closure of the Werribee store from February 14 to November 29. Its online store sales rose 2.8 Myer’s sales declined in the 22 weeks ended December 28 amid challenging trading conditions. billion, down 0.8

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Myer’s net profit tumbles as labour, marketing costs increase

Inside Retail

The department store chain noted incurring higher employee costs, higher support office costs related to a new marketing agency and a separate investment in transformation capabilities. Sales remained flat at $1.83 Its active customers grew 6 per cent to 4.6 million, and sales generated by Myer One members shared 79.1

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Citing Costs, Saks Fifth Avenue Dims the Lights on its Holiday Show

Retail TouchPoints

After more than 20 years, Saks Fifth Avenue is cancelling the renowned holiday light show at its Fifth Avenue flagship store. Saks Fifth Avenue’s parent company, HBC , announced its plans to acquire competing luxury department store Neiman Marcus in July 2024 for $2.65 Saks Continues Other Holiday Traditions on Fifth Ave.