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Selfridges: Why the best department store in the world is up for sale

Inside Retail

Why would the owners of Selfridges, generally considered to be the world’s best department store, decide to sell the business? To a far greater extent than most other department stores, Selfridges has embraced an experiential retail strategy that many industry leaders see as key to the sector’s survival. billion (AU$3.72

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Why department stores are thriving in Japan even as the US sector shrinks

Inside Retail

For once, department stores are leading a retail sales recovery instead of lagging it. In Japan, the Ministry of Economy, Trade and Industry (METI) reports that retail sales in the first quarter amounted to 39,781 billion yen (about $434 billion at current exchange rates), up 6.5 Supermarkets (5,921 stores) gained 1.8

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Barneys New York Finds a New Home at Forever 21

Retail TouchPoints

Just in time for New York Fashion Week, the iconic, now defunct luxury department store Barneys New York has made its return to fashion, albeit not in a way that many of the brand’s devotees would have imagined. Fast fashion retailer Forever 21 has released a limited-edition collection featuring the Barneys brand.

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Step inside the UK’s first department store for secondhand clothes

Inside Retail

An old TopShop store in north London’s Brent Cross shopping centre has been revived after two years of sitting empty since the fast fashion brand closed down. It’s now a vibrant pop-up department store selling pre-loved clothing organised collaboratively by 10 charities.

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Inside Mosaic’s pivot from specialty fashion to digital department store

Inside Retail

Mosaic Brands is seeing positive results from the implementation of a digital department store strategy across several of its core apparel brands, including Noni B, Rivers, Millers and Katies. Mosaic’s department store move isn’t exactly unique in the fashion industry. Leveraging loyalty.

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U.S. Apparel Resale to Double in Next Five Years, Fueled by Retailers and Brands

Retail TouchPoints

At the same time, the rental and fast fashion sectors are expected to remain relatively flat, and department stores, value chains and mid-priced specialty retail will lose ground. When I started working at the company about 10 years ago, businesses like ThredUP were the vanguard for resale,” he recounted. “The

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Transforming Retail Spaces for Today’s Generation of Shoppers

Retail TouchPoints

At the core of this comeback, malls of today are responding to the evolving expectations of shoppers with sustainability, experience and personalization. A Tailored Retail Experience In the era of mass production and fast fashion, personalization has become a key element in attracting and retaining visitors.

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