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“Not surprised”: Experts react to Amazon’s reported department store plan

Inside Retail

On Friday, The Wall Street Journal reported that online retail giant Amazon is looking to open large bricks-and-mortar stores in the US to sell clothing, homewares, electronics and other products, much like a department store. And it would come at a time when some long-running department stores are closing up shop.

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The China Syndrome: Japan department stores missing tourist shoppers

Inside Retail

Isetan-Mitsukoshi is a storied department store chain with 15 units in Japan, including five in the Tokyo metropolitan area. One of them, the Isetan flagship in Shinjuku, boasts the highest sales of any department store in Japan. This was one of the factors leading to the introduction of dedicated tax-free checkouts.).

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Smaller Formats May Pave the Future Path for Macy’s

Retail TouchPoints

Macy’s will expand its off-mall presence by opening additional Market by Macy’s and Bloomie’s shops — smaller versions of the Macy’s and Bloomingdale’s department stores, respectively — even as it shutters full-size stores. growth at Bloomingdale’s stores during the same period. This was compared to a 3.3%

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American Dream Again Misses $8.8 Million Loan Payment

Retail TouchPoints

The concept was developer by Triple Five Group and is billed as the “first-ever modest clothing department store” (i.e. The 35 brands that will be represented each have individual leases, but American Dream will staff the store, provide a shared checkout experience and host a loyalty program.

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Has retail’s focus on cutting costs boosted retail crime?

Inside Retail

Myer, for example, recently announced that it would be partnering with undercover police officers to curb theft in its department stores. In our recent report , we asked loss prevention managers the most common tactics used, and the most common are still very simple tactics that require no planning,” Townsley said.

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Everything you need to know about Amazon’s first physical clothing store

Inside Retail

The first store will open later this year at The Americana at Brand, a shopping centre in Los Angeles, and reportedly be around 30,000 square feet – much smaller than a typical department store, which is around 100,000 square feet. Amazon has not shared the names of any labels that it plans to carry in the store.

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Three key takeaways from Wesfarmers’ strategy day

Inside Retail

Bunnings is looking to improve the customer experience for its trade customers with an expanded range of specialty products, tailored customer service desks in stores, dedicated self-checkout, load-and-go spaces and a fully transactional e-commerce site. Kmart, Target and Catch working smarter, not harder.