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Department stores still drive retail sales growth in Japan – for now

Inside Retail

Japan’s department stores bear a striking resemblance to cruise ships: they’re big, luxurious, move glacially and serve an ageing customer. Japan’s Ministry of Economy, Trade and Industry (METI) reports that department stores led the retail sales recovery through the first five months of the year. per cent gain.

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3 Keys to Creating a Successful Third-Party Marketplace: Compete on Your Terms, Not Amazon’s

Retail TouchPoints

As online competition heats up, third-party marketplaces are proving to be a cost-effective and relatively low-risk way for retailers to expand their product offerings and capture consumer mindshare. In fact, many third-party marketplaces are nearly invisible to the end consumer. But this model is unlikely to work for most retailers.

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Preparing for the Unknown: Effectively Using Data to Predict this Year’s Holiday Trends

Retail TouchPoints

While many customers will have purchases shipped directly to their homes this year, brick-and-mortar stores have rolled out their own solutions that may impact the way we approach the 2021 holidays. Location, Location, Location. But more durable goods are also likely to see an abrupt change in sales. Take luggage for example.

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Exclusive Q&A: Fast Break for High-End Sneaker Marketplace The Edit LDN

Retail TouchPoints

On the brick-and-mortar side, The Edit LDN has been selling high-end footwear at the iconic Harrods department store in Knightsbridge for a year, and plans to expand to a Galeries Lafayette in Doha, Qatar beginning Nov. We offer lots of added value for members, including pre-access to sneaker drops and free shipping within the UK.

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Have we reached peak Christmas advent calendar?

Retail Gazette

Department store Liberty even called out its record beauty calendar sales as factor behind its growing profits last year. Social media marketing, in particular, where the advent calendars are sent to content creators in advance for unboxing, has helped to entice consumers to buy them,” she says.

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6 Reasons Walmart’s eCommerce Strategy is Winning

Indigo 9 Digital

Since 90% of the United States population lives within 10 miles of a Walmart store this move has become a game changer for the retailer. Consumers love shopping online but what they really want is control. Be honest, before the pandemic weren’t you were part of the vast majority of consumers that had never tried curbside pickup?

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Retail Insider Transforming Awards – the Most Promising Newcomer category

Retail Insider

The Great British Exchange offers a route to market for small and artisan British brands through partnerships with the likes of Ocado, John Lewis and Amazon while Street Bees runs focus groups that upend traditional market research procedures in favour of in the moment reaction from consumers. 2020 winner Infarm.