Retail TouchPoints

NOVEMBER 21, 2023

November and December holiday sales average around 19% of total retail sales, per the NRF , and this share can be even higher for some department stores and specialty retailers. In many ways, the same trends we see in consumers’ Q4 shopping behaviors mirror their TV viewership. Per Adobe Analytics , consumers spent $11.3

Shopping 266

Shopping Specialty Retailers Consumer Department Stores 266

Retail TouchPoints

NOVEMBER 18, 2022

million people plan to shop between Thanksgiving Day and Cyber Monday in 2022, representing 69% of all holiday shoppers, according to a survey conducted by the National Retail Federation (NRF) and Prosper Analytics. Black Friday is once again the top day to shop, with 114.9 An estimated 166.3 billion , compared with $28.1

Shopping 278

Shopping Department Stores Planning Accounting 278

Inside Retail

FEBRUARY 24, 2022

Myer has announced the closure of its Blacktown store in Sydney’s outer west, a move that follows the reduction of footprints of five other stores across Australia. . Since then it has closed stores located at Logan, Hornsby, Emporium and – most recently – Knox, last August.

Planning 246

Planning Department Stores Accounting Location 246

Inside Retail

OCTOBER 12, 2021

Australian department store David Jones has become the latest retailer to sell pre-owned clothing following the announcement of its partnership with Sydney-based luxury reseller Blue Spinach last week. It also offers second-hand items in its London flagship store through a partnership with online resale platform Vestiaire Collective.

Department Stores 130

Department Stores Accessories Fashion Returns 130

Retail TouchPoints

MARCH 7, 2023

As part of the retailer’s plans to open 100 locations in 2023, Ross Stores opened 11 Ross Dress for Less and eight dd’s Discounts stores in 13 states during February and March. This is the second year in a row when Ross Stores will grow its footprint by 100 locations while maintaining the same ratio of Ross to dd’s shops.

Planning 262

Planning Apparel Discount Store Department Stores 262

Retail TouchPoints

MARCH 1, 2021

Sephora is continuing its move away from malls with the announcement of the largest store expansion in its 21-year history in the U.S. More than 260 new stores are slated to open this year, including 60 freestanding locations and 200 shop-in-shops inside Kohl’s department stores.

Location 325

Location Planning Department Stores Shopping 325

Inside Retail

FEBRUARY 8, 2024

Myer currently operates 56 department stores across Australia, as well as its online business and in-house brands including Sass and Bide, Marcs and David Lawrence. It’s no secret that consumer-facing retail has had a tough year trying to stay price-competitive for customers. million and now account for 21.3

Department Stores 264

Department Stores Inventory Management Planning Returns 264

Inside Retail

OCTOBER 26, 2023

Macy’s has been stepping up to the plate with a series of new moves, from the expansion of its smaller-footprint stores, to a new digital fashion platform targeting younger shoppers. But while these initiatives sound promising, the question remains: can the department store chain truly adapt to the needs of the modern-day consumer?

Department Stores 245

Department Stores Fashion Grocer Location 245

365 Retail

SEPTEMBER 15, 2021

The huge increase in online shopping over the past decade or so has had a major impact on department stores, with many consumers turning to Amazon, eBay and other online shops for shopping, rather than a more traditional trip out to a physical store. Changing culture of shopping.

Department Stores 73

Department Stores Outdoor Payment Services Shopping 73

Inside Retail

JANUARY 21, 2024

Customer experience is almost as important to consumers as the product itself, and the experience of buying a luxury item directly from the designer is an area in which luxury brands are constantly investing. Longchamp manages 325 direct-to-consumer stores through 25 distribution subsidiaries around the world. billion in 2024.

Boutique 262

Boutique Department Stores Fashion Accessories 262

Retail Dive

OCTOBER 1, 2021

A survey found that 62% of respondents plan on shopping with big-box retailers during the holiday season, followed by department stores and malls.

Planning 120

Planning Department Stores Consumer Shopping 120

Inside Retail

FEBRUARY 27, 2024

This week, Macy’s announced plans to shut down 150 “underproductive” stores, more than one-fifth of its department store assemblage, over the next three years. The closures are a part of the retailer’s plan “to create a more modern Macy’s, Inc. per cent of its workforce. Where did Macy’s go wrong?

Department Stores 130

Department Stores Location Finance Planning 130

Retail TouchPoints

AUGUST 30, 2021

Retail rode strong into Q2 2021 as shoppers returned to stores even as digital sales remained elevated. The spring and early summer was an optimistic time for many consumers who finally emerged from lockdowns looking to refresh their wardrobes and find items suited for smaller local outings during the warmer months.

Consumer 325

Consumer Fulfillment Department Stores Sporting Goods 325

Inside Retail

NOVEMBER 2, 2023

Despite the efforts that go into planning, maintaining and marketing local shopping areas, the people who use these places are often not consulted about what they actually want and need on their main street. What are the key shops and services? We wanted to find out what consumers see as their ideal local shopping street.

Department Stores 299

Department Stores Shopping Marketing Planning 299

Retail TouchPoints

JANUARY 24, 2024

This retail renaissance is not just a return to traditional shopping spaces but also signifies a shift in the shoppers’ culture, expectations and behaviors. The move toward experiential shopping is vital in bringing people back to physical retail spaces, creating an emotional connection that can’t be found while online shopping.

Returns 324

Returns Department Stores Store Layout Fast Fashion 324

Inside Retail

JANUARY 10, 2024

The world’s largest retailer shared expansive plans for the future of retail at the recent Consumer Electronics Show (CES 2024), focusing on adaptive retail strategies that encompass realms of customers, workforce and society. Embracing AI Walmart’s goal is to make shopping experiences effortless, engaging and personalised.

Shopping 262

Shopping Payment Services Social Commerce Checkout 262

Retail TouchPoints

MARCH 13, 2024

Despite Tightening Wallets, Select Brands Flourish As spend growth softened in the second half of 2023 across discretionary categories and companies geared toward more price-conscious consumers flourished, opportunities presented themselves for brands that kept an open mind. However, not all customers behave the same.

Payment Services 256

Payment Services Consumer Customer Retention Marketing 256

Inside Retail

AUGUST 11, 2022

Department store giant David Jones unveiled the latest Spring/Summer collections this week in its Elizabeth Street flagship in Sydney. The runway featured local and international brands such as Aje, Camilla and Marc, Hugo Boss, P.E. Nation, Carla Zampatti, Matteau, Balmain, Balenciaga and Alexander McQueen.

Department Stores 246

Department Stores Accessories Fashion Management 246

Inside Retail

SEPTEMBER 16, 2021

Myer’s online sales have more than doubled since John King took over running the department store in 2018, and the CEO believes they can double again to reach $1 billion in the not-too-distant future. But while online sales boomed in FY21, Myer’s in-store sales suffered from forced closures during lockdown. Myer reported $539.5

Planning 130

Planning Net Profit Department Stores Fulfillment 130

Retail TouchPoints

JULY 14, 2023

Consumers are expected to spend a record $41.5 billion on back-to-school (BTS) shopping this year, up from $36.9 billion , with the top products planned for purchase including laptops ( 51% ), tablets ( 36% ) and calculators ( 29% ). Families with children in elementary through high school plan to spend an average of $890.07

Discount Store 233

Discount Store Department Stores Planning Accessories 233

Inside Retail

DECEMBER 20, 2022

A fundamental question about the future of David Jones was put to rest this week, after the retailer’s parent company Woolworths Holdings announced the sale of the department store chain to Australian private equity firm Anchorage Capital Partners on Monday. We’ve seen a general consumer trend away from department stores.”.

Department Stores 246

Department Stores Supermarket Management Marketing 246

Mass Relators

OCTOBER 19, 2023

WASHINGTON – Consumers celebrating the winter holidays expect to spend an average of $875 on gifts, food and seasonal items, according to a survey conducted by Prosper Insights & Analytics for the National Retail Federation. Survey respondents said they were planning to spend about $620 on gifts.

Consumer 52

Consumer Discount Store Department Stores Accessories 52

Retail Times

AUGUST 20, 2021

Amazon's plans to open several department-style stores across the US, offering consumers the chance to physically shop for clothing, household items, electronics, and other popular goods, will send ripples through the retail sector, says software specialist VAI.

Department Stores 76

Department Stores Planning Consumer Shopping 76

Inside Retail

FEBRUARY 25, 2024

L’Occitane purchased Dr Vranjes Firenze in January this year for a reported US$164 million, or approximately 12 times its core earnings, from Bluegum Capital Partners, a European private equity fund that specialises in consumer brands. Dr Vranjes Firenze was founded by Dr Paolo Vranjes in 1983 from a small shop in the heart of Florence.

Department Stores 130

Department Stores Boutique Target Market Point of Sale 130

365 Retail

JANUARY 9, 2024

In December 2023, the UK witnessed a modest rise in consumer card spending, increasing by 2.3% However, the entertainment and travel sectors saw a surge as consumers eagerly booked experiences and getaways for 2024. Contrastingly, food and drink specialist stores like butchers and delicatessens enjoyed a 5.1% compared to 3.3%

Consumer 104

Consumer Supermarket Department Stores Promotions 104

Inside Retail

DECEMBER 11, 2023

Since the retailer’s establishment in 1858, Macy’s has become one of the most well-known department stores in the US, if not the world. Like many retailers, both in the US and internationally, Macy’s has been impacted by the decline in consumer interest in shopping in traditional department stores amidst the rise of online shopping.

Department Stores 244

Department Stores Merchant Services Management Store Operations 244

Retail TouchPoints

JANUARY 29, 2021

adults plan to celebrate Valentine’s Day this year, spending a total of $21.8 The holiday may be serving as a form of release for pent-up consumers: nearly three-quarters ( 73% ) of shoppers celebrating Valentine’s Day this year feel it is important to do so given the current state of the pandemic. Just over half ( 52% ) of U.S.

Specialty Store 306

Specialty Store Discount Store Department Stores Planning 306

Retail Gazette

SEPTEMBER 14, 2023

John Lewis losses before tax narrowed in its half year but chair Dame Sharon White’s plan has been pushed back two years due to “inflationary pressures” Losses before tax and exceptional items were £57.3m, a 14% improvement on last year. Waitrose trading operating profit improved from 16% to £504.4m

Planning 68

Planning Grocer Department Stores Fashion 68

Inside Retail

MAY 24, 2021

The suite of treatments available at the third Clarins Open Spa are designed to offer pampering and relaxation to time-poor consumers. Korean department stores diversify into food delivery services. The ‘dawn delivery’ and ‘free return’ services have been expanded in collaboration with affiliated online shopping malls.

Department Stores 246

Department Stores Boutique Supermarket Planning 246

Indigo 9 Digital

JANUARY 30, 2023

A mall was the place where you could grab a bite to eat and get your shopping done all within one trip. While malls still serve this function today the advent of online shopping has meant your local mall isn’t the only game in town. The first shopping centre in the United States opened in Edina, Minnesota in 1956.

Shopping 98

Shopping Department Stores Location Planning 98

Inside Retail

SEPTEMBER 26, 2021

For the past few weeks, reports tha t Amazon is planning to open mini-department stores in the US have been making headlines and capturing industry attention, despite the lack of details and comment from the e-commerce giant. . In the Western world, we’ve all grown up shopping from a young age.

Department Stores 242

Department Stores Consumer Planning Shopping 242

A1 Retail

NOVEMBER 9, 2022

The Barclaycard report combines hundreds of millions of customer transactions with consumer research to provide an in-depth view of UK spending. Consumer card spending grew 3.5 per cent rise in consumer price inflation – as the cost-of-living crunch continues to put pressure on Brits’ personal finances. per cent – 1.8

Consumer 98

Consumer Planning Beauty and Health Finance 98

Retail TouchPoints

JANUARY 19, 2022

Whether customers are shopping for formalwear, athleticwear or home décor, they know they’re going to get high-quality goods designed with longevity in mind. The consumer is looking for aspirational product stories and we have a unique opportunity to serve them in this space.”. Heritage sometimes isn’t enough ,” Louvet admitted.

Department Stores 259

Department Stores Wholesale Consumer Fashion 259

Retail TouchPoints

FEBRUARY 7, 2023

The mall, which opened after a years-long delay in October 2019 , struggled (as many retailers and malls did) with COVID-19’s impact on in-person shopping. American Dream’s newest tenant will be The ADdress, a 55,000-square-foot multi-brand store in a space that previously had been leased by Century 21 , according to Glossy.

Payment Services 256

Payment Services Department Stores Checkout Finance 256

Retail TouchPoints

JULY 21, 2023

Macy’s has unveiled the first of four new private label brands it plans to roll out through 2025 as the department store reimagines its private label offerings. The new brand, called On 34th in homage to the location of the brand’s historic NYC flagship, features apparel and accessories “designed for women, by women.”

Department Stores 243

Department Stores Accessories Apparel Planning 243

Retail TouchPoints

MARCH 20, 2024

Embrace the ‘Ceremony’ of the In-Store Experience During COVID-19 shutdowns, consumers quickly got used to browsing and buying online. Now that consumers have come back into the stores, everybody really wants an experience,” Plenert said. “Now When they go shopping, they want to be treated specially.

Specialty Retailers 276

Specialty Retailers Department Stores Consumer Advertising 276

Inside Retail

SEPTEMBER 19, 2021

A new on-demand delivery app is connecting consumers with personal shoppers who will go in-store to make a purchase for them and bring it to their doorstep within two hours. Online shopping is convenient, but it often falls down when it comes to delivery times,” Bartalotta told Inside Retail. “It’s

Shopping 130

Shopping Supermarket Boutique Department Stores 130