The Department Store dilemma

Retail Focus

Unfortunately for many department stores, the pandemic has been a final blow in the battle with online retail, spiralling real estate costs and difficulty serving up physical retail that is consistently experiential, engaging and adaptable.

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.

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Japanese department store Takashimaya looks to the future

Inside Retail

Takashimaya’s Nihombashi flagship store, originally built in the 1930’s by Nippon Life Insurance, was given the status of Important Cultural Property in 2009. On August 15, the company reported sales for July at its 14 domestic department stores, which were up 11.1%

Amazon to test department stores in offline expansion

Inside Retail

Amazon.com is to open several department stores in its home US market to test the concept as it continues to build out its multichannel business model. Department stores’ share of the overall US market has fallen from 14.5

How Malaysian department store Pavilion is connecting with customers

Inside Retail

Businesses that offer customers both physical and online store options tend to see higher customer engagement and sales. per cent (RM95 billion in total retail sales), and all retail sub-sectors such as fashion, department stores and grocery are expected to rebound.

Inside Shinsegae: The Korean department store with a golden boot

Inside Retail

Online sales grew slightly faster than sales in physical stores, partly, says the Ministry, because online grocery sales have become more mainstream. Of the store-based retailers, department stores enjoyed the fastest growth: 18.4

Myer board spill avoided as the department store gets two new directors

Inside Retail

Department store Myer failed to avoid a second strike after its Remuneration Report received only ~65 per cent of shareholder votes, triggering a board spill that was ultimately avoided. Business Department stores Featured Post HR Latest Management Sectors Myer

“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. Why would Amazon open a department store?

How Korea’s big 3 department stores are killing it right now

Inside Retail

First quarter results for calendar year 2022 are in for the three biggest Korean department store retailers, and the numbers are encouraging. Collectively, the domestic department stores of the three companies brought in net sales of 1.9

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? Umbers sees room to improve the way Selfridges’ digital and physical stores work together.

Less Is More for This Department Store

VMS

I N A CITY THAT’S a kaleidoscope of colorful storefronts, neon lights and billboards, Hyundai’s new department store is a departure. It’s not like a regular department store,” says Diego Burdi, Co-Founder and Creative Director at Burdifilek. “It’s

Analysis: How Australian department stores can thrive in a post-Covid world

Inside Retail

Those brands that have avoided bankruptcy have often been forced to undertake aggressive cost reduction and store closures. Create differentiated in-store experiences. Australian department stores should feel optimistic about the future.

Department store foot traffic is down, but recovering: report

Retail Dive

Mid-tier department stores have seen a greater drop in visits than their luxury counterparts, according to Placer.ai analysis

Post Covid, department stores are refocusing their menswear offer

Inside Retail

Department stores globally are adjusting their product offer to reflect rapid changes in the menswear category as the impact of the Covid-19 pandemic on the category wears off. While the lines are blurring between sports and fashion, this also questions the store layout.”.

Multi-dimensional, story-telling design for South Korea’s largest, luxury department store

Retail Focus

Lotte enlisted London luxury retail designers Shed , known for a distinctly contemporary and progressive international design style, to reimagine a ‘different kind’ of department store, Lotte’s first major project in 7 years. News Projects Property Lotte Department Store Shed Design

A-COLD-WALL* Lotte Department Store, Jamsil, Seoul set to launch

Retail Focus

A-COLD-WALL* has announced the launch of a second Seoul concept store-in-store this month. Located on the fourth floor of the storied Lotte Department Store, part of the MAN’s fashion division, this new site brings to life Samuel Ross’ singular vision across fifty-three square metres.

Department Stores – what does the future hold?

Retail Focus

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.

As Malls Reinvent Themselves, Department Stores Will Need to Rethink and Redesign

Retail TouchPoints

As the American mall undergoes a period of radical reinvention, department stores are being brought along for the ride. As department stores and retailers change, the central question is how do you bring people back ?” Department Stores’ Return to Their Roots.

Bloomingdale’s debuts virtual department store for the holidays

Retail Dive

A multi-branded space features shopping experiences from Ralph Lauren, Nespresso and Chanel

David Jones is the latest department store to embrace resale. Here’s why

Inside Retail

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. The post David Jones is the latest department store to embrace resale.

Kohl’s to Pivot from Department Stores

VMS

Kohl’s (Menomonee Falls, WI) announced a bold change of direction on Monday, saying it wants to pivot from a department store into “a focused lifestyle concept,” Retail Dive reports. Remodeling existing stores when a new Sephora shop-in-shop is introduced.

Can this year's department store recovery last?

Retail Dive

The sector is having a good holiday season after bouncing back this year as consumers refreshed their closets. But its problems haven't gone away

Would you get married in a department store? Selfridges says ‘I do’

Inside Retail

Selfridges has just raised the bar when it comes to giving customers an experience they’ll never forget with the launch of micro-weddings at its London store this summer. A part of that narrative has been to move to experiential retail and maximise its unique offerings and services in-store.

The Department Store dilemma

365 Retail

Unfortunately for many department stores, the pandemic has been a final blow in the battle with online retail, spiralling real estate costs and difficulty serving up physical retail that is consistently experiential, engaging and adaptable.

Is Bloomie's the future of department stores?

Retail Dive

The concept store may prove the company's agility and ability to bring in new audiences

The demise of the department store? Not so fast

Retail Dive

Department stores still have a strong value proposition, if only they can reimagine their experience, write Alvarez and Marsal's Mohit Mohal and Jonathan Sharp

WSJ Report: Department Store Will be Amazon’s Next Brick-and-Mortar Venture

Retail TouchPoints

Amazon is continuing its advance into brick-and-mortar with plans for a series of large-footprint department store-style locations, according to the Wall Street Journal , which cited people familiar with the matter.

Report: Selfridges Seeks $5.5B Sale as UK Department Stores Continue to Struggle

Retail TouchPoints

Selfridges ’ owners have launched a formal auction to sell the department store chain, which has been valued as high as £4 billion ( $5.5 A successful deal could see two of the UK’s most historic department stores coming together under a single owner.

Department Store’s Design Shows Less Can Be More

VMS

I N A CITY THAT’S a kaleidoscope of colorful storefronts, neon lights and billboards, Hyundai’s new department store is a departure. It’s not like a regular department store,” says Diego Burdi, Co-Founder and Creative Director at Burdifilek. “It’s

Does the Historic Makeover of an Iconic Paris Retailer Chart a Path for Department Stores’ Revival?

Retail TouchPoints

For more than 150 years, Parisian department store La Samaritaine has overlooked the banks of the Seine, a sweeping expanse of glass and intricately painted iron that proudly proclaimed the store’s position at the center of French commerce, both geographically and ideologically.

Department Stores – what does the future hold?

365 Retail

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.

Walmart's store redesign could spell more trouble for department stores

Retail Dive

The retail giant seems to be taking a page from Target's revamp, which in turn has embraced some of the best elements of old school merchandising

OMA adds wood-clad escalators to KaDeWe department store in Berlin

Dezeen

Architecture studio OMA has revealed images of the first completed part of its renovation of Berlin department store KaDeWe, a retail and event space connected by wood-clad escalators. The quadrant encompasses the beauty department. The department store is located in Berlin.

Why are department stores a target for e-commerce spinoffs?

Retail Dive

Those who've declared the Saks online-offline split a success now want the same for Macy's and Kohl's. Here's why they're vulnerable

Remember when Macy's was the one removing department store names?

Retail Dive

Now it's facing the unfortunate prospect of another retailer's logo splashed upon its hometown flagship, just in time for its famous Thanksgiving parade

Amazon is getting into the department store business: WSJ

Retail Dive

The e-commerce giant has yet to conquer brick and mortar, but there may be a lot of opportunity to grab share using a model that has let itself go

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.

Is Dillard’s setting the pace for mid-tier department stores?

Retail Dive

As rivals struggle to redefine the legacy model, the Southern chain has stuck with its founding family — and retail fundamentals

The Good Store, a new sustainable department store, opens in Mayfair

Retail Times

The Good Store is a new sustainable department store offering a range of products from clothing to health, beauty and homeware, while also promoting environmental and community projects which aim to change places and lives for good. Retail News Retailer News The Good Store

Department Store Offers Shoppers a Calming, Biophilic Space

VMS

Originally scheduled for an October 2020 opening, the seventh location for this family-run department store was caught in the middle of the global predicament – to build or not to build, to cancel or push on? Opening any store requires an exact timeline.

How Macy's set out to conquer the department store business — and lost

Retail Dive

At the dawn of the 21st century, the 160-year-old retailer expanded amid the sector's steep decline. What now

“Candy Department Store” Is a Thrill for Sugar Seekers

VMS

is a store straight from your childhood dreams. It follows in the footsteps of its predecessor, the American Dream store in East Rutherford, N.J., which is dubbed the first ever “candy department store.”. “At I T’SUGAR (Deerfield Beach, Fla.)

Mexican department store buys a nearly 10 percent stake in Nordstrom

Retail Wire

Liverpool, the high-end department store chain, has acquired a 9.9 percent stake in Nordstrom. The Mexican company reported double-digit sales growth in the second quarter, which it attributed to its inventory management expertise, solid merchandising and higher prices.