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.

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

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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.

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?

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.

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.

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.

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.

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.

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

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 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 Touch

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 Touch

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.

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

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.

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

Retail Touch

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.

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

Amazon Opening New Retail Experience, Similar to Department Store

VMS

Seattle) has announced its intentions to open a new retail experience, similar to a department store, The Wall Street Journal reports. There’s no official confirmation of what the company plans to sell in store, but speculation is that their own private labels will be heavily showcased.

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.

Amazon’s New Department Stores: Robots and 4 More Things to Expect

VMS

The retail and tech punditry were abuzz following a recent report from The Wall Street Journal (subscription required) spelling out what Amazon (Seattle) has planned for its department stores, the e-commerce giant’s latest foray into brick and mortar.

Sears to close the last department store in its home state

Retail Dive

The retailer's perpetual diminishment continues, with only a few dozen large-format stores left under its namesake and Kmart brands

Situ Live’s fresh take on the traditional department store

A1 Retail

Launching at Westfield London on 30 September, Situ Live is a fresh take on the traditional department store. The venue will feature an everchanging curation of world-class brands—from household names to cutting-edge technology you will not find in any other stores. At Situ Live shoppers will be able to pick the right products for them from a carefully curated edit and will be able to understand how to get the most out of them, guided by our expert store staff.

Oslo’s luxury department store Steen & Strøm relaunched

A1 Retail

Oslo’s luxury, contemporary department store Steen & Strøm, which is managed by Promenaden Management, is officially relaunched today following a major NOK 300 million (£25.7 Steen & Strøm first opened in 1797 and is the oldest running luxury department store in the world.

WSJ Report: Amazon Plans New Department Store Chain

Shopping Center

Seattle — Amazon, the Seattle-based e-commerce giant, is planning to open a chain of department stores to boost its sales in clothing, household items, electronics and other areas. The news comes from a Wall Street Journal report citing “people familiar… The post WSJ Report: Amazon Plans New Department Store Chain appeared first on Shopping Center Business.

Amazon to open its own department stores

Retail Wire

Amazon.com plans to open several large retail stores in California and Ohio that will offer many of the popular apparel, consumer electronics, household and other brands sold in major retail chains.

Leaf-shaped aluminium panels cover ceiling of Tokyo department store

Dezeen

Japanese studio Lighting Planners Associates lit a white tree-like canopy for the interior refurbishment of the historic Nihombashi Mitsukoshi Main Store in Tokyo. The first floor of Nihombashi Mitsukoshi Main Store has been refurbished.

Oslo’s luxury department store Steen & Strøm relaunches following major NOK 300m upgrade

Retail Times

Oslo’s luxury, contemporary department store Steen & Strøm, which is managed by Promenaden Management, has officially relaunched following a major NOK 300 million (£25.7 The completed investment works to the more than 220-year-old iconic department store include a brand-new entrance onto Norway’s busiest shopping street for the first time in its history, a state-of-the-art beauty hall and upgraded architecture which introduces a stunning new atrium.

CBRE Global Investors signs Know The Origin, sustainability focused department store, at Angel Central in Islington

Retail Times

CBRE Global Investors has announced that sustainability-focused department store, Know the Origin, has opened its latest pop-up and first zero-waste store at community-led retail and leisure destination, Angel Central.

Harvey Norman profit tumbles 35 per cent from pandemic high

Inside Retail

According to the department store business, exchange rates across Europe, Singapore and Malaysia hurt the business’ aggregated sales, and were only partially offset by growth in the New Zealand dollar and the UK pound.

California bill would require gender neutral displays in department stores

Retail Wire

The California State Senate has passed a bill that, if also passed by the Assembly, would mandate that department stores in the state with 500 or more employees create gender neutral merchandising sections displaying a “a reasonable selection” of items “regardless of whether they have been traditionally marketed for either girls or for boys.”

Exclusive: Target Australia MD talks turnaround ahead of brand relaunch

Inside Retail

The closure or conversion of 144 Target stores in FY21 has left the retailer with a network of around 140 stores today, a much smaller business that is simpler and less costly to run with a stronger focus on digital sales. Taking share off specialty stores.

Americans prefer buying their shoes in department stores

Retail Wire

Americans continue to turn to department stores like Macy’s and Nordstrom when they need to buy non-athletic shoes.

Best & Less to go public as Australia’s crowded discount sector heats up

Inside Retail

Australian discount department store business Best & Less plans to raise about $72.3 The IPO caps off a strong period of growth for Best & Less, which operates 246 bricks-and-mortar stores across the Best & Less and Postie chains in Australia and New Zealand, respectively.

SaksWorks combines department store and co-working space

Retail Wire

Saks Fifth Avenue is adding co-working spaces to its department stores. The SaksWorks concept opened for the first time last month with space at the retailer’s flagship store in Midtown Manhattan and another on the site of a former Saks in the Financial District. The company is counting on New Yorkers who want a break from working in their tiny apartments to be attracted to space designed for them. in-article

Amazon’s plans for cashierless department store will send ripples through retail sector, says software specialist

Retail Times

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.

Extreme Department Store to Open 15,003-Square-Foot Store Near Yankee Stadium in New York City

Shopping Center

New York City — Extreme Department Store has signed a 10-year lease for 15,003 square feet at Concourse Plaza in the New York City borough of the Bronx.

Department stores struggle to make it through the pandemic

Retail Wire

Nearly 200 department stores have been shuttered over the past year and another 800 are forecast for the same fate by the end of 2025, according to Green Street Advisors.

Peloton launches in Westfield, partners with David Jones

Inside Retail

Fitness brand Peloton is launching its first Australian showroom later this week, and will partner with department store David Jones to boost its bricks-and-mortar presence. Business Department stores Financial Health & beauty Sectors Top Stories David Jones Peloton

Amazon’s department stores to feature high-tech changing rooms

Retail Wire

The department store concept Amazon.com is reportedly opening will include high-tech dressing rooms where clothes are brought to customers after they have scanned QR codes on items they’d like to try on. Touchscreens located in dressing rooms may also recommend other choices based on items that customers have initially chosen. in-article

Oslo department store Steen & Strøm completes NOK 300m redevelopment with luxury beauty hall

Retail Times

Norwegian contemporary department store Steen & Strøm, which is managed by Promenaden Management, is launching a brand-new 900sq m (9,700sq ft) Beauty Hall this month as part of a major NOK 300 million (£25.7 The renovation of the Beauty Hall is part of a two-year master plan to bring the 224-year-old department store into the future, strengthening its offering and ensuring it stays at the forefront of luxury and contemporary retail in Scandinavia.