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What’s driving the transformation of China’s department stores?

Inside Retail

Once seen as a staple of urban retail, department stores in China are undergoing a transformative reinvention. Market struggles Chinas department-store sector has long been a foundational part of the countrys commercial infrastructure, but in recent years, it has been under mounting pressure.

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Purchaser of 28 Hudson’s Bay Leases Plans New Department Store Concept

Retail TouchPoints

Liu is reportedly planning to launch a new department store concept aimed at a broad, multicultural Canadian audience, according to reporting in Retail Insider and other media outlets.

Insiders

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Macy’s to Adapt Best-Seller About Department Store Icons into TV Series

Retail TouchPoints

Still, scripted television is a new realm for the department store, and certainly not the kind of project that most retailers would take on. For several years now Macys has been working to prove its own resilience as the department store sector undergoes massive upheaval.

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Von Maur Named America’s Best Department Store by Newsweek for Third Consecutive Year

Retail Wire

Von Maur Department Store has been named America’s Best Department Store for the third year in a row by Newsweek.

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Myer’s sales decline despite higher online sales

Inside Retail

The department store chain booked sales of $1.59 per cent, impacted by the temporary closure of the Werribee store from February 14 to November 29. Its online store sales rose 2.8 Myer’s sales declined in the 22 weeks ended December 28 amid challenging trading conditions. billion, down 0.8

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David Jones launches online app in $65m digital transformation journey

Inside Retail

Department store chain David Jones has launched its online app, a cornerstone of the retailer’s three-year, $65 million technology transformation project.

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Myer’s net profit tumbles as labour, marketing costs increase

Inside Retail

The department store chain noted incurring higher employee costs, higher support office costs related to a new marketing agency and a separate investment in transformation capabilities. billion, attributed to mixed trading conditions, store closures, and Myer Exclusive Brands stock trapped at its national distribution centre.