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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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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 MORE
The retailer's perpetual diminishment continues, with only a few dozen large-format stores left under its namesake and Kmart brands MORE
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. MORE
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. MORE
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.” MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
Americans continue to turn to department stores like Macy’s and Nordstrom when they need to buy non-athletic shoes. MORE
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. MORE
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 MORE
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. MORE
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. MORE
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. MORE
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 MORE
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. MORE
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. MORE
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. MORE
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. MORE
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 MORE
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. MORE
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 MORE
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. MORE
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 MORE
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. MORE
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 MORE
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. MORE
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. MORE
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. MORE
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? MORE
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. MORE
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 MORE
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 MORE
Department Stores Related Topics Retail Focus
JUNE 22, 2021
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.
Inside Retail
AUGUST 19, 2021
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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Inside Retail
JUNE 30, 2021
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 Retail
NOVEMBER 3, 2021
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
Inside Retail
AUGUST 22, 2021
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?
Inside Retail
AUGUST 2, 2021
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.
Inside Retail
JULY 28, 2021
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.
365 Retail
JUNE 22, 2021
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.
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. The post David Jones is the latest department store to embrace resale.
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.
Retail Dive
SEPTEMBER 20, 2021
The concept store may prove the company's agility and ability to bring in new audiences
Inside Retail
MAY 11, 2021
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.
Retail Dive
AUGUST 11, 2021
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
Retail Touch
AUGUST 19, 2021
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.
Retail Touch
JULY 27, 2021
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.
Retail Dive
NOVEMBER 1, 2021
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
Dezeen
OCTOBER 27, 2021
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.
Retail Touch
SEPTEMBER 29, 2021
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.
Retail Dive
OCTOBER 12, 2021
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
Retail Dive
AUGUST 19, 2021
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
VMS
AUGUST 19, 2021
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 Retail
APRIL 27, 2021
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.
VMS
OCTOBER 6, 2021
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.
Retail Dive
SEPTEMBER 17, 2021
The retailer's perpetual diminishment continues, with only a few dozen large-format stores left under its namesake and Kmart brands
A1 Retail
JULY 20, 2021
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.
A1 Retail
MAY 24, 2021
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.
Shopping Center
AUGUST 20, 2021
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.
Retail Wire
AUGUST 19, 2021
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.
Dezeen
NOVEMBER 24, 2020
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.
Retail Times
MAY 24, 2021
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.
Retail Times
JULY 29, 2021
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.
Inside Retail
NOVEMBER 23, 2021
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.
Retail Wire
SEPTEMBER 2, 2021
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.”
Inside Retail
SEPTEMBER 13, 2021
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.
Retail Wire
APRIL 22, 2021
Americans continue to turn to department stores like Macy’s and Nordstrom when they need to buy non-athletic shoes.
Inside Retail
MAY 18, 2021
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.
Retail Wire
OCTOBER 18, 2021
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
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.
Shopping Center
MAY 3, 2021
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.
Retail Wire
APRIL 16, 2021
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.
Inside Retail
OCTOBER 10, 2021
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
Retail Wire
SEPTEMBER 22, 2021
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
Retail Times
MAY 6, 2021
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.
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