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After the golden age: Why department stores are no longer glamorous

Inside Retail

When Laura Peden was growing up in the 1970s, department stores were a special place. Decades later, she still vividly remembers how she and her grandmother would travel into Myer’s city store at Christmas to see the “insanely fascinating” windows. The department store was no longer the star attraction.

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7-Eleven parent to sell Sogo & Seibu for US$1.4 billion – report

Inside Retail

Seven & I Holdings, which owns 7-Eleven chain, is set to sell its department store chain Sogo & Seibu to US fund Fortress for US$1.4 The site also said Japanese home appliance store operator Yodobashi Holdings is considering buying some of the Sogo & Seibu sites and diverting proceeds to the US fund.

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Retail appointments of the week: Puma, Nike, Tory Burch

Inside Retail

Dogan’s most recent role was as president of Amazon Fashion. Tory Burch Japan names Edouard Roche as president By Tong Van American women’s fashion label Tory Burch has appointed Edouard Roche as its new president and representative director of its Japan business. Boonsri has about 20 years of experience in department store management.

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Analysis: Should Macy’s accept its $8.8 billion acquisition offer

Inside Retail

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.

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Luxury resort wear brand Camilla opens at Sydney Airport

Inside Retail

Camilla, an Australian luxury resort wear brand, has entered the duty-free store operated by Heinemann Australia at Sydney Airport as part of a new pop-up campaign. The post Luxury resort wear brand Camilla opens at Sydney Airport appeared first on Inside Retail.

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David Jones launches exclusive swim shorts, celebrating its 185th anniversary 

Inside Retail

David Jones was anticipated to cut up to 100 employees in August as its department store operations were examined under the new owner. Vacay Swimwear has become one of the number one men’s swimwear brands at David Jones since its introduction three years ago.

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Ross Stores Plans 100 Openings in 2023 as it Pursues Goal of 3,500+ Stores

Retail TouchPoints

The latest batch of store openings marks dd’s Discounts’ entry into Wisconsin and has led to a larger presence for both banners in California, Texas and Florida. 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.

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