Inside Retail

MARCH 26, 2024

Australian luxe-for-less beauty brand MCoBeauty launched into the US market this week and is now stocked in over 1,800 Kroger Co stores. Inside Retail: How did MCoBeauty approach entering into the US market? SS: The Kroger Co and its family of stores, including Kroger, Fred Meyer, Ralph’s, Dillions and Smith’s.

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Retail Gazette

SEPTEMBER 25, 2023

Frasers Group unveiled its latest Frasers flagship in Norwich last weekend as it continues the rollout of its upmarket “next generation” department store format. Its rollout comes as the department store sector has undergone much change in recent years. ” Is Frasers the future department store?

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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. The company reportedly plans to sell home goods, electronics and other items and may also offer exchange services. trillion USD.

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Department Stores Visual Merchandising Planning Marketing 98

Retail Gazette

DECEMBER 28, 2023

Frasers Group unveiled its latest Frasers flagship in Norwich in September as it continues the rollout of its upmarket “next generation” department store format. Its rollout comes as the department store sector has undergone much change in recent years. ” Is Frasers the future department store?

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Inside Retail

JANUARY 21, 2024

The luxury market is categorised by its exclusivity, maintained through a combination of high price points, consciously limited product volumes, reputation and customer experience, amongst other factors. Longchamp manages 325 direct-to-consumer stores through 25 distribution subsidiaries around the world. “The billion in 2024.

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Boutique Department Stores Fashion Accessories 262

Inside Retail

SEPTEMBER 5, 2022

Our focus has been to get our product and marketing strategies right with superior fits and top-tier campaigns,” Santamaria said. In the UK, the business is already sold through a number of department stores and third-party retailers, but Seafolly’s new website will allow customers to buy directly from the brand.

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Inside Retail

JUNE 9, 2021

Fast-growing Australian online retailer Canningvale plans to relaunch the iconic Singaporean department store Robinsons as an online-only business this month after acquiring the company’s digital assets for an undisclosed sum. Some of the brands have a history with Robinsons, while others are new to the department store. .

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Inside Retail

OCTOBER 26, 2023

Macy’s has been stepping up to the plate with a series of new moves, from the expansion of its smaller-footprint stores, to a new digital fashion platform targeting younger shoppers. But while these initiatives sound promising, the question remains: can the department store chain truly adapt to the needs of the modern-day consumer?

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Inside Retail

JUNE 4, 2023

In an ASX announcement, the department store’s board thanked King for his “extraordinary contribution” and added that his decision to leave is based on “being with his family as their health circumstances demand.” When he took over the helm of Myer in 2018, it was losing sales and struggling.

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Department Stores Specialty Retailers Returns Planning 264

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. Changing culture of shopping.

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Inside Retail

FEBRUARY 27, 2024

This week, Macy’s announced plans to shut down 150 “underproductive” stores, more than one-fifth of its department store assemblage, over the next three years. The closures are a part of the retailer’s plan “to create a more modern Macy’s, Inc. per cent of its workforce. In December, Macy’s received a $5.8

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Retail TouchPoints

MARCH 1, 2021

Sephora is continuing its move away from malls with the announcement of the largest store expansion in its 21-year history in the U.S. More than 260 new stores are slated to open this year, including 60 freestanding locations and 200 shop-in-shops inside Kohl’s department stores.

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Retail TouchPoints

MAY 5, 2023

Macy’s will expand its off-mall presence by opening additional Market by Macy’s and Bloomie’s shops — smaller versions of the Macy’s and Bloomingdale’s department stores, respectively — even as it shutters full-size stores. growth at Bloomingdale’s stores during the same period. This was compared to a 3.3%

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Department Stores Checkout Location Planning 278

365 Retail

JULY 5, 2021

Department store John Lewis has announced plans to build 10,000 rental homes over the next few years to help address the national housing crisis. John Lewis plans to move into the property rental market (Kirsty O’Connor/PA). John Lewis reported a £517 million pre-tax loss for the year to January 30 2021.

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Planning Marketing Department Stores Returns 86

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. New entrance. shoppers every year.

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Department Stores Fashion Boutique Management 64

Inside Retail

SEPTEMBER 16, 2021

Myer’s online sales have more than doubled since John King took over running the department store in 2018, and the CEO believes they can double again to reach $1 billion in the not-too-distant future. But while online sales boomed in FY21, Myer’s in-store sales suffered from forced closures during lockdown. Myer reported $539.5

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Planning Net Profit Department Stores Fulfillment 130

Retail TouchPoints

FEBRUARY 9, 2024

In late 2022, Neiman Marcus Group (NMG) entered a long-term agreement with Farfetch that saw the marketplace invest $200 million in the department store chain. The moves by Neiman and Kering follow the contentious sale of Farfetch to South Korean ecommerce company Coupang , which was completed on Jan.

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Department Stores Boutique Finance Fashion 277

Inside Retail

NOVEMBER 2, 2023

Despite the efforts that go into planning, maintaining and marketing local shopping areas, the people who use these places are often not consulted about what they actually want and need on their main street. So what types of stores and services do they want? The top ten stores and services in an ideal main street.

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Department Stores Shopping Marketing Planning 299

Inside Retail

FEBRUARY 1, 2024

The high perfumery now has six global flagships with plans to open another four locations within the APAC region over the next 12 months. Niche fragrance brands are entering the Australian market and are catering to most budgets and ethical preferences with brands such as budget-friendly Àerre and vegan Who is Elijah.

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Department Stores Boutique Marketing Location 130

Inside Retail

NOVEMBER 23, 2023

The company plans to further boost its growth in global markets, as well as launch its first ready-to-wear collection featuring boucle coats, jackets and guipure next year. The post Tutu Du Monde opens first flagship, in Sydney appeared first on Inside Retail Australia.

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Department Stores Accessories Fashion Location 264

Inside Retail

DECEMBER 20, 2022

A fundamental question about the future of David Jones was put to rest this week, after the retailer’s parent company Woolworths Holdings announced the sale of the department store chain to Australian private equity firm Anchorage Capital Partners on Monday. Growing in a shrinking market.

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Department Stores Supermarket Management Marketing 246

Retail TouchPoints

MARCH 29, 2024

Data from Statista shows that the average tenure of chief marketing officers (CMOs) at the leading 100 advertisers in the United States reached 39.6 Leadership is not about projecting an image of perfection but about staying true to oneself and being transparent when things don’t go as planned. months – or 3.3

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Inside Retail

FEBRUARY 25, 2024

Dr Vranjes Firenze’s launch in the Australian market last December through a partnership with David Jones could be a sign of further global expansion to come, following L’Occitane Group’s recent acquisition of the luxury Italian home fragrance brand. Its work with premium Australian department store chain David Jones is an example of this.

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Department Stores Boutique Target Market Point of Sale 130

Retail TouchPoints

SEPTEMBER 20, 2022

The Nordstrom Board of Directors has adopted a one-year shareholder rights plan, a.k.a. of the retailer’s stock by Mexican luxury department store Liverpool. 30, 2022 will have the right to purchase shares of Nordstrom common stock at a 50% discount to the then-current market price. The Nordstrom plan expires on Sept.

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Department Stores Returns Planning Marketing 288

Retail TouchPoints

MARCH 3, 2023

Nordstrom will shutter its six full-line department stores and seven Nordstrom Rack stores in Canada, along with its Canadian website , in a move that is expected to save the retailer $35 million in EBIT in fiscal 2023 compared to fiscal 2022. Nordstrom’s Canadian operations employ approximately 2,500 people. “We in a statement.

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Department Stores Customer Experience Planning Store Operations 289

Inside Retail

NOVEMBER 8, 2022

And it supplies to department stores, such as David Jones, Myer, Kmart and Big W. We have 75 per cent market share of sporting equipment in boxing, so online is a growing area that exploded during Covid-19, as everyone was setting up home gyms,” Norton said. “We According to Norton, Designwoks plans to expand in four key areas.

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Department Stores Wholesale Consumer Marketing 246

Inside Retail

DECEMBER 11, 2023

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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Department Stores Merchant Services Management Store Operations 244

Retail TouchPoints

OCTOBER 19, 2021

Saks’ IPO plans are reportedly what prompted Jana Partners to take a stake in Macy’s and push for the department store to spin off its own ecommerce operations. Jana Partners believes Macy’s could be worth as much as $14 billion as an ecommerce pure play, compared to its current market value of about $6.9

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Department Stores Planning Marketing ATS 278

Retail TouchPoints

FEBRUARY 9, 2023

Kohl’s has named Nick Jones as its new Chief Marketing and Digital Officer, effective next month. One of Kohl’s bright spots has been its Sephora at Kohl’s partnership; the retailer announced in August 2022 that it planned to expand the store-in-store initiative chainwide.

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Department Stores ATS Planning Marketing 276

Retail TouchPoints

NOVEMBER 8, 2022

Kohl’s CEO Michelle Gass will leave the department store retailer to take on the newly created position of President, LS&Co., The move sets in motion a succession plan for Gass to succeed Bergh as CEO within the next 18 months. reporting to Levi Strauss & Co. President and CEO Chip Bergh. Beginning Jan. Beginning Jan.

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Inside Retail

JUNE 30, 2021

From using non-toxic paint in stores to digitising documents to avoid paper waste, more businesses are taking steps to make their physical operations more sustainable. That includes the Japanese department store chain Takashimaya. Takashimaya opened its first store in Kyoto, Japan, in 1831, selling gofuku (formal kimono).

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Retail TouchPoints

OCTOBER 18, 2021

Activist investor Jana Partners has taken an undisclosed stake in Macy’s and is prodding the department store chain to separate its ecommerce business from its brick-and-mortar operations. Macy’s total current market value is around $6.9 billion annual online business. billion annual online business.

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Department Stores Store Operations Planning Location 237

Inside Retail

SEPTEMBER 26, 2021

For the past few weeks, reports tha t Amazon is planning to open mini-department stores in the US have been making headlines and capturing industry attention, despite the lack of details and comment from the e-commerce giant. . Competing with Alibaba. billion fine in April.

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Department Stores Consumer Planning Shopping 242

Retail TouchPoints

APRIL 29, 2022

BJ’s Wholesale Club is testing out a smaller store format called BJ’s market. The first 43,000 -square-foot concept store opened in Warwick, R.I. BJ’s market will offer the same product sizes and pricing as BJ’s club stores, as well as the same omnichannel services such as curbside pickup and same-day delivery.

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Wholesale Department Stores Fulfillment Fashion 297

Inside Retail

JANUARY 4, 2022

Luxury British store chain Selfridges is being sold to a Thai retailer and an Austrian property company in a deal that a source close to the matter said was worth around 4 billion pounds (US$5.37 With Selfridges, they hope to build a luxury department store empire, complemented by an online business.

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Department Stores Management Retail Marketing Planning 130

Retail TouchPoints

MARCH 13, 2024

The trend of a cautious yet resilient consumer has continued into the early stages of 2024, with high-ticket luxury and department store industries underperforming sectors that sell necessities — online retail, discount/club, automotive and grocery. Full-service restaurants are trailing their limited-service peers.

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Payment Services Consumer Customer Retention Marketing 261

Independent Retailer

NOVEMBER 8, 2022

Discover new brands, visit with industry partners, and get the first look at the latest footwear trends at FFANY Market Week. Facilitating the needs of the non-NYC showroom FFANY members during New York City Market Weeks. Maintaining and organizing vital showroom, member location, leadership, and contact data for Market Weeks.

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Marketing ATS Boutique Department Stores 77