Inside Retail

MAY 22, 2022

First quarter results for calendar year 2022 are in for the three biggest Korean department store retailers, and the numbers are encouraging. Shinsegae, Lotte, and Hyundai account for the top nine department stores in the country (coming in at number 10 is Galleria’s high-end flagship in Seoul). trillion KRW ($2.1

Department Stores 130

Department Stores Apparel Specialty Store Wholesale 130

Inside Retail

SEPTEMBER 6, 2022

Retail prices increased 4.8 per cent through the year to the June quarter with the largest price rises seen in food and household goods. “On On a quarterly basis, overall retail price growth has already exceeded sales volume growth in both the March and June quarters,” says Rumbens. “On per cent price growth.”.

Supermarket 246

Supermarket Retailing Pricing Apparel Department Stores 246

Inside Retail

MARCH 10, 2022

After a rollercoaster six months of lockdowns, Christmas and Omicron, department store Myer yesterday delivered a strong half year result with net profit up 55 per cent and its first dividend payment since FY17. We know the program is a highly valuable differentiator in the market.”. Loyalty is king.

Payment Services 246

Payment Services Net Profit Department Stores Planning 246

Inside Retail

MAY 29, 2023

Loewe and Canada Goose’s entry into the Australian market highlights the resilience of the luxury sector, and reinforces the notion that the affluent are less hamstrung by rising interest rates, and other cost-of-living challenges. However, he said that the department store would continue to emphasise its value-for-money offering.

Department Stores 130

Department Stores Fashion Location Apparel 130

Retail Gazette

NOVEMBER 23, 2023

They produce bumper sales for retailers such as Harrods, Boots, and Net-a-Porter. Department store Liberty even called out its record beauty calendar sales as factor behind its growing profits last year. The advent calendar market has “expanded hugely in recent years and shows no signs of abating,” she says.

Department Stores 120

Department Stores Drop-Shipping Fashion Marketing 120

365 Retail

MAY 4, 2021

If the customer finds what Moss Bros calls “a keeper” there is the option to buy for up to 50% off the retail price. When people started talking about sustainability in some cases, I think it was a little bit of marketing speak, but I think it’s real now.”. billion by 2029.

Fast Fashion 87

Fast Fashion Department Stores Fashion Retailing Pricing 87

Inside Retail

SEPTEMBER 19, 2022

Customer expectations of engagement and experience in retail are changing equally quickly. Not that long ago, walking into a carefully organised grocery market, hearing a pianist perform in the centre of a high-end department store, or having a retail associate help guide you represented a good retail customer experience.

Customer Experience 147

Customer Experience Customer Retention Marketing Promotions 147