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Japan’s retail sector faces challenges amid weak consumer confidence

Inside Retail

Department stores, which have traditionally been one of the favourite retail go-to places for high-end chocolates, have had to think a little bit out of the box (or out of the square if you prefer). Chocolate isnt everything A worldwide scarcity of cocoa isnt the only thing thats bothering Japans department stores though.

Consumer 130
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Saks Fifth Avenue teams with Reliance Retail to enter India amid luxury boom

Inside Retail

Indian retail conglomerate Reliance Industries Limited has signed a franchise agreement with American luxury department store Saks Fifth Avenue to expand its luxury retail portfolio through its subsidiary Reliance Retail, the company said in its third-quarter financial report last week.

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Three malls with great CX: American Dream, Battersea Power Station, Chadstone

Inside Retail

A fresh food market pavilion, alfresco dining and another office tower are still to come. Local department stores Myer and David Jones anchor Chadstone’s retail offering, alongside budget retailers and supermarkets, a cinema, local and international flagships, over 335 specialty stores and the most expansive luxury offering in Australia.

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Why Filipino mall giant SM Prime remains committed to regional expansion

Inside Retail

The retail operations are not just confined to malls but also incorporate custom-built high streets and markets. The wet market still reigns supreme for the time being. Eleven of these have already been developed in regional areas. billion of revenue in 2023.

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The Weekly Closeout: Authentic hires an Amazon vet, Dôen secures funding

Retail Dive

Daily Dive M-F DTC Weekly Every Tuesday Marketing Weekly Every Wednesday Tech Weekly Every Thursday Operations Weekly Every Monday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. Derner comes to Authentic from Amazon, where he most recently was the director of Amazon fashion and luxury stores.

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How Korea’s big 3 department stores are killing it right now

Inside Retail

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

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Why department stores are thriving in Japan even as the US sector shrinks

Inside Retail

For once, department stores are leading a retail sales recovery instead of lagging it. The nation’s 56,000 convenience stores posted a sales increase of 5.4 Large specialty stores selling home appliances (2,667 of them) were down by 4.6 per cent and home improvement sales (4,440 stores) were down 0.4