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Once seen as a staple of urban retail, departmentstores in China are undergoing a transformative reinvention. Market struggles Chinas department-store sector has long been a foundational part of the countrys commercial infrastructure, but in recent years, it has been under mounting pressure.
Still, scripted television is a new realm for the departmentstore, and certainly not the kind of project that most retailers would take on. For several years now Macys has been working to prove its own resilience as the departmentstore sector undergoes massive upheaval.
“The popularity of Black Friday sales continues to grow with promotional activity now stretching across the entire month of November, not just solely focused on the Black Friday weekend.” However, departmentstore sales fell 1.2 ” November sales jumped 3 per cent to $36.51 per cent to $5.57 per cent to $3.07
Sales were down at the departmentstore in both Q4 2024 and for the full year, both of which ended Feb. Adjustments to the companys selection of national brands and promotional strategy also are underway. In Q4, net sales decreased 9.4% and comparable sales were down 6.7% and comparable sales were down 6.5%.
Discount departmentstore division Big W saw sales slip 1.5 ” In the food division, sales of long-life items were supported by promotional programs, while growth in fresh item sales improved due to lower prices on chilled items and stronger growth in meats. . Store-originated sales for this quarter increased by 1.4
Discount retailers focus on affordability, and specialty stores cater to unique interests. Next, let’s explore how departmentstores and chain stores fit into your shopping strategy. Specialty stores cater to specific product categories, allowing for personalized service and a wider range of brands.
Another compelling example comes from a leading departmentstore that implemented AI pricing across its physical and digital channels. In the test group of brick-and-mortar stores, the AI solution led to a 13% increase in new and existing customers while boosting basket-level revenue by 4%.
billion, and departmentstores jumped 1.6 “Retail spending held firm following strong growth in recent months with promotional activity stretched across the quarter,” said Robert Ewing, ABS head of business statistics. Cafes, restaurants and takeaway food services increased 4.7 per cent to $5.54 per cent to $14.64
The Black Friday Cyber Monday sales period has expanded to become ‘Black November’ this year, with many retailers and brands starting their promotions earlier than ever. In 2021, the business went live with its promotions on November 18, in 2022 on November 15 and last year on November 9. This presents a predicament for retailers.
The consensus within the retail industry is that Nordstroms partnership deal with the Mexican retail group will improve the departmentstore retailers chances of thriving at a time when many legacy players, like Macys, are struggling to survive. However, long-term success for Nordstrom wont come without further changes.
Retailers must constantly update their in-store displays, promotional setups, and product showcases to capture customer interest and reflect current trends. Flexibility and Reusability Retail environments require frequent changes in layout—seasonal promotions, product launches, and holiday campaigns demand quick, adaptable solutions.
Departmentstores are trying too A different take on the propagation of culture can be seen in departmentstores, which in places like Japan, Singapore and Bangkok have seen themselves, at least secondarily, as torchbearers of national heritage.
So, how can retailers create the perfect atmosphere in-store to deliver on customer experience and keep shoppers loyal? According to the research, promotions (58 percent) are still key, but equally important is friendly staff (57 percent), while good music playing defines the experience for a further quarter (23 percent).
Food store sales climbed 0.7% over the month, with supermarkets benefiting from seasonal promotions. Non-store retailing — which includes online sales — jumped 1.7%, taking it to its highest level since February 2022.
But for Jeff Warren Macys vice president of selling and customer experience, and one of the key people involved in reinvigorating the departmentstores relationship with its customers sticking with the status quo is not an option. billion and stores numbering 868 globally. The initiative has shown success so far, with 3.4
The companies have also developed effective partnerships with global retailers while at the same time vigorously promoting Thai culture and local Thai designers. The store is the work of Central DepartmentStore Group, a sibling company of Central Pattana.
For leading grocers and general merchandise retailers alike, digitizing store infrastructure is becoming foundational to staying competitive and future-ready. The accounting practice, embraced by departmentstores in the 1920s, is outdated, skews key metrics and fosters bad decisions, analysts say. By Daphne Howland • Feb.
The business has also promoted Debenhams finance director Phil Ellis to the role of new chief financial officer, replacing Stephen Morana with immediate effect. Rebuilt for the future and transformed into Britains leading online departmentstore. Group chief executive Dan Finley said: Debenhams is back.
Digital payments capabilities are particularly important to luxury retailers, supermarkets and departmentstores, while online retailers are less likely to stress this goal. Rodrigo gave the example of a customer going to a brick-and-mortar store to pick up a BOPIS order.
Grocery stores that promote organic or specialty foods frequently include budget lines to attract customers who can no longer afford premium items. When inflation is high, departmentstores expand their clearance sections. During inflation, many discount retailers increase their market share, while others struggle.
Despite rising promotional activity and an increased cost of business, Myer has achieved sales growth, albeit dragged down by the performance of its apparel brands. The company says its second-half sales rose 1.9 per cent year on year to $837.2 Comparable sales were up 1.5 per cent, while online sales rose by 9 per cent to account for 21.4
That’s why applying smart inventory management tips isn’t just helpful — it’s essential for retailers in the apparel, Footwear, Jewelry, Sporting Goods, Home Goods, and departmentstore industries. Leverage Flash Sales and Promotional Events Create urgency with limited-time promotions, in-store events, or flash sales.
For brands in sectors such as apparel, Footwear, Jewelry, Sporting Goods, Home Goods, and DepartmentStores, finding the right retail pricing strategies is crucial to survival and profitability. This works well in sporting goods or home goods stores where accessories or related items can be grouped together.
Like many legacy retailers, the Australian departmentstore chain founded in 1838 faces the challenge of its updating backend systems to create a seamless experience for its customers. The app is just one of the ways David Jones aims to bridge the gap between online and in-store transactions. What can I learn?
Pharmacy delivery, which is available at the majority of the retailer’s stores, is promoting “sticky behavior” among customers, Rainey said. You can unsubscribe at anytime. Along with improving its stance on fresh foods, Walmart is also focused on convenience for its customers, he added.
But success requires a delicate balance between entertainment and promotion. Further reading: Whats driving the transformation of Chinas departmentstores? For brands, the lesson is clear: micro-dramas offer a compelling route to cultural relevance and consumer engagement, especially with younger, digital-native audiences.
Here’s why this quarter is critical: Consumer behavior shifts toward spending: The holiday season triggers gift-buying, bulk shopping, and a willingness to spend on deals and promotions. Strategies for Product Manufacturers : Start Promotions Early : Tease discounts a week in advance to build excitement and capture early interest.
But for Kim, who oversees a network that spans departmentstores, supermarkets, home shopping platforms and international malls, the shift isnt just about moving from brick to click. Its about redefining what customers value and rebuilding their trust in an increasingly automated, choice-saturated world.
Under her Customer leadership, we have grown customer numbers, our loyalty programmes, our net promoter scores and brand and customer satisfaction metrics. A John Lewis Partnership spokesperson said: Over the last three years, Charlotte has made a significant contribution to our business.
AI is allowing you to personalise in such a way that vendors are able to use their promotional dollars more effectively, which means they give you more money. Meanwhile, Scott Price, group CEO of DFI Retail Group, highlighted how data is accelerating the disruption of traditional economic retail models.
Is it time to give up on the departmentstore ? Weve seen three consecutive quarters of improvement in our net promoter scores, in addition to three consecutive quarters of comp store sales growth [at these 50 stores]. Is it Time to Give up on the DepartmentStore? Should Macys Inc.
Thailand has a wide variety of shopping options, including shopping malls, community malls, departmentstores and outlet malls. Central Pattana, Thailand’s biggest developer of enclosed vertical malls, manages 42 shopping centres (including 40 Central-branded shopping malls, of which 16 are in greater Bangkok).
Published June 27, 2025 By Howard Ruben post share post print email license The departmentstore is offering free shipping on all e-commerce purchases during its Summer Cyber Deals event. In its most recent quarter, the departmentstore reported Q1 net sales fell 4.1% You can unsubscribe at anytime. with comps down 3.9%.
With this deal, the departmentstore company will not pursue the $350 million in financing that was slated to close Monday. Dive Insight: Saks Global’s bondholders appear to be jockeying for position at an uncertain time for the newly minted departmentstore conglomerate. You can unsubscribe at anytime.
Published July 11, 2025 By Howard Ruben post share post print email license Rack Room Shoes announced the promotions of Chief Merchandise Officer Brian Burnett and Chief Digital Officer Molly Hartney. Courtesy of Rack Room Shoes Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback.
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