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Indian retail conglomerate Reliance Industries Limited has signed a franchise agreement with American luxury departmentstore 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.
First quarter results for calendar year 2022 are in for the three biggest Korean departmentstoreretailers, and the numbers are encouraging. Shinsegae, Lotte, and Hyundai account for the top nine departmentstores in the country (coming in at number 10 is Galleria’s high-end flagship in Seoul). trillion KRW ($2.1
And while Central Group’s publicly listed subsidiary, Central Retail, has denied any involvement in the transaction, multiple reports suggest that another division of the conglomerate is involved in the talks. Central’s superregional malls and departmentstores are ubiquitous in Thailand.
We have assembled all the numbers you need, including store operations, shopper behaviors, how retailersmarket their businesses, and much more. If you own a retailstore or are considering shop ideas for a new one, take a look at the stats below. Retail Statistics: The Big Picture. Physical Stores.
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