Inside Retail

FEBRUARY 2, 2023

The biggest swing occurred in department store spending, which saw a 14.3 Especially in department stores, where the consumer appetite to spend appears to have fallen so dramatically between November and December? I think consumer spending, certainly in discretionary spending categories, will normalise and soften.

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Department Stores Consumer Discount Store Shopping 130

Inside Retail

FEBRUARY 5, 2024

Department store chain Myer expects fiscal first-half sales and net profit to decline year over year amid a challenging trading environment. “Like many retailers, we have had to contend with inflationary pressures and greater promotional cadence, which has an impact on profits.” Online sales account for 21.3

Net Profit 303

Net Profit Department Stores Accounting Promotions 303

Inside Retail

JANUARY 29, 2024

Australian retail sales increased minimally last December as more consumers opted to purchase on Black Friday in the prior month, reflecting cost of living pressures. ” Department store sales climbed 3.7 ” Department store sales climbed 3.7 billion in December, up 0.8 per cent year over year.

Department Stores 290

Department Stores Accessories Promotions Consumer 290

Inside Retail

APRIL 14, 2025

They demand little from viewers, each episode lasts a minute or two, easily consumed between subway stops or during lunch breaks. Consumers are tired of obvious ads being shoved in their faces or having their feed interrupted by commercials. But success requires a delicate balance between entertainment and promotion.

Retail Marketing 189

Retail Marketing Marketing Department Stores Advertising 189

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.

Department Stores 246

Department Stores Beauty and Health Accounting Promotions 246

Retail TouchPoints

MARCH 22, 2022

According to the second annual report from the global architecture and design firm, shopping centers, malls and department stores are being transformed into mixed-use spaces, a trend that prioritizes the needs of consumers whose time is valuable as they change the ways they live, work, shop, dine, exercise and socialize.

Department Stores 299

Department Stores Shopping Promotions Consumer 299

Inside Retail

JUNE 28, 2023

Clothing, footwear, and accessories sales were up 4 per cent followed by department store sales at 3.4 Due to “cooler than average weather” and early promotional activity, “modest growth” was observed in other retailing at 2.2 per cent while household goods fell by 4.4 per cent, the ABS said. per cent, WA at 5.7 per cent.

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Promotions Department Stores Accessories Consumer 240

Inside Retail

FEBRUARY 8, 2024

Myer currently operates 56 department stores across Australia, as well as its online business and in-house brands including Sass and Bide, Marcs and David Lawrence. It’s no secret that consumer-facing retail has had a tough year trying to stay price-competitive for customers. million and now account for 21.3

Department Stores 264

Department Stores Inventory Management Planning Returns 264

Inside Retail

JULY 22, 2024

The Reserve Bank is, of course, not so interested in profitability but may be swayed by 2024 financial year sales results that retailers have eked out with heavy and less enriching promotional activity. Clothing and footwear stores started the half well bettering 2023 sales with a 2.4 Department stores followed suit with January up 1.7

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Department Stores Promotions Consumer Returns 261

Retail TouchPoints

NOVEMBER 18, 2022

Online search is the top source of gift inspiration, at 43% , followed by friends and family at 35% and within a store at 31%. The top five categories for gift-giving consumers are clothing at 55% , followed by gift cards at 45% , toys at 37% , books/music/movies/video games at 33% and food/candy at 31%. billion , compared with $28.1

Shopping 289

Shopping Department Stores Planning Accounting 289

Retail TouchPoints

JANUARY 24, 2024

Whether through specific recommendations, exclusive in-store experiences, or personalized promotions, brands strive to make each shopper feel seen. The concept of personalization is not limited to individual stores but also extends to the overall mall experience.

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Returns Department Stores Store Layout Fast Fashion 335

Retail TouchPoints

MARCH 7, 2025

Digital payments capabilities are particularly important to luxury retailers, supermarkets and department stores, while online retailers are less likely to stress this goal. Consumer and Retail Leader at KPMG in an interview with Retail TouchPoints.

Payment Services 138

Payment Services Fulfillment Department Stores Customer Experience 138

Retail TouchPoints

OCTOBER 6, 2022

Rather than being limited to a jam-packed four to five weeks from Black Friday to Christmas Eve, consumers are beginning their shopping as early as October (with a few doing so even earlier than that). But despite the rush, retailers still have multiple opportunities to maximize both in-store sales and online conversions.

Merchant Services 287

Merchant Services Payment Services Promotions Location 287

Retail Gazette

MARCH 11, 2025

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 department store. Group chief executive Dan Finley said: Debenhams is back.

Department Stores 90

Department Stores Fast Fashion Fashion Finance 90

Retail Focus

DECEMBER 6, 2022

Global high-performance wellness brand, Hyperice , opens its first pop-up shop at luxury department store, Harrods. Jim Huether, CEO of Hyperice says: “Harrods’ is the world’s most iconic department store. Today, the company is a holistic high-performance wellness brand with numerous product lines and categories.

Department Stores 245

Department Stores Clienteling ATS Promotions 245

Inside Retail

JANUARY 8, 2024

billion, which Australian Retailers Association (ARA) CEO Paul Zahra said reflects how consumers prioritise essentials amid a cost-of-living crisis. Department stores inched 3.3 “The strong rise suggests that consumers held back on discretionary spending in October to take advantage of discounts in November. .

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Department Stores Accessories Promotions Consumer 264

Inside Retail

SEPTEMBER 20, 2024

Myer’s executive chair Olivia Wirth gave her first full-year earnings report to investors on Friday since officially stepping into the top job at the department store chain on June 4. OW: The reality for us is, promotion always plays a role in retail and we recognise that, and promotion will always be there.

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Promotions Department Stores Customer Experience Returns 264

Inside Retail

AUGUST 3, 2023

ARA CEO Paul Zahra said the decline demonstrates a continued slowdown in consumer spending – and adds to the pressure retailers are already under as the cost of doing business skyrockets. per cent by volume, and in department stores by 1.4 ABS figures show a sales decline of 0.5 per cent in the preceding quarter and 0.4

Department Stores 246

Department Stores Apparel Promotions Consumer 246

Retail TouchPoints

MARCH 6, 2023

An ear-shaped “chandel-ear” designed by Formichetti welcomes shoppers and highlights the brand’s #EarPrint campaign promoting its ear-piercing services. Two dedicated ear-piercing studios in the Paris store also showcase the service, and an in-store content creation studio invites consumers to get creative.

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Grocer Fashion Jewelry Location 306

Inside Retail

JULY 27, 2023

per cent year-on-year in June as consumers spent more than $35.1 billion in stores and online, according to data from the Australian Bureau of Statistics (ABS). per cent followed by department stores, down 2.1 There was extra discounting and promotional activity in May, leading up to mid-year sales events.

Department Stores 235

Department Stores Accessories Consumer Promotions 235

Wiser

OCTOBER 2, 2018

However, one marketing tactic has stood the test of time, and for good reason: the promotion. . Shoppers won’t know your excellent sales if you don’t promote them. Promotions are one of the best ways to communicate your discounts, sales periods, and other crucial information to your target audience. Black Friday Winners .

Promotions 103

Promotions Apparel Sporting Goods Jewelry 103

Inside Retail

APRIL 12, 2023

The country’s growing economy and expanding middle class have created a favourable environment for global brands to set up shop and tap into a new consumer base. billion Direct-to-Consumer (D2C) shipments by 2030. In recent years, India has emerged as a major market for luxury brands.

Department Stores 261

Department Stores Consumer Marketing Accounting 261

Inside Retail

SEPTEMBER 18, 2024

Aptos develops and delivers unified commerce solutions for specialty softlines, hardlines and department store chains in North America, Europe, Asia and ANZ. Many more are also now inquiring about the ability to make it easy for their stores to go (and sell) where customers gather.

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Suggestive Selling Clienteling Fulfillment Shipping 264

Retail TouchPoints

APRIL 19, 2021

Retail TouchPoints (RTP) : Why are consumers flocking to livestream shopping? Matt Moorut: Livestream shopping allows consumers to discover new products in a channel that they are already using. For younger consumers, this is an extension of the way they behave online. consumers via this channel? .

Shopping 227

Shopping Social Commerce Promotions Department Stores 227

Retail Focus

DECEMBER 12, 2023

Product displays are transformed with a festive twist, featuring Christmas-themed versions that not only promote offers but also connect products to the joyful and gift-giving spirit of the season. They go beyond promoting products; they create lasting memories and emotional resonances.

Consumer 264

Consumer Department Stores Promotions Returns 264

Retail TouchPoints

OCTOBER 11, 2022

Next stop — your favorite department store to pick out an outfit for a work trip later in the week. The store is quite busy, so you flag down a salesperson and they help you check out from a mobile point-of-sale (POS) system. How vulnerable is the data that is stored on said devices? How secure are these mobile devices?

Payment Services 278

Payment Services Checkout Point of Sale Management 278

Inside Retail

JUNE 1, 2021

“The Clinique Laboratories concept has been designed with today’s savvy, well-researched consumer in mind, who prioritise individuality and self-expression above all else,” said George Gottl, co-founder and chief creative officer of Uxus. Starbucks US sells stake in South Korean business.

Department Stores 240

Department Stores Promotions Returns Fashion 240

Inside Retail

JANUARY 3, 2023

Whether it’s a small boutique or a major department store chain, all businesses can harness the potential of this powerful technology. At Amazon, algorithms are used to track consumer behaviour and adapt product recommendations based on a wide range of factors.

Payment Services 290

Payment Services Shopping Checkout Kiosk 290

Retail TouchPoints

MARCH 1, 2024

He compared the level of interest of a consumer who had simply seen a Natori ad on social media to one who had “gone to the website, added something to their bag and abandoned the cart. That’s much more useful [data] than the first consumer. We aren’t blindly retargeting every user,” said Natori.

Department Stores 274

Department Stores Wholesale Finance Apparel 274

Retail TouchPoints

MAY 15, 2024

Designing the Future of Existing Shopping Malls Repositioning shopping malls to facilitate greater flexibility in usage beyond retail will enable these spaces to adjust to evolving market trends and shifting consumer preferences. This deliberate design ensures that West End can remain adaptable to evolving consumer needs well into the future.

Shopping 279

Shopping Department Stores Location Outdoor 279

Retail TouchPoints

FEBRUARY 10, 2023

In 1999, the company was acquired by Louis Vuitton Möet Hennessy , but perhaps its biggest brush with fame occurred in 1997 when Princess Diana made a surprise visit to the brand’s newly opened counter at the famed Harrod’s department store. CTR is considered strong).

Marketing 301

Marketing Promotions Department Stores Returns 301

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?

Department Stores 72

Department Stores Accessories Fashion Location 72

Retail TouchPoints

JANUARY 20, 2022

In mid-2021 rumors also surfaced of plans for large-footprint department stores , although Amazon hasn’t formally announced anything along these lines. Amazon Style could be a first foray in the department store realm where the company could expand to other untouched categories at brick-and-mortar, such as homewares.

Payment Services 263

Payment Services Apparel Inventory Management Department Stores 263

Inside Retail

APRIL 26, 2021

Australian online clothing rental company GlamCorner is adapting its offering as more brands look to launch their own branded rental service amidst major changes in consumer behaviour. This resonates with younger consumers in particular.

Fashion 246

Fashion Marketing Fulfillment Fast Fashion 246

Inside Retail

JULY 13, 2023

Consumers believe that sellers, distributors, and e-commerce stores share responsibility for ensuring product authenticity, with a desire for more ways to verify authenticity and reliable customer service. He said that the pandemic and related lockdowns and movement restrictions were a further blow to physical store operations.

Consumer 130

Consumer Payment Services Fulfillment Department Stores 130

Retail TouchPoints

MARCH 3, 2023

at Family Dollar stores, but even discounters are facing cautious consumer spending and employee pay raises that aren’t expected to pay off for some time. We were competitive but measured in our promotions, took strategic markdowns and intentionally did not chase unprofitable sales. during Q4, but they were up 0.6%

Markdowns 311

Markdowns Operating Expenses Department Stores Planning 311

365 Retail

JANUARY 9, 2024

In December 2023, the UK witnessed a modest rise in consumer card spending, increasing by 2.3% However, the entertainment and travel sectors saw a surge as consumers eagerly booked experiences and getaways for 2024. Contrastingly, food and drink specialist stores like butchers and delicatessens enjoyed a 5.1% compared to 3.3%

Consumer 105

Consumer Supermarket Department Stores Promotions 105