Remove Consumer Remove Department Stores Remove Wholesale
article thumbnail

Inside Natori’s Transformation from High-End Wholesaler to Omnichannel Brand

Retail TouchPoints

The company’s wholesale business is still thriving, but now it’s only part of an omnichannel strategy that includes ecommerce , social commerce and marketplaces. Loyalty to those stores used to be 100% — a top customer would go to Neiman Marcus for everything and not go anywhere else. And earn his stripes he has.

Wholesale 214
article thumbnail

Q2 2021 Roundup: How Target, Macy’s and Foot Locker Harnessed Consumer Optimism

Retail TouchPoints

Retail rode strong into Q2 2021 as shoppers returned to stores even as digital sales remained elevated. The spring and early summer was an optimistic time for many consumers who finally emerged from lockdowns looking to refresh their wardrobes and find items suited for smaller local outings during the warmer months.

Consumer 305
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Will Saks Global create the ultimate department store behemoth?

Inside Retail

The long-anticipated deal between Saks Fifth Avenue and Neiman Marcus could create the ultimate department store behemoth at a time when legacy players are facing increased competition from luxury e-commerce companies and a new generation of high-end brands blending premium products with immersive experiences. billion deal.

article thumbnail

A marriage of convenience? Myer’s acquisition of Premier’s apparel brands

Inside Retail

However, the merger plan faces a likely regulatory hurdle after the Australian Competition and Consumer Commission has indicated a number of competition concerns. The Premier brands could also provide the department stores with expanded merchandise range options.

Apparel 277
article thumbnail

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

article thumbnail

Inside Designworks’ four-pronged expansion strategy

Inside Retail

Designworks is the wholesale arm of Brand Collective, which recently merged with Pas Group to form a $600 million business in April. And it supplies to department stores, such as David Jones, Myer, Kmart and Big W. And it supplies to department stores, such as David Jones, Myer, Kmart and Big W.

article thumbnail

Scheduling Transparency, Safety are Retail Workers’ Biggest Concerns this Holiday Season

Retail TouchPoints

As consumers furiously stock up on everything they need for under the tree and around the table, retail workers — who make up more than one quarter of the U.S. Many people will be left to handle a store, understaffed, underpaid and without the chance of getting to spend time visiting family. We’re consumers also; we get it.