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Japan’s retail sector faces challenges amid weak consumer confidence

Inside Retail

It all adds up to a nasty bite to the pocketbook of consumers everywhere who are looking to shower one of the worlds favourite romantic gifts on their loved ones. Consumer confidence is weak and getting worse. There are other indicators too that specialty stores are gaining market share. on a scale of 0-100.

Consumer 130
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Aeon Mall hits the right note in Japan and Vietnam, but China is still problematic

Inside Retail

Aeon Mall, Japans biggest mall operator and an increasingly influential one throughout Southeast Asia, has turned in another record quarter for operating revenue, but not every one of its markets is singing from the same songbook. While Japan and Vietnam are delivering, China is problematic and Cambodia is still stubbornly weak. per cent.

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

Inside Retail

Infant stage The department store industry is nascent in India since the format (as per the usual definition) does not exist yet, Selvane Mohandas du Mnil, managing director at International Association of Department Stores (IADS), told Inside Retail. The nation recorded 13,263 such individuals in 2023, demonstrating a 6.1

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Tapestry Offloads Stuart Weitzman to Famous Footwear Parent Company Caleres

Retail TouchPoints

Caleres operates 1,000 of its own stores, and its brands also are sold at department and specialty stores across the country as well as across 15 ecommerce sites. The acquisition of Stuart Weitzman advances our strategic agenda to grow our brand portfolio segment with more global and direct-to-consumer reach.

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Funday founder on how retail has changed since Covid – and remained the same

Inside Retail

The global retail industry was transformed overnight as stores were forced to close or severely limit in-person shopping, supply chains were disrupted and consumers faced unprecedented levels of fear and uncertainty. Our direct-to-consumer (DTC) site helped us connect directly with customers and iterate fast.

Returns 130
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Graf Lantz Seeks Growth Without Sacrificing Product Quality or Sustainability

Retail TouchPoints

Our founders are not consumers in context of the ‘consumerist culture,’” Gopinath explained. The company’s goal isn’t to get consumers to buy the same products over again, but to sell those products to more consumers while also providing shoppers with things that work in other parts of their lives.

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7-Eleven Parent Plans Corporate Restructuring to Sharpen Focus on Convenience Business

Retail TouchPoints

Seven & i Holdings , parent company of 7-Eleven , plans to create a new holding company for its supermarkets, specialty stores and other non-convenience store businesses. Additionally, Seven & i plans to rename itself as the 7-Eleven Corporation as it focuses more intently on its global convenience store business.

Planning 261