Inside Retail

MARCH 18, 2025

The department store chain noted incurring higher employee costs, higher support office costs related to a new marketing agency and a separate investment in transformation capabilities. billion, attributed to mixed trading conditions, store closures, and Myer Exclusive Brands stock trapped at its national distribution centre.

Net Profit 262

Net Profit Marketing Department Stores Apparel 262

Retail TouchPoints

OCTOBER 24, 2024

His previous retail experience includes leadership positions at JCPenney, Payless ShoeSource, Home Shopping Network, May Department Stores and McKinsey & Co. Most recently, Hicks served as CEO of Academy Sports + Outdoors as well as CEO of Foot Locker. He is a U.S. Military Academy graduate who served in the U.S.

Department Stores 259

Department Stores Outdoor Customer Experience Shopping 259

Retail TouchPoints

NOVEMBER 15, 2024

Saks Fifth Avenue’s parent company, HBC , announced its plans to acquire competing luxury department store Neiman Marcus in July 2024 for $2.65 Although the luxury department store is cutting back on the light show, it will continue its holiday windows tradition and add the usual seasonal design touches indoors.

Department Stores 264

Department Stores Planning Store Operations ATS 264

Inside Retail

JANUARY 14, 2025

Myer’s proposal to acquire Premier Retail’s apparel brands Just Jeans, Jay Jays, Portmans, Dotti, and Jacqui E has received approval from the department store chain’s independent expert.

Department Stores 264

Department Stores Apparel Accessories Fashion 264

Retail TouchPoints

DECEMBER 10, 2024

Regal Brands Global , the new owner of iconic department store brand Lord & Taylor , plans to relaunch it as a discount luxury ecommerce platform in 2025. The site will offer designer goods and Lord & Taylor-branded products, according to reporting in Business of Fashion and other media outlets.

Department Stores 286

Department Stores Fashion Planning Fulfillment 286

Inside Retail

DECEMBER 1, 2024

billion, and department stores climbed 0.4 Household goods rose 3.3 per cent to $5.92 billion while food increased 3 per cent to $14.53 Cafes, restaurants, and takeaways grew 2.3 per cent to $5.48 billion, while clothing, footwear and accessories increased 1.7 per cent to $3.02 per cent to $1.91

Department Stores 264

Department Stores Accessories Planning Consumer 264

Inside Retail

APRIL 10, 2025

Steven Lew is the son of billionaire Solomon Lew, chair of Melbourne-based Premier Investments, which owns the Smiggle and Peter Alexander chains.Premier Investments is the largest shareholder in Myer department stores and appliance brand Breville.

Department Stores 241

Department Stores Wholesale 241

Retail Focus

DECEMBER 4, 2024

This includes significant investment into Steen & Strøm (S&S) shopping centre, the world’s oldest continuously running department store and anchor of the Promenaden portfolio, to diversify the store’s product and service offerings, as well as enhance its provision of experience-led shopping experiences.

Fashion 276

Fashion Department Stores Management Shopping 276

Retail TouchPoints

NOVEMBER 26, 2024

The department store retailer announced the C-suite change along with its financial results for Q3, which ended Nov. drop compared to the same period the previous year, with comparable store sales falling by an even larger percentage, 9.3%. Kohl’s has named Ashley Buchanan, CEO of Michaels , as its new CEO, effective Jan.

Apparel 278

Apparel Department Stores Shopping Planning 278

Inside Retail

JANUARY 8, 2025

However, department store sales fell 1.2 Cafes, restaurants, and takeaway sales rose 3.6 per cent to $5.57 billion and food sales inched 2.8 per cent higher to $14.62 Clothing, footwear, and accessoriesclimbed 1.8 per cent to $3.07 billion while household goods improved 1.2 per cent to $5.99 per cent to $1.94

Sporting Goods 264

Sporting Goods Department Stores Promotions ATS 264

Retail TouchPoints

FEBRUARY 14, 2025

store last month , with another five in development and plans to eventually operate 50 locations in the region. Additionally, Kurt Geiger operates footwear concessions inside luxury and premium department stores in the UK, including Harrods and Selfridges , where it sells both its own and third-party brands.

Accessories 279

Accessories Department Stores Finance Fashion 279

Retail TouchPoints

DECEMBER 23, 2024

based companies, will take the storied luxury department store private in an all-cash deal valued at approximately $6.25 Members of the Nordstrom family along with Liverpool , a Mexican retailer that has recently been expanding relationships with U.S.-based ownership of the company and 49.9% to Liverpool.

Finance 278

Finance Department Stores Planning ATS 278

Inside Retail

OCTOBER 30, 2024

Meanwhile, department stores declined 0.2 Food retail sales rose 3.1 per cent to $14.5 billion, while cafes, restaurants, and takeaway climbed 1.4 per cent to $5.46 Clothing, footwear, and accessories increased 0.8 per cent to $3.04 billion, and household goods improved 0.03 per cent to $5.82 per cent to $1.91 per cent.

Department Stores 264

Department Stores Accessories ATS 264

Inside Retail

OCTOBER 14, 2024

The store features giant head kinetic objects highlighting the brand’s compelling visual narratives. The flagship follows the openings of the label’s travel retail boutique at Sydney International Airport in November 2022 and a shop-in-shop at David Jones department store in Sydney last October.

Boutique 278

Boutique Department Stores Fashion Consumer 278

Inside Retail

JANUARY 23, 2025

Indian retail conglomerate Reliance Industries Limited has signed a franchise agreement with American luxury department store 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.

Department Stores 130

Department Stores Specialty Store Fashion Marketing 130

Inside Retail

DECEMBER 18, 2024

Japanese department store Matsuya has introduced a digital platform with a click-and-collect service including tax refunds in a bid to tap into the growth of international tourists. Established in 1874 as a kimono retailer, Matsuya Co operates department stores in Tokyo’s Ginza and Asakusa districts.

Department Stores 130

Department Stores Target Market Shopping Planning 130

Inside Retail

FEBRUARY 11, 2025

Department stores, which have traditionally been one of the favourite retail go-to places for high-end chocolates, have had to think a little bit out of the box (or out of the square if you prefer). Chocolate isnt everything A worldwide scarcity of cocoa isnt the only thing thats bothering Japans department stores though.

Consumer 130

Consumer Department Stores Specialty Store Apparel 130

Retail TouchPoints

APRIL 2, 2025

Macys has named Thomas Edwards as its new CFO and COO, effective June 22, 2025, as part of a realignment of the department store retailers C-suite. He will replace the departing Adrian Mitchell, who will remain through June 21 to help ensure a seamless transition. billion.

Department Stores 147

Department Stores Marketing ATS 147

Inside Retail

MARCH 5, 2025

A year after the French luxury department store originally announced it would be launching its first US location, Printemps is officially opening a brick-and-mortar store in the heart of New York Citys financial district on March 21. Department stores havent had the best reputation the last few years.

Retail Marketing 130

Retail Marketing Department Stores Marketing Markdowns 130

Retail TouchPoints

NOVEMBER 13, 2024

Shoppers would park on one side, entering the mall and passing smaller shops on their way to the large department stores. His portfolio of work represents all corners of the globe and a spectrum of retail-driven product types, including retail stores, department stores, shopping centers, master planning, and mixed-use developments.

Department Stores 262

Department Stores Customer Experience Shopping Consumer 262

Inside Retail

MARCH 3, 2025

billion, and department stores jumped 2.9 Clothing, footwear, accessoriesrose 4.5 per cent to $3.07 billion while cafes, restaurants, takeawaygrew 3.8 per cent to $5.58 Food climbed 3.1 per cent to $14.69 per cent to $1.93 Household goodstotalled $5.91 billion, reflecting the lowest category growth rate of 2.5

Department Stores 214

Department Stores Consumer 214

Retail TouchPoints

JANUARY 29, 2025

The San Bernardino facility is one of 15 EFCs and distribution centers, and the closing stores represent approximately 2.3% Like other department stores, Kohls has had trouble adjusting to changes in consumer shopping patterns. of Kohls 1,150 locations. Net sales for the retailers Q3 2024, which ended Nov. 2, 2024, declined 8.8%

Department Stores 179

Department Stores Fulfillment Location Consumer 179

Inside Retail

OCTOBER 15, 2024

The department store chain has yet to name the appointees for the newly created roles of GM of merchandise for beauty, accessories and services and GM of merchandise for women’s apparel. Meanwhile, former Cedar Brands CEO Warwick Blunt will assume the newly constructed role of GM for digital commerce at Myer in November.

Department Stores 130

Department Stores Accessories Apparel Planning 130

Inside Retail

MARCH 31, 2025

per cent at department stores, and 2.89 The ‘other retailing’ category which includes cosmetics, sports, and recreational goods recorded the biggest increase at 5.5 per cent, followed by food with a 4.08 per cent improvement. Spending was also up 3.37 per cent at cafes, 3.23 per cent in the household goods category.

Department Stores 191

Department Stores Accessories Consumer ATS 191

Inside Retail

DECEMBER 9, 2024

days, on par with other department stores. Their approach sets the standard for returns and highlights their commitment to a seamless customer experience. The Iconic: Free returns form part of the success story The Iconic, meanwhile, has an average refund time of 7.1

Returns 278

Returns ATS Drop-Shipping Department Stores 278

Retail Focus

FEBRUARY 27, 2025

Iconic denim lifestyle brand Levi’s has unveiled a unique storefront takeover – the largest of its kind in Europe – with premium London department store celebrating the campaign launch of REIIMAGINE Chapter II, featuring global icon, Beyonc.

Wholesale 147

Wholesale Department Stores Fashion Shopping 147

Retail TouchPoints

JANUARY 2, 2025

Alibaba had sold its Intime chain of department stores in December 2024 at a shareholder loss of $1.3 Alibaba plans to sell its stake to private equity firm DCP Capital even though the asset disposal will lead to a $1.8 billion loss for its shareholders.

Department Stores 162

Department Stores Planning Shopping Store Operations 162

Inside Retail

JANUARY 9, 2025

The consensus within the retail industry is that Nordstroms partnership deal with the Mexican retail group will improve the department store 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.

Department Stores 130

Department Stores Boutique Store Operations Promotions 130

Retail TouchPoints

DECEMBER 10, 2024

To address this problem, Barington believes Macys should form a separate real estate subsidiary to optimize the value of its real estate portfolio as well as significantly reduce capital expenditures , following the example of its department store peer Dillards. (In

Returns 297

Returns Planning Department Stores Management 297

Retail TouchPoints

JANUARY 20, 2025

Department stores may face large amounts of packaging materials, unsold goods and returned items, while ecommerce retailers often deal with higher volumes of cardboard boxes, bubble wrap and plastic packaging.

Management 312

Management Returns Department Stores Merchandise Store 312

Inside Retail

JUNE 24, 2024

Central’s acquisition move is not unusual,” Selvane Mohandas du Ménil, International Association of Department Stores managing director, told Inside Retail. Central Group made the headlines again in 2022 after snapping up Selfridges Group, making it the largest luxury department store operator in Europe. What’s next?

Department Stores 263

Department Stores Location Store Operations Marketing 263

Retail TouchPoints

APRIL 3, 2025

When retailers closed stores, however, online sales in a given area decreased by 11.5%, with some categories including home (32.2%) and department stores (26.1%) seeing even greater declines. Emerging retailers saw even greater gains, of 13.9%.

Department Stores 147

Department Stores Consumer Location Planning 147

Retail Gazette

OCTOBER 13, 2024

Last week, Saudi Arabia’s Public Investment Fund (PIF) snapped up a 40% stake in Selfridges Group , which includes the British department store chain, along with the De Bijenkorf department stores in the Netherlands and Brown Thomas and Arnotts in Ireland. This led to a new auction for its stake in Selfridges.

Department Stores 124

Department Stores Accounting Marketing 124

Retail TouchPoints

JULY 5, 2024

Marking the culmination of nearly seven years of on-again, off-again negotiations, HBC , parent company of Saks Fifth Avenue and Bergdorf Goodman , will acquire another storied luxury department store brand, Neiman Marcus , for $2.65 Current Saks.com CEO Marc Metrick will become Saks Global’s new CEO.

Department Stores 306

Department Stores Finance Supermarket Accounting 306

Inside Retail

DECEMBER 19, 2024

The partnership will also expand the distribution to more channels and formats including mono-brand retail, beyond the brand’s existing presence in ‘escentials’ and department stores, the company said on LinkedIn. Moreover, the parties agreed to increase investments to grow the Amouage brand across all joint markets.

Department Stores 130

Department Stores Boutique Marketing 130

Inside Retail

DECEMBER 16, 2024

Typically, consumers seek out department stores and shopping centres to get in the holiday spirit but LaManna has managed to position itself as the exception. LaManna, the 10,000sqm independent supermarket located at Essendon Fields, is rising to the Christmas occasion.

Supermarket 246

Supermarket Department Stores Shopping Planning 246

Retail TouchPoints

MARCH 12, 2025

Sales were down at the department store in both Q4 2024 and for the full year, both of which ended Feb. In Q4, net sales decreased 9.4% and comparable sales were down 6.7% year over year, mimicking results for the full year where net sales decreased 7.2% and comparable sales were down 6.5%.

Store Layout 267

Store Layout Promotions Jewelry Department Stores 267