Inside Retail

NOVEMBER 3, 2021

Department store Myer failed to avoid a second strike after its Remuneration Report received only ~65 per cent of shareholder votes, triggering a board spill that was ultimately avoided. The motion was voted down, however, with 62 per cent of shareholders supporting the current board and management team.

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Department Stores Fashion Management 242

Inside Retail

AUGUST 2, 2021

Why would the owners of Selfridges, generally considered to be the world’s best department store, decide to sell the business? To a far greater extent than most other department stores, Selfridges has embraced an experiential retail strategy that many industry leaders see as key to the sector’s survival. billion (AU$3.72

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Department Stores Fast Fashion Shipping Shopping 246

Retail Wire

SEPTEMBER 16, 2022

Liverpool, the high-end department store chain, has acquired a 9.9 The Mexican company reported double-digit sales growth in the second quarter, which it attributed to its inventory management expertise, solid merchandising and higher prices. percent stake in Nordstrom. ”

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Department Stores Inventory Management Management 246

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.

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Apparel Department Stores Shopping Planning 278

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.

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Accessories Department Stores Finance Fashion 279

Retail TouchPoints

SEPTEMBER 29, 2021

For more than 150 years, Parisian department store La Samaritaine has overlooked the banks of the Seine, a sweeping expanse of glass and intricately painted iron that proudly proclaimed the store’s position at the center of French commerce, both geographically and ideologically.

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Department Stores Planning Fashion Boutique 278

Retail TouchPoints

NOVEMBER 19, 2024

Many people will be left to handle a store, understaffed, underpaid and without the chance of getting to spend time visiting family. We have a lot of installations on every floor; there’s Christmas music playing everywhere, so the spirit in the store is very uplifting, very joyous, especially when the children come to see Santa.

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Department Stores Wholesale Shopping Consumer 334

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

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Returns Planning Department Stores Management 297

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.

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Department Stores Specialty Store Fashion Marketing 130

Inside Retail

NOVEMBER 11, 2024

For October, the brand analysis focused on the dispatch and delivery criteria, which include dispatch times, delivery times, dispatch and delivery communication, order traceability, courier quality, and the effectiveness of delivery expectations management. A lot of retailers overlook how important this is.”

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Checkout Department Stores Returns Shipping 264

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. We know that part of setting up the business for future success is to have a high level of discipline on managing costs. In Q4, net sales decreased 9.4% and comparable sales were down 6.7%

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Store Layout Promotions Jewelry Department Stores 267

Inside Retail

JULY 23, 2024

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.

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Department Stores Specialty Retailers Wholesale Shopping 130

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.

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Wholesale Department Stores Fashion Shopping 148

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.

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Retail Marketing Department Stores Marketing Markdowns 130

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.

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Department Stores Accessories Apparel Planning 130

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. leadership roles, including Deputy CEO, National Managing Partner of M&A Services, and Global Chief of Staff.

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Department Stores Consumer Location Planning 147

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.

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Department Stores Boutique Store Operations Promotions 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.

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Supermarket Department Stores Shopping Planning 246

Retail Gazette

MARCH 11, 2025

After acquiring the distressed department store in 2022, Boohoo Group has pivoted the once-beloved high street favourite into a new direction, reintroducing it as what it claims to be Britains leading online department store with a marketplace model. If executed thoughtfully, these brands have the potential to evolve.

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Fast Fashion Department Stores Fashion Marketing 117

Retail TouchPoints

JANUARY 31, 2025

Stores are a massive canvas theyre experiential, theyre engaging and its where the vast majority of transactions are actually happening, said Parbinder Dhariwal, VP and General Manager of CVS Media Exchange (CMX), CVS Healths retail media network, at the 2024 Retail Innovation Conference and Expo.

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Visual Merchandising Advertising Beauty and Health Marketing 299

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.

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Department Stores Finance Supermarket Accounting 306

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.

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Department Stores Location Store Operations Marketing 263

Retail TouchPoints

MAY 4, 2021

Family-owned department store chain Boscov’s is upgrading its ecommerce ecosystem through an expanded partnership with unified commerce platform Kibo. The retailer already is using Kibo’s order management and personalization products.

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Department Stores Customer Experience Planning Management 264

Retail Gazette

OCTOBER 7, 2024

Selfridges Group owns and operates 18 luxury department stores in three countries: Selfridges in the United Kingdom, De Bijenkorf in the Netherlands, and Brown Thomas and Arnotts in Ireland. Click here to sign up to Retail Gazette‘s free daily email newsletter

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Department Stores Brand Management Management ATS 119

Retail TouchPoints

DECEMBER 13, 2021

A new range of Forever 21 fashions has debuted at 100 JCPenney stores across the U.S. The move marks the latest bid by the perennially challenged department store chain to turn around, by bolstering its appeal with teens and young adults. JCPenney isn’t Forever 21’s first foray into department stores. and online.

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ATS Department Stores Fashion Management 299

Inside Retail

AUGUST 7, 2024

The department store chain expects net profit after tax of between $50 million and $54 million for FY24, compared to $71.1 Other headwinds affecting profit growth include the challenging consumer and trading environment, store closures, and inflationary cost pressures. million in the prior year.

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Net Profit Department Stores Management Consumer 286

Inside Retail

AUGUST 7, 2023

David Jones is expected to axe as many as 100 jobs as its department store operations are being reviewed under the new owner. The company is in the process of improving store efficiency and eliminating tasks such as preparing sales reports for stores and office tasks, which can increasingly be done with the use of technology.

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Store Operations Department Stores Management Location 246

Inside Retail

OCTOBER 10, 2021

Fitness brand Peloton is launching its first Australian showroom later this week, and will partner with department store David Jones to boost its bricks-and-mortar presence. Peloton’s first showroom will open on Wednesday in Westfield Bondi Junction, and will soon be followed by a standalone showroom on Sydney’s Martin Place.

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Department Stores Management 246

Inside Retail

NOVEMBER 27, 2024

“This year it feels like Australian retailers have opted for a longer sales period starting their Black Friday promotions weeks before the day,” Locke Fitzpatrick, digital marketing manager at LSKD, told Inside Retail. “We We have seen the trend for a few years now and have definitely joined the party in previous years.”

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Markdowns Promotions Advertising Department Stores 241

Inside Retail

JUNE 25, 2024

The acquisition of Just Jeans, Portmans, Jacqui E, Dotti and Jay Jays by Myer provides a new growth channel after several years of reducing department store floor space and trying to find a fashion edge. The Premier brands could also provide the department stores with expanded merchandise range options.

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Apparel Department Stores Wholesale Fashion 277

Inside Retail

DECEMBER 20, 2022

A fundamental question about the future of David Jones was put to rest this week, after the retailer’s parent company Woolworths Holdings announced the sale of the department store chain to Australian private equity firm Anchorage Capital Partners on Monday. How involved will Anchorage be in the management of David Jones going forward?

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Department Stores Supermarket Management Marketing 246

Inside Retail

NOVEMBER 9, 2023

At Myer’s annual general meeting this week, outgoing CEO John King predicted that trading activity on Black Friday would likely surpass Christmas, with the department store preparing stock ahead of time to mitigate any logistical delays related to potential industrial action. per cent increase in total sales to $3.36

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Department Stores Telecommunications Planning Returns 264

Inside Retail

JULY 7, 2021

“The board is focused on ensuring that [Myer CEO] John King and his management team are able to execute the all-important peak trading period without distraction.”. The Premier management team have demonstrated what quality of management they have relative to a lot of other retailers,” an anonymous fund manager told the AFR. “The

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Department Stores Management 246

Inside Retail

SEPTEMBER 19, 2024

Myer saw a decline in net profit in the last fiscal year due to the underperformance of Sass&Bide, Marcs, and David Lawrence, inflationary pressures, and store closures. The department store chain’s net profit fell 26 per cent to $52.6 million as sales dipped 2.9 per cent to $3.27 million, which accounted for 21.6

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Net Profit Department Stores Apparel Accounting 264

Retail TouchPoints

AUGUST 8, 2024

For example, it would have been far better for department stores to take more risks 20, 15 or even 10 years ago, than to keep putting these incremental changes into the world.

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Retail TouchPoints

MARCH 22, 2022

Department store chain Boscov’s is expanding its dropship capabilities through a new partnership with Logicbroker. “Dropship has proven itself as an efficient means of fulfillment for our company and our customers,” said Jen Redcay, Manager of Supplier Direct Fulfillment for Boscov’s in a statement.

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Fulfillment Department Stores Shipping Management 298

Inside Retail

APRIL 22, 2024

Department store Myer has reportedly fired more than 50 head office staff across its digital, IT, and e-commerce teams as it offshores their functions to India. Inside Retail has approached Myer for comment. Despite Barnard initiating the decision, the source said that the GM did not take part in the difficult conversations.

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Department Stores Management 264