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 Erik and Pete Nordstrom, the CEO and President, respectively, of Nordstrom, first floated plans to take the retailer private in March 2024. ownership of the company and 49.9% to Liverpool.

Finance 278

Finance Department Stores Planning ATS 278

Inside Retail

JUNE 30, 2021

We have continuously worked with all our tenants to come up with robust marketing strategies to encourage customer traffic and spending, including creating promotional areas at high traffic areas, assisting with shopping and dining vouchers, and continuing with our shopper rewards and redemption programs.

Department Stores 246

Department Stores Merchant Services Outdoor Shopping 246

Retail TouchPoints

NOVEMBER 13, 2024

But designing a successful retail experience doesn’t simply involve placing stores and restaurants next to the stadium. It’s essential to harness consumer and market insights to craft an experience, and the right mix of uses, to entice locals to visit the stadium district for shopping, dining and a place to live or work.

Department Stores 262

Department Stores Customer Experience Shopping Consumer 262

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

Retail TouchPoints

MARCH 1, 2021

Sephora is continuing its move away from malls with the announcement of the largest store expansion in its 21-year history in the U.S. More than 260 new stores are slated to open this year, including 60 freestanding locations and 200 shop-in-shops inside Kohl’s department stores.

Location 328

Location Planning Department Stores Shopping 328

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. In-store, we increase our staffing levels, with extra team members focused on assisting customers in stocking shelves promptly to keep up with demand.

Supermarket 246

Supermarket Department Stores Shopping Planning 246

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. Last July, the company appointed Clarabella Burley, ex-Qantas Loyalty head of marketing, to the same role at Myer.

Department Stores 130

Department Stores Accessories Apparel Planning 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

Retail Focus

SEPTEMBER 15, 2021

The huge increase in online shopping over the past decade or so has had a major impact on department stores, with many consumers turning to Amazon, eBay and other online shops for shopping, rather than a more traditional trip out to a physical store. Changing culture of shopping.

Department Stores 162

Department Stores Outdoor Payment Services Shopping 162

Retail TouchPoints

APRIL 3, 2025

In the competition for consumer dollars, stores remain a crucial part of a successful omnichannel strategy and there is significant opportunity in the current market for retailers looking to open stores and developers looking to reimagine spaces in fresh ways. Lets start by looking at the landscape.

Department Stores 147

Department Stores Consumer Location Planning 147

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. “The young fashion market has really struggled,” he adds.

Fast Fashion 117

Fast Fashion Department Stores Fashion Marketing 117

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.

Department Stores 130

Department Stores Specialty Retailers Wholesale Shopping 130

Inside Retail

JANUARY 9, 2025

Over the past few weeks, the retail industry has been buzzing about the news of legacy retailer Nordstroms privatisation plans. Upon completion of the transaction, which is expected to close in the first half of this year, Nordstroms common stock will no longer be listed on any public market.

Department Stores 130

Department Stores Boutique Store Operations Promotions 130

Inside Retail

JUNE 25, 2024

A prospective backdoor listing and a marriage of convenience have enlivened end of financial year stock market prognostications. A merger with Sigma Pharmaceuticals remains the preferred option for restructuring Chemist Warehouse but if that plan is quashed by regulators or Sigma shareholders there is a plan B.

Apparel 277

Apparel Department Stores Wholesale Fashion 277

Inside Retail

JULY 18, 2023

Woolworths Group is to rebrand its chain of 194 Countdown stores in New Zealand under the Woolworths name. The rebranding is part of a $370 million, three-year transformation plan for the company which will see older stores revamped and an upgraded customer loyalty program.

Planning 246

Planning Supermarket Department Stores Wholesale 246

Inside Retail

NOVEMBER 4, 2024

The downfall of the almost 40-year-old business raises the question of whether this is a sign of things to come as retailers struggle to compete with the increasing e-commerce capabilities and convenience of retail goliaths on the global market, or whether it is a case of Harrolds facing a ‘perfect storm’ of challenges on multiple fronts.

Clienteling 263

Clienteling Shopping Marketing Management 263

Inside Retail

SEPTEMBER 1, 2022

Shinsegae — one of the Big 3 of Korean department store retailing along with Lotte and Hyundai — has continued its great form right through into the second half of the year, helped by the removal of the country’s remaining pandemic restrictions and an increasingly buoyant mood among the country’s more affluent consumers.

Department Stores 130

Department Stores Net Profit Fashion Boutique 130

Inside Retail

NOVEMBER 22, 2022

Isetan-Mitsukoshi is a storied department store chain with 15 units in Japan, including five in the Tokyo metropolitan area. One of them, the Isetan flagship in Shinjuku, boasts the highest sales of any department store in Japan. Sales at Isetan-Mitsukoshi’s Tokyo metro stores are up 33.3 billion yen, or about $2.5

Department Stores 130

Department Stores Boutique Accounting Returns 130

Inside Retail

JUNE 4, 2023

In an ASX announcement, the department store’s board thanked King for his “extraordinary contribution” and added that his decision to leave is based on “being with his family as their health circumstances demand.” When he took over the helm of Myer in 2018, it was losing sales and struggling.

Department Stores 264

Department Stores Specialty Retailers Returns Planning 264

Retail TouchPoints

MARCH 7, 2022

Key to Kohl’s transformation strategy will be an enhancement of the retailer’s omnichannel reach, both through expansion of its store portfolio and continued efforts to build its digital business. Kohl’s plans to enhance its data science capabilities in an effort to engage with customers more efficiently and provide greater relevance.

Planning 299

Planning Returns Outdoor ATS 299

Retail TouchPoints

APRIL 19, 2024

The Nordstrom board made clear that forming the committee was no guarantee that the department store retailer would pursue “any particular transaction or other strategic outcome,” according to a company statement. Nordstrom’s current plans to explore going private were first reported by Reuters in March 2024.

Department Stores 278

Department Stores Planning Marketing 278

Retail TouchPoints

MAY 5, 2023

Macy’s will expand its off-mall presence by opening additional Market by Macy’s and Bloomie’s shops — smaller versions of the Macy’s and Bloomingdale’s department stores, respectively — even as it shutters full-size stores. growth at Bloomingdale’s stores during the same period. This was compared to a 3.3%

Department Stores 279

Department Stores Checkout Location Planning 279

Inside Retail

NOVEMBER 4, 2024

Myer’s acquisition of Premier Investments’ Apparel Brands appears to be the next step in Olivia Wirth’s plan for the department store’s loyalty program, Myer One. This is an opportunity to continue to grow it in a way that is a step change,” Wirth said about the impact of the acquisition on Myer One, which has 10.6

Apparel 252

Apparel Target Market Fashion Consumer 252

Retail TouchPoints

SEPTEMBER 20, 2022

The Nordstrom Board of Directors has adopted a one-year shareholder rights plan, a.k.a. of the retailer’s stock by Mexican luxury department store Liverpool. 30, 2022 will have the right to purchase shares of Nordstrom common stock at a 50% discount to the then-current market price. The Nordstrom plan expires on Sept.

Department Stores 290

Department Stores Returns Planning Marketing 290

Retail TouchPoints

MARCH 2, 2021

Beck’s planned departure was first announced in September 2019, at the time when fellow Co-founder and COO Barry Beck left the company. Macy’s updated its “Polaris” growth strategy in late February 2021 as it announced better-than-expected Q4 2020 results, marking a return to profitability for the department store chain.

Payment Services 337

Payment Services Department Stores Planning Location 337

Inside Retail

OCTOBER 29, 2024

Now, Mosaic’s presumably ‘core brands’, Millers, Noni B, Rivers and Katies, are also on the chopping block as the retail group looks to accelerate its rationalisation plan and attract new customers across metropolitan and regional Australia through the administration process.

Apparel 264

Apparel Location Management Shopping 264

Inside Retail

OCTOBER 26, 2023

Macy’s has been stepping up to the plate with a series of new moves, from the expansion of its smaller-footprint stores, to a new digital fashion platform targeting younger shoppers. But while these initiatives sound promising, the question remains: can the department store chain truly adapt to the needs of the modern-day consumer?

Department Stores 245

Department Stores Fashion Grocer Location 245

Inside Retail

JANUARY 21, 2024

The luxury market is categorised by its exclusivity, maintained through a combination of high price points, consciously limited product volumes, reputation and customer experience, amongst other factors. Longchamp manages 325 direct-to-consumer stores through 25 distribution subsidiaries around the world. “The billion in 2024.

Department Stores 262

Department Stores Boutique Fashion Accessories 262

Retail TouchPoints

OCTOBER 19, 2021

Saks’ IPO plans are reportedly what prompted Jana Partners to take a stake in Macy’s and push for the department store to spin off its own ecommerce operations. Jana Partners believes Macy’s could be worth as much as $14 billion as an ecommerce pure play, compared to its current market value of about $6.9

Department Stores 279

Department Stores Planning Marketing ATS 279

Inside Retail

MARCH 26, 2024

Australian luxe-for-less beauty brand MCoBeauty launched into the US market this week and is now stocked in over 1,800 Kroger Co stores. Inside Retail: How did MCoBeauty approach entering into the US market? SS: The Kroger Co and its family of stores, including Kroger, Fred Meyer, Ralph’s, Dillions and Smith’s.

Marketing 246

Marketing Supermarket Accounting Planning 246

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. Growing in a shrinking market.

Department Stores 246

Department Stores Supermarket Management Marketing 246

Retail TouchPoints

OCTOBER 8, 2024

Department store retailer Belk has debuted the Belk Media Network using technology from Criteo , offering brands and agencies access to its audience of high-earning, predominantly women shoppers via ads on its owned-and-operated properties.

Department Stores 263

Department Stores Advertising Planning Consumer 263

Inside Retail

NOVEMBER 2, 2023

Despite the efforts that go into planning, maintaining and marketing local shopping areas, the people who use these places are often not consulted about what they actually want and need on their main street. So what types of stores and services do they want? The top ten stores and services in an ideal main street.

Department Stores 299

Department Stores Shopping Marketing Planning 299

Retail TouchPoints

MARCH 3, 2023

Nordstrom will shutter its six full-line department stores and seven Nordstrom Rack stores in Canada, along with its Canadian website , in a move that is expected to save the retailer $35 million in EBIT in fiscal 2023 compared to fiscal 2022. Nordstrom’s Canadian operations employ approximately 2,500 people. “We in a statement.

Department Stores 290

Department Stores Customer Experience Planning Store Operations 290

Retail TouchPoints

APRIL 29, 2022

BJ’s Wholesale Club is testing out a smaller store format called BJ’s market. The first 43,000 -square-foot concept store opened in Warwick, R.I. BJ’s market will offer the same product sizes and pricing as BJ’s club stores, as well as the same omnichannel services such as curbside pickup and same-day delivery.

Wholesale 299

Wholesale Department Stores Fulfillment Fashion 299

Retail TouchPoints

OCTOBER 18, 2021

Activist investor Jana Partners has taken an undisclosed stake in Macy’s and is prodding the department store chain to separate its ecommerce business from its brick-and-mortar operations. Macy’s total current market value is around $6.9 billion annual online business. billion annual online business.

Department Stores 258

Department Stores Store Operations Planning Location 258

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. Takashimaya opened its first store in Kyoto, Japan, in 1831, selling gofuku (formal kimono).

Department Stores 246

Department Stores Beauty and Health Accounting Promotions 246