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What’s driving the transformation of China’s department stores?

Inside Retail

Once seen as a staple of urban retail, department stores in China are undergoing a transformative reinvention. Market struggles Chinas department-store sector has long been a foundational part of the countrys commercial infrastructure, but in recent years, it has been under mounting pressure.

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Macy’s to Adapt Best-Seller About Department Store Icons into TV Series

Retail TouchPoints

Still, scripted television is a new realm for the department store, and certainly not the kind of project that most retailers would take on. For several years now Macys has been working to prove its own resilience as the department store sector undergoes massive upheaval.

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Black Friday boosts Australia’s November retail sales

Inside Retail

“The popularity of Black Friday sales continues to grow with promotional activity now stretching across the entire month of November, not just solely focused on the Black Friday weekend.” However, department store sales fell 1.2 ” November sales jumped 3 per cent to $36.51 per cent to $5.57 per cent to $3.07

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Retail sales grow in May amid early EOFY promotions

Inside Retail

Australian retail sales slightly rose year over year in May as shoppers took advantage of early end-of-financial-year (EOFY) promotions and sales events. Department store sales also declined 1.7 ” The post Retail sales grow in May amid early EOFY promotions appeared first on Inside Retail Australia. . per cent.

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New Kohl’s CEO Lays Out Turnaround Strategy Following Disappointing Q4

Retail TouchPoints

Sales were down at the department store in both Q4 2024 and for the full year, both of which ended Feb. Adjustments to the companys selection of national brands and promotional strategy also are underway. In Q4, net sales decreased 9.4% and comparable sales were down 6.7% and comparable sales were down 6.5%.

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David Jones, LSKD reveal how their Black Friday sales are performing so far

Inside Retail

The Black Friday Cyber Monday sales period has expanded to become ‘Black November’ this year, with many retailers and brands starting their promotions earlier than ever. In 2021, the business went live with its promotions on November 18, in 2022 on November 15 and last year on November 9. This presents a predicament for retailers.

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Retail sales increase 4.6 per cent in December

Inside Retail

billion, and department stores jumped 1.6 “Retail spending held firm following strong growth in recent months with promotional activity stretched across the quarter,” said Robert Ewing, ABS head of business statistics. Cafes, restaurants and takeaway food services increased 4.7 per cent to $5.54 per cent to $14.64