Remove Planning Remove Shopping Remove Specialty Store
article thumbnail

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. The newly named York Holdings Company would consolidate 31 businesses and eventually go public with an IPO.

Planning 261
article thumbnail

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

Inside Retail

Specialty store metrics at the companys malls reflected rising prices and higher average transaction values in Japan, with sales growth at the Japan malls of 6.2 The companys new mall in Hue mall has more than 51,000 square metres of leasable area and 140 specialty stores, the vast majority of which are new to the central region.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

NRF: 52% of Shoppers Celebrating Valentine’s Day, Spending a Combined $21.8 Billion

Retail TouchPoints

adults plan to celebrate Valentine’s Day this year, spending a total of $21.8 However, 74% of those celebrating noted that pandemic will directly impact their Valentine’s Day plans, which has resulted in an average spending drop. Just over half ( 52% ) of U.S. per person spent in 2020.

article thumbnail

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. Global online retail sales went from almost US$3.46 trillion in 2019 to nearly US$4.29

article thumbnail

How Retailers Can Control Costs Even As Return Rates Climb

Retail TouchPoints

In a survey of consumers conducted by Doddle , 84% said a positive returns experience encourages them to shop with a retailer again. Conversely, 73% of consumers responding to a survey by Returnly said they would not shop with a brand again after a poor returns experience. Fortunately for retailers, that surge did not materialize.

Returns 334
article thumbnail

Why Filipino mall giant SM Prime remains committed to regional expansion

Inside Retail

This landbank should be sufficient to serve the company’s development plans for five to seven years. In all the company runs 30 brands, and conveniently they rent space in SM Prime’s malls.

article thumbnail

After 10 years, Japan’s Aeon seems ready to conquer Vietnam’s regions

Inside Retail

At Celadon, Aeon opened a hypermarket, aggregating a collection of local retailers and new-to-market Japanese brands it had experience with at home, intentionally building its own shopping centre destination rather than leasing space in someone else’s. Not only in Aeon shopping centres.