Department Stores Archives - Inside Retail Asia

South Korean department stores look to VIPs as sales slide

South Korea’s department-store industry has launched an all-out effort to secure VIP customers who spend more than ordinary customers.

Reliance Retail buys Indian department-store chain

Reliance Retail Ventures Limited has bought Indian retailer Shri Kannan Departmental Store for US$20 million.

Philippine retailers experiencing coronavirus-related sales slump

The Philippines’ largest retail landlord SM Supermalls says retailers’ sales have dropped both at home and in China due to the coronavirus crisis.

T Galleria by DFS closes Hong Kong stores due to coronavirus concerns

Two of the four T Galleria by DFS stores in Hong Kong have been closed indefinitely due to coronavirus concerns.

Hyundai Department Store aims to eliminate paper receipts

Hyundai Department Store says it will launch an electronic receipt issuance service with the aim of “zero” paper receipts within three years. Electronic receipts will be issued in the form of the automatic issuance of receipts through mobile applications instead of paper receipts when purchasing goods. Last year, about 160 million paper receipts were issued by Hyundai Department …

Walmart cuts back ammunition sales, won’t sell handguns

US department store chain Walmart has taken a stand on gun sales in the United States.

Dismal first quarter for Parkson Retail Asia

Parkson Retail Asia has had a lacklustre start to its fiscal year, its unaudited first-quarter figures show.

Macy’s posts disappointing results

Department store chain Macy’s gains overshadowed by the continuing slide in sales.

Parkson Retail Asia expecting loss

Parkson Retail Asia warns it expects to finish its latest financial year with losses.

Kikki.K to launch in Nordstrom stores across US

Upmarket stationery chain pens deal with luxury department store retailer.

Loss deepens for Parkson Retail Asia

Parkson Retail Asia’s third-quarter net loss deepened 24.4 per cent to S$9.1 million (US$6.4 million).

Tracing the past for retail’s tomorrow

New research examines the key milestones in the evolution of customer experience to chart the store of tomorrow.