Latest Department Stores News - Inside Retail Asia
Tourist spending rises at Japanese department stores
Tourist spending at Japanese department stores jumped 42.8 per cent last month to ¥19.3 billion (US$173.8 million).
Shanghai’s No. 1 Department Store to close for facelift
Shanghai’s No. 1 Department Store will close from June 19 for a major facelift.
Kikki.K to launch in Nordstrom stores across US
Upmarket stationery chain pens deal with luxury department store retailer.
Shinsegae Group pulling E-mart out of China
Korean E-mart discount chain will leave the Chinese market, says Shinsegae Group vice-chairman.
Matahari Department Store wins retail award
Matahari Department Store has won the retail category of Warta Ekonomi magazine’s Most Admired Company Award.
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).
Aeon Vietnam aims to open 500 grocery stores
Aeon Vietnam is planning to open 500 grocery stores across the nation by 2025.
Spar Guangdong opens two hypermarkets
Spar Guangdong has opened two hypermarkets, one in Guzhen Huayi and the other in Wuhua county.
M&S launches boutique concept in Malaysia
Marks & Spencer (M&S) has launched a premium boutique concept in Kuala Lumpur.
Sales slide continues for Japanese retailers
The sales slide continued for Japanese retailers last month, say industry bodies.
Concept store Uniqlo Move opens in Tokyo
Lifestyle concept store Uniqlo Move has been launched in Tokyo by the Japanese fashion basics retailer.
Isetan Mitsukoshi replacing CEO
Japanese department store chain Isetan Mitsukoshi Holdings has appointed a new chief executive.
