Latest Department Stores News - Inside Retail Asia

Holidays boost department-store sales
Department-store sales in South Korea rose this month with several family-oriented holidays and special occasions, industry data shows.

Lotte Group plans US$2.8 billion e-commerce spend
Lotte Group plans to invest KRW3 trillion (US$2.8 billion) into its e-commerce business.

Hyundai Department Store offers high-tech make-up
Hyundai Department Store’s online mall has launched an augmented reality (AR) service so its customers can virtually try on make-up products.

Lotte Shopping keeps scaling back
Lotte Shopping is trying to offload its department store annexed to Anyang train station near Seoul.

Preview sale for new Aeon Mall Kuching
While Aeon Mall Kuching Central officially opens on Friday, in a first for the brand it is hosting a three-day preview sale.

Sanpower Group broadens House of Fraser brands
House of Fraser will start selling premium Chinese brands new to the UK, thanks to a new supply program from owner Sanpower Group.

Dickson Concepts forges online alliance with Harvey Nichols UK
Dickson Concepts has entered a strategic partnership with UK department store Harvey Nichols to combine physical retail stores and e-commerce.

Second-quarter pain for Parkson Holdings
Despite slight revenue growth, Parkson Holdings’ retailing division ended its second quarter with a loss.

Aeon Group pouring money into digital space
Aeon Group plans to invest ¥500 billion (US$4.4 billion) in online retail over the next three years.

Hej Home precedes Ikea Hyderabad store
Ikea has opened a Hej Home experience centre in Hyderabad, where it will launch its first store for India next year.

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.