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Department Stores

Department Stores Archives

Even Japan’s Takashimaya can’t escape department stores’ woes

The industry giant has had a decent start to 2022, but the nagging problems of demography and format obsolescence are no...

How customer loyalty helped Aussie department store Myer bounce back

Department store Myer’s loyalty program Myer One now accounts for 70 per cent of its sales and, when paired with a focus...

Seven & I confirms discussions over the future of Sogo & Seibu

Parent says it is examining “all possibilities” including the sale of shares, however “nothing has been decided” as yet....

Revealed: Costco Australia’s expansion plans for online, grocery

With three new stores planned to open in Australia as well as its first in New Zealand later this year, Costco is workin...

Central Group leads Selfridges buyout in US$5 billion deal

Luxury British store chain Selfridges is being sold to a Thai retailer and an Austrian property company in a deal that a...

The lowdown on Central Group – reported new owner of Selfridges

Speculation is swirling around the reported sale of iconic British department store Selfridges to Thai conglomerate Cent...

Central Group closes in on US$5.3 billion Selfridges deal

Multiple sources are reporting the deal will be sealed by the end of the year, but it remains unclear which part of Cent...

‘That’s Target’: Inside the Aussie retailer’s recent brand relaunch

In an exclusive interview with Inside Retail, Target Australia managing director Richard Pearson discusses how the retai...

Struggling Beijing mall converted into a community destination

The 805,000sqft development will be home to a variety entertainment, retail and F&B tenants.

Sunway Malls brings tenants of seven malls onto a single marketplace

Sunway Emall also offers e-vouchers from participating brands to be redeemed in the physical mall or given as gifts