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Department Stores

Department Stores Archives

JC Penney collapses into Chapter 11

US department-store giant JC Penney has filed for Chapter 11 bankruptcy protection. But while the company blames the Cov...

Sale week boost for South Korean retailers – but for how long?

South Korean retailers experienced a burst in consumption during the so-called ‘golden holiday’ spanning six days from t...

Neiman Marcus enters bankruptcy protection, rival set to follow

High-end US department-store chain Neiman Marcus entered bankruptcy protection overnight and there are reports that riva...

Two Asian retailers named in global housewares awards

Two Asian retailers have been named in a global housewares awards sponsored and organised by the Inspired Home Show and ...

‘Revenge spending’ fuels luxury goods rebound

Revenge spending has been credited with a significant upturn in sales of high-priced retail goods in South Korea, which ...

Historic falls in retail sales around the world spell doom for many chains

As retail sales figures begin to come in from countries where lockdowns have been in force, the true impact of the coron...

Takashimaya to offer financial services in Japan

Japanese department store Takashimaya is to sell financial products and services in partnership with an online securitie...

Isetan to quit Thailand

Japanese department-store chain Isetan will quit Thailand later this year after 28 years operating in Bangkok.

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 ...

How Robinsons developed an app to boost loyalty and engagement

Singapore-headquartered department-store chain Robinsons has built a 120,000-strong loyalty programme database in just 1...