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40 stories in this topic
Hyundai Department Store is hoping to cash in on Korea’s growing preference for premium rice with Hyundai Rice House, its new chain rice stores. Hyundai Rice House, which opened inside four existing Hyundai Department Stores on Wednesday, offers around 20…
Japanese department store operator Takashimaya has opened inside a brand new shopping mall in Thailand, opting for the capital city of Bangkok to bring the Japanese way of luxury retailing to the nation. Scaling seven floors, the newly named and opened Siam…
V-Mart, the world’s best performing department store chain, has announced the appointment of Govind Shrikhande as an Independent Director of the company, effective Nov 2, 2018. Shrikhande possesses rich cross-functional experience in the textiles, apparel and…
Robinsons Retail Holdings has boosted net income by 9.8 per cent in the first nine months of this year, to PHP 3.8 billion (US$70.97 million). The improvement followed on from a 13.1 per cent increase in sales for the period, to PHP 91.8 billion ($1.71…
For a brief window, customers at Saks Fifth Avenue can see beauty’s past and — the department store chain hopes — its future. Starting Tuesday, shoppers entering the chain’s Manhattan flagship will walk through the original beauty floor, a dark enclave of…
Residents of Cilegon in Banten Province, Indonesia, responded enthusiastically to the opening of Matahari Department Store’s 155th outlet on Friday (01/06). In addition to being strategically located in the central business district, the 5,700-square-meter…
Aldi South, the German discount supermarket giant, is planning to open up to 50 branches in China, as reported on Thursday. Aldi South, one of the leading low-budget supermarket chains in Germany, has put together a team for its expansion in China, the…
Shinsegae Department Store Beauty multi-shop ‘CHICOR’ opens the largest flagship store in Gangnam Station. Gangnam is the 6th store and the first road shop after Daegu, Gwangju, and Goyang. CHICOR Gangnam is opened in the main street of Gangnam Station which…
UK department store chain Marks & Spencer is about to announce further store closures along with reduced profits amid worsening high-street trading conditions. Last year, the company announced the closure of 30 stores, but The Guardian newspaper reports a…
Japan department stores saw higher sales in June, which was welcome news after they had fallen in the previous month, the sector’s industry body has said. Japanese department stores saw a welcome sales rise last month. Sales rose 1.4% year-on-year on a…
South Korean retail conglomerate Shinsegae Group that announced a complete pullout of its discount Emart stores from China instead has beefed up online activities in the world’s most populated and biggest e-commerce market. Shinsegae Department Store said…
It may only have been a 0.7% rise but an uplift in Japanese department store comparable sales during April was welcome nonetheless. It was the first increase in 14 months and reflected data from 229 stores based on ¥452.7bn worth of sales. The Japan…
A global award for retail excellence has been won by Rustan’s Department Store. It took the title in the latest IHA Global Innovation Awards (GIA), announced at the International Home + Housewares Show in Chicago. IHA, the global sponsor and organiser of the…
The supermarket and department-store sales slide in Japan continued last month, say industry bodies. There was little impact yet from the Premium Friday campaign launched last month by the government and business community to encourage people to spend more…
Lucy Kruse loved the smell of perfume enveloping her as she entered the department stores of her youth. She remembers trying on soft leather gloves, and following a splash of color to the store’s elaborate hats with their feathers and veils. At Sakowitz in…
South Korean department stores are tipped to chalk up sales of more than 30 trillion won (US$25.6 billion) for the first time this year. That would make if 86 years since the country’s first department store opened in 1930. Industry commentators say the…
