Hints and tips:
Related Special Reports
...The crisis-hit Signa Group sold half of its prized KaDeWe department store building for a fraction of the valuation listed in its books, raising doubts about how much the assets underpinning billions of...
...Far from revealing the limitations of the department store business model, as claimed by Sam Jones (“Travails of luxury department stores reveal a story of decline”, Inside Business, February 2), the cases...
...It's made up of John Lewis department stores and Waitrose, the supermarket business....
...Germany’s most famous department store, KaDeWe, has filed for insolvency....
...sam.jones@ft.com Letter in response to this column:Blame real estate owners for the woes of department stores / From Christopher Knee, Honorary Adviser, International Association of Department Stores, Paris...
...In London, rooms for perfumes, bath products and home fragrances unfold enfilade-style like a private gallery or museum. “It’s a store, but [it feels] warm and cosy,” says Mauny....
...Edwin Heathcote authors a jumbled argument in “Hollowed-out department stores can help the high street” (Opinion, February 17)....
...While DSM Paris shares the same DNA as its other stores, the new location provides a home for fashion’s most independent creative thinkers....
...“Someday,” he said, “all department stores will become museums, and all museums will become department stores.”...
...US department stores offer all kinds of perks to get customers to sign up for their branded credit cards at the register....
...Sales of higher-margin discretionary items like home decor were down 12 per cent....
...Von Preen said that as many department stores as well as independent sports retailers had closed in recent years there was now “a vacuum” in physical store sports retailing....
...Macy’s is to close 20 per cent of its locations by the end of 2026, as the US department store chain implements a turnaround plan just a month after rejecting a $5.8bn takeover bid....
...“And a lot of customers from the older generation end up going home with a modern coffee kit.”...
...Between 2019 and 2022, sales from department stores’ private labels increased from 9 per cent to 16 per cent of turnover, according to the International Association of Department Stores....
...Non-store retailing, which includes online, contracted 1.5 per cent in March, while sales in department stores were down 3.8 per cent....
...So-called first-generation fast fashion retailers such as H&M and Inditex have to look for ways they can press home any advantages over Shein, whose ascendancy has been aided by video app TikTok....
...The country is home to the third-largest pharmaceutical market in the world. There is still room for growth in Japan’s $53bn dispensing pharmacy market....
...Since the ruling, Tegut has paused the capital-heavy expansion of teo supermarkets in its home state....
...Given government priorities including prioritising NHS spending, Hunt’s plans imply steep real-terms cuts for unprotected departments such as justice and home affairs....
...For the uninitiated there’s a hypnotically boring selection of Action store tours on YouTube that will probably look familiar to anyone who’s been to a Dollar General, a Home Bargains or a Pepco over the...
...Late last year, it lost an antitrust case brought by Epic Games against its Android app store....
...ONS senior statistician Heather Bovill said the gains in some areas were “offset by falling food sales and in department stores where retailers say higher prices hit trading”....
...Even so, prices are higher than in large supermarkets, which partly reflects the logistical and staff costs of making everyday items available so near to homes....
...“We can carve the old department stores up into a much more effective and productive space.”...
International Edition