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Does the Historic Makeover of an Iconic Paris Retailer Chart a Path for Department Stores’ Revival?

Retail TouchPoints

For more than 150 years, Parisian department store La Samaritaine has overlooked the banks of the Seine, a sweeping expanse of glass and intricately painted iron that proudly proclaimed the store’s position at the center of French commerce, both geographically and ideologically.

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The Department Store dilemma

365 Retail

Unfortunately for many department stores, the pandemic has been a final blow in the battle with online retail, spiralling real estate costs and difficulty serving up physical retail that is consistently experiential, engaging and adaptable. So, what is to become of these extinct department stores?

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The Future of Retail is 3D

Retail TouchPoints

In the coming years, this booming online retail industry is set to be revolutionised by high-performance technology that’s more commonly associated with video games than digital shopping: implementing high render 3D graphics is one of the driving forces. Opportunity is coming — and you don’t want to be left behind.

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UK Retail Sector Witnesses a Robust Rebound in January 2024

365 Retail

January ONS Figures The revival was observed across all subsectors except clothing, with notable increases in department stores and non-food stores, including sports equipment stores, which reported positive impacts from January sales. Department stores and other non-food retailers saw sales volumes increase by 5.4%

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UK Retail Sales Experience Steep Decline in December 2023

365 Retail

Total non-food store sales volumes fell by 3.9%, with department stores experiencing a significant 7.1% Other non-food stores, including those selling sports equipment, games, toys, watches, and jewellery, saw a 4.5% Clothing stores and household goods stores also reported reductions in sales volumes, by 1.5%

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Saks.com Spin-Out: Genius Move or Opportunistic Folly?

Steve Dennis

The Bay has long suffered from the woes of unremarkable department stores. What’s likely to be driving this move right now, however, are the recent rather frothy valuations of luxury oriented online retailers. While some recovery may come later this year, it’s hard to believe we will get a robust rebound any time soon.

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#RSP22: Everything You Need to Know About Holiday 2022

Retail TouchPoints

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces. 26-30, you’re automatically registered to listen to the entire series.