Latest Intelligence on Department Stores in Asia-Pacific

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Type Product title / description Pub Price
CommentWire
CommentWire

Myer: customer rewards not high on the cards

Australian department store chain Myer has relaunched its store card, which is aligned to the Myer One loyalty program. The relaunch has been timed to increase customer loyalty over the Christmas period and entice cardholders to shop at Myer rather than its competitor David Jones. However, while the Myer card offers a loyalty program, the entitlements the customer receives are from rewarding.

Published By Datamonitor
17 Nov 2006
Expert View
Expert View

Department stores: see brighter future as growth rate doubles

Department store retailing, a concept that seemed to be heading for terminal decline globally only a few years ago, now has a brighter future. Following a period of consolidation, investment and expansion in both mature markets and fast developing economies have given a new lease of life to the sector. Verdict Research forecasts that this sector's growth rate will double over the next five years.

Published By Datamonitor
09 Nov 2007
CommentWire
CommentWire

Debenhams: focusing on international expansion

According to media reports, Debenhams is to focus on its international expansion strategy as part of its aim to more than double overseas sales by 2012. However, even if the retailer achieves this target, the contribution that international sales make to Debenhams's total revenue will remain marginal.

Published By Datamonitor
27 May 2008
CommentWire
CommentWire

Galeries Lafayette: re-entering the Chinese market through joint venture

French retailer Galeries Lafayette will enter the increasingly lucrative Chinese market in 2013, with a newly built flagship store in the city's core shopping district Xidan. This strategy will enable the company to take advantage of a market that has become a focal point for other high end retailers entering the region, and it should be able to learn from the experiences of its competitors.

Published By Datamonitor
13 Dec 2010
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Expert View

Australians discard domestic fashion in favor of international e-retailers

Online fashion retailer ASOS has posted impressive sales growth for FY2011, with international shipping up 141.8% year-on-year. Australian sales were especially strong, which has encouraged the retailer to set up a dedicated site for the market in 2011-12. ASOS is one of many foreign retailers looking to Australia to increase online sales due to their ability to undercut domestic retailers.

Published By Datamonitor
07 Jun 2011

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