Tag: department

Amazon’s foray into luxe fashion will hit struggling department stores

Amazon announces the launch of Luxury Stores.

Source: Amazon

Amazon’s foray into luxury fashion is the latest blow this year to U.S. department stores, which have been hit especially hard by the coronavirus pandemic

The e-commerce company announced Tuesday the launch of a section on its mobile app called Luxury Stores, kicking off with items from designer Oscar de la Renta’s pre-fall and fall-winter 2020 collections. It said additional luxe fashion brands will be added to the app in the coming weeks. 

Only Amazon Prime members will initially be able to shop this section by invitation, according to Amazon.

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As big department stores struggle, other mall tenants falter, too

Macy’s usually posts its second quarter results around this time in August, but the retailer told Marketplace it’s now putting that off until early September, due to the disruptions of the pandemic. Anchors of big malls, including Macy’s, J.C. Penney and Kohl’s, were in shaky positions even before COVID-19. But it isn’t just the anchor stores that are struggling.

Traditionally the mall experience has been about more than shopping at big department stores. There are movie theaters, food courts and cosmetics stores that offer makeovers, for example.

Right now, people aren’t doing much of that, and with other mall retailers

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With Department Stores Disappearing, Malls Could Be Next

Mr. Hull said that he anticipated making malls more “community-based” in smaller markets, with local and regional businesses. “It’s going to be cooking classes, boutiques, internet businesses that want a physical presence, health care, food choices,” he said.

In Cupertino, Calif., where Apple has its headquarters, the fate of the shuttered Vallco Shopping Mall has become a contentious issue, with impassioned public debates around replacing it with affordable housing, new entertainment and retail options or office space.

In the meantime, it is a partially demolished eyesore, according to Rod Sinks, a member of the Cupertino City Council. “We have

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When are department stores reopening and will you be able to try on clothes?

Department stores have re-opened in some parts of the world (Picture: AFP/Getty Images)

The next phase of the easing of the UK’s lockdown measures will see the return of some non-essential retail to the high street, with shops set to open their doors from 15 June.

Boris Johnson announced the measure on Monday, giving the green light to clothes shops and other stores – which have been shut since the end of March – to re-open.

Some retailers have already announced their plans for re-opening – although shopping is likely to be very different for some times with social distancing

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