Lotte Shopping is expected to show strong Q1 revival with 43.37% operating profit growth driven by department store division's momentum from domestic consumption recovery and surging foreign visitor sales, particularly in Seoul's Myeongdong, Jamsil, and Busan locations where foreign sales jumped 84-115%.
#YonhapInfomax #LotteShopping #DepartmentStores #InboundSales #Q1Earnings #OperatingProfit #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=115002
'Department Store Traffic Surges' - Lotte Shopping Poised for Q1 Revival
Lotte Shopping is expected to show strong Q1 revival with 43.37% operating profit growth driven by department store division's momentum from domestic consumption recovery and surging foreign visitor sales, particularly in Seoul's Myeongdong, Jamsil, and Busan locations where foreign sales jumped 84-115%.
Japan's department store duty-free sales rebound as China-driven slump eases
The gains mark a shift for the stores, which had endured consecutive months of declining duty-free sales amid lingering tensions with China.
Sogo & Seibu to close Shibuya store in September
The company failed to reach an agreement on a contract extension with the rights holder for the land and buildings housing the store over the redevelopment of the site.
South Korean department stores monitor won weakness impact as foreign customer sales surge to multi-year highs, with operators expecting enhanced purchasing power though prolonged Middle East conflict poses demand risks
#YonhapInfomax #DepartmentStores #WonWeakness #ForeignSales #MiddleEastConflict #PurchasingPower #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=108384
[Iran Crisis Check] Department Stores Eye Foreign Sales Boost Amid Won Weakness
South Korean department stores monitor won weakness impact as foreign customer sales surge to multi-year highs, with operators expecting enhanced purchasing power though prolonged Middle East conflict poses demand risks
Meitetsu Department Store closes in Nagoya after 71-year run
The closure is part of a redevelopment plan for the Nagoya Station area, led by the department store operator's parent company, Nagoya Railroad.
Lord & Taylor, business in Bala-Cynwyd, Pennsylvania. West entrance I 1956 June 7.
Gottscho-Schleisner, Inc.
1 negative : safety ; 4x5 in.
#Bala-Cynwyd #Pennsylvania #Gottscho-Schleisner #Departmentstores #Pennsylvania #UnitedStates #architecture #photography
https://www.loc.gov/item/2018728401/
Lord & Taylor, business in Bala-Cynwyd, Pennsylvania. West facade 1956 June 7.
Gottscho-Schleisner, Inc.
1 negative : safety ; 4x5 in.
#Bala-Cynwyd #Pennsylvania #Gottscho-Schleisner #LadiesWear #Departmentstores #Pennsylvania #UnitedStates #architecture #photography
https://www.loc.gov/item/2018728400/
Lord & Taylor, business in Bala-Cynwyd, Pennsylvania. East facade, afternoon view 1956 June 7.
Gottscho-Schleisner, Inc.
1 negative : safety ; 4x5 in.
#Bala-Cynwyd #Pennsylvania #Gottscho-Schleisner #America #4x5inches #13cmx13cm #Departmentstores #Pennsylvania #UnitedStates #architecture #photography
https://www.loc.gov/item/2018728399/
Lord & Taylor, business in Bala-Cynwyd, Pennsylvania. Entrance at lower level II 1956 June 7.
Gottscho-Schleisner, Inc.
1 negative : safety ; 4x5 in.
#Bala-Cynwyd #Pennsylvania #Gottscho-Schleisner #fourinches #Departmentstores #Pennsylvania #UnitedStates #architecture #photography
https://www.loc.gov/item/2018728398/
Yonhap Infomax News
The Japan Times
Gottscho-Schleisner Collection
