Opening a boutique retail store is a bucket-list item for many people, but the reality is more complicated than many prospective retailers imagine. The Register editor Sarah Dunn dares to dream. In this section, she looks at ecommerce.
In a series of articles run in The Register's print magazine, NZ Retail, Sarah Dunn considers the practical realities of launching a boutique retail operation. To help visualise this, Dunn made up an imaginary retail proposition called Scribble Kitty - it's a utopian palace combining comic shop and cat cafe. In this installment, she looks at the role of finance.
Lines of shoppers snaked through Auckland’s Sylvia Park Shopping Centre as they waited for international chain Zara to open its first Kiwi store at 9.30am. Inside, they were greeted with 1,850 square metres of commercial space, bearing the very latest European-influenced fast fashion.
Alpha Group is little-known in its home country, but the Kiwi manufacturer and retailer of health supplements has such high brand recognition in China that Chinese tourists seek it out when they visit. It’s these customers, as well as the New Zealand market, that Alpha Group is targeting with its bold new flagship store at Auckland’s waterfront.
Two major retail stories hit last week - store closures at Countdown, and the opening of David Jones. David Jones got more attention, but was it really more important for the retail industry? Executive chairman of property, design and research specialist agency RCG Paul Keane mulls it over.