Monday, March 03, 2025 | 01:25 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Brick-bait: Three tricks up retailers' sleeves to lure you back to shops

Department stores and clothing retailers are drawing on consumer behaviour and psychological research to make themselves more appealing

retail, shopping
Premium

retail, shopping

The Conversation
Bricks-and-mortar retail stores are under intense pressure from online competition. Feeling the most heat are clothes shops and department stores.
This year David Jones’s profit halved, to A$64 million. Myer declared a “disappointing” A$486 million loss. German giant Esprit, whose global sales have fallen 40% in four years, has shuttered its Australian operations. The US-based Gap closed its last Australian store back in February. Other brands to have collapsed include Metalicus, Oroton, Marcs, David Lawrence and Pumpkin Patch.


What to do?
One answer is to invest in and enhance those aspects of

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in