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Scaled-Down Department Stores

The New David Jones Store Offers a Curated Selection of Items

— May 30, 2017 — Business
As consumers increasingly eschew sprawling stores in favor of smaller boutiques, the Australian department store brand David Jones has debuted a scaled-down version of its store. Designed to cater to changing shopping habits, the new store features just a fraction of the merchandise found in the chain's larger outlets.

The new shop at Sydney’s Barangaroo is the first in a series of miniature David Jones stores set to roll out in wealthy inner-city suburbs across Australia. The new store spans just 1,400 square meters, which is one-tenth the size of an ordinary David Jones store. To complement the smaller space, the company offers a highly curated selection of premium fashion and beauty brands such as Hugo Boss, Valentino and Chanel. The selection is specially designed to fit the needs of those who live and work in the area, making a larger selection of items unnecessary.

The scaled-down David Jones department store demonstrates how retailers are moving away from enormous stores that cater to a wide range of customers, to niche outlets that attract specific shoppers.
Trend Themes
1. Scaled-down Stores - Retailers are downsizing department stores to cater to niche outlets that attract specific shoppers.
2. Highly Curated Selection - Retailers are offering a highly curated selection of premium fashion and beauty brands to fit the needs of those who live and work in specific areas.
3. Changing Shopping Habits - Consumers are increasingly favoring smaller boutiques over sprawling department stores.
Industry Implications
1. Retail Industry - Retailers have an opportunity to create more niche and highly curated stores to cater to specific shoppers.
2. Fashion Industry - Fashion brands have an opportunity to partner with scaled-down department stores to offer a highly curated selection of their products.
3. Real Estate Industry - Real estate developers have an opportunity to create more smaller stores in exclusive inner-city suburbs across Australia.
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