Retail

Muji Expands into Switzerland – First store at Glattzentrum

The Muji retail chain, which is worth billions, is opening its first branch in Zurich next autumn.

The retail chain has announced that it will open its first store at Glattzentrum in Zurich. In 1980, Muji was launched as the private label of the Japanese Seibu department store chain.

Three years later, the first branch was opened in Tokyo, and, in 1990, the company became completely independent of the Seibu Group. One year later, the company expanded into Europe, where the first store was opened in London.

Muji now has approximately 800 stores in over 25 countries and generates an average annual turnover of 3.5 billion euros. The name Muji is the short form of Mujirushi Ryohin, which translates to: «No brand, good products».

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Retail MORE

Why buy when you can borrow?

The Sharing Economy is the internet generation’s latest trend. Bustling online portals like Airbnb and Uber show us every day that there is money to be made by “sharing instead of buying”. At the ICSC European Conference in Barcelona, the concept “Library of Things” shows that the sharing economy can also be an interesting approach for stationary retail.

Study from Deloitte | Global Powers of Retailing 2019

Deloitte’s latest “Global Powers of Retailing 2019” study has listed the 250 top-selling retail companies for the 22nd time.

PWC: Customers Want Better Retail Service

According to a recent study by PricewaterhouseCoopers (PwC), more and more Germans are returning to shops – where they often find a range of services with room for improvement.

Good Mood and Exciting Perspective

“The complete focus on the customer, with his ideas and wishes regarding shopping, has progressively become the benchmark for tailormade developments.” By Christine Hager.

The Role of the Local Community in Enhancing Retail

In order to survive, shopping centers are beginning to adapt retail, housing cultural, educational, and leisure facilities all under one roof. Since 80% of those visiting malls are Millennials or Gen Z, leisure is a hot topic within retail development.

Service quality is the measure of the future

The three mega-topics of the European society, “globalization”, “digitization” and “demographic development,” are now known to all. Only the resulting changes for the respective business models are still unclear in many places.