中国政府发出让民众谨慎赴日的提醒或将波及企业业绩。观察日本的百货店和药妆店等25家主要零售企 业2025财年（截至2026年2月）的市场平均预期（Quick Consensus），在约1个半月内，超过一半的13家 企业出现了净利润预期下调。各企业正在采取措施以降低对中国顾客的依存度，但能在多大程度上填补 空缺尚不透明。 对决算财年截至2月的25家零售企业的10月底和12月15日的Quick Consensus进行比较后发现，分析师考 虑到谨慎赴日提醒导致中国游客消费减少等因素，重新评估了25家企业的业绩预期，其中有13家的净利 润预期下调。 从25家企业的2025财年净利润总额来看，企业计划为同比增加18%，达到7586亿日元，但市场预期为增 加12%，增至7199亿日元，出现下调。 到达关西国际机场的外国人（12月3日） 观察日本的百货店和药妆店等25家主要零售企业2025财年的市场平均预期，在约1个半月内，超过一半 的13家企业出现了净利润预期下调。分析师指出，各企业本年度将面临十几亿日元的利润下行…… 面向访日游客的高档运动鞋销售强劲的ABC-MART和杉控股等药妆店相继下调了市场预期。 瑞银证券以面向 ...

Group 1 - The traditional department store model of "shopping, eating, and buying" is being transformed by the internet, necessitating a shift in consumer engagement strategies [1] - The first strategy involves "precisely capturing online traffic" and "deeply binding offline experiences," utilizing tools like short video challenges and AR technology to enhance customer engagement [1][3] - A specific mall reported a 300% increase in foot traffic through online live streaming events, demonstrating the effectiveness of proactive customer attraction methods [1] Group 2 - The second strategy focuses on using big data to "understand consumer needs," shifting from a broad inventory approach to a more targeted, scenario-based layout [3] - By analyzing online consumption data, a mall adapted its offerings to include a "pet-friendly" area and a "light sports" section, catering to the rising demand among younger consumers [3] Group 3 - The third strategy emphasizes creating a "cloud-connected membership system," transforming traditional loyalty programs into comprehensive ecosystems that enhance customer experience [4] - By integrating various services through mini-programs, consumers receive seamless support throughout their shopping journey, fostering a sense of exclusivity and loyalty [4] Group 4 - The internet has not eliminated physical department stores but has opened new possibilities for them, transforming these spaces into urban lifestyle hubs that combine shopping, socializing, and entertainment [6] - The management of Huapin Department Store is actively pursuing a transformation by leveraging the internet for marketing, utilizing mini-programs and social media for targeted outreach [6]

Core Viewpoint - Traditional supermarkets are facing challenges such as declining foot traffic, homogenized competition, and rising costs, leading to a shift in consumer behavior towards seeking identity and emotional value in their purchases. Enhancing customer experience and activating new consumption potential is essential for survival and growth. Company Summary - Chongqing Department Store (600729) is leveraging its century-old brand, omnichannel layout, and scene innovation capabilities to explore new consumption growth paths in the context of the secondary economy, providing a practical model for integrating traditional retail into the domestic cycle [1][6]. - The "Dream Factory" project, launched on December 11, 2025, aims to create a commercial complex that integrates shopping, entertainment, dining, and immersive secondary experiences, positioning itself as the fourth major brand of the department store division [1][3]. Location and Infrastructure - The "Dream Factory" is strategically located in the core commercial area of the Liangjiang New Area, specifically the Guanyinqiao business circle, which is expected to create a full-scenario consumption linkage with existing core stores like the Liberation Monument Chongqing Department Store [3]. - The project will provide essential infrastructure for secondary consumers, including a stage for performances, co-creation areas for hand-drawing, free photography zones, and dance practice areas, enhancing the overall consumer experience [3][5]. Brand and Community Engagement - Chongqing Department Store is expanding its brand influence by leveraging its well-known trademarks and collaborating with leading domestic animation IPs to create a legitimate consumption ecosystem, thereby increasing conversion rates [5]. - The company is enhancing user experience and sense of belonging through online topic interactions and offline community engagement, such as hosting fan creation exhibitions and cosplay competitions, and collaborating with university animation clubs [6]. Industry Insights - Research indicates that by 2025, domestic comic sales will account for over 55% of the market, surpassing overseas IP for the first time. By 2026, the number of secondary users in China is expected to grow to 520 million, with the secondary content industry projected to reach approximately 120 billion yuan [6].

Core Viewpoint - The Nanjing New Century Department Store A and B buildings are set to undergo a significant facade renovation to enhance the urban image of the Xinjiekou commercial area and meet modern business needs [4][8]. Project Overview - The project is located in the southeast quadrant of the Xinjiekou core area, adjacent to Zhongshan South Road and Zhongshan East Road, with the commercial podium being outdated [4]. - The renovation aims to improve the facade without affecting the overall building structure, fire safety, height, or increasing the building area [4][21]. - The initial public consultation for the facade renovation was completed from October 10 to 19, 2025, and the updated plan received approval from the Xinjiekou Business District Management Committee on October 31, 2025 [4]. Construction Units - The construction is being undertaken by Nanjing New Century Department Store Co., Ltd. and Nanjing Xingning Industrial Co., Ltd. [5]. Public Consultation - The public consultation period for the renovation project is from December 9 to December 18, 2025, allowing for public feedback to be considered in the final approval process [2]. Renovation Details - The renovation will cover specific areas of both A and B buildings, including the northwest, west, southwest, and south sides of A, as well as the south and east sides of B [9]. - The facade will transition from a dark color scheme to a lighter beige and gold tone, enhancing transparency and brightness [21]. - The renovation includes a broader concept of creating a "city living room" with immersive space designs, including a large stepped space and enhanced internal shopping experiences [21].

文 | 妆颜 连卡佛成都IFS店确认不再续约、将在2026年2月28日结束营业，这件事乍看是又一家高端百货关店的新闻，放在全球零售史里看，却更像是一个早就写好 的句号。对内地消费者来说，连卡佛代表的是一整套曾经很前卫的生活方式叙事：大面积留白的店装、集中陈列的小众设计师品牌、与百货传统专柜完全 不同的开放式美妆区。对行业来说，它是少数真正把买手制、高端百货、美妆体验整合在一起的样本之一。今天连卡佛在成都收缩，表面上是一个城市里 的单店选择，实质上却把中国高端百货的困境和全球百货业的衰退趋势，放在了同一条时间线里。 一个成都的高端消费者想要知道今年的热门彩妆和小众香水，不再需要走进连卡佛的美妆区，而是刷几分钟短视频或者小红书笔记，就能看到博主帮自己 做完成分拆解、上脸对比和价格比价。原本需要依靠百货买手去全球选品、通过货架告诉消费者"今年流行什么"，现在是博主和品牌自己在前台讲故事， 百货反而退到了后排。 第二个困境来自渠道价值的重组。 奢侈品和高端美妆这几年都在加速直营化，品牌要的是自营旗舰店、独立专柜和自家电商里可控的价格、会员数据和体验路径，而不是再依赖百货去聚合 流量。连卡佛模式在过去的优势，是它能帮一 ...

退税商店板块领涨，上涨1.54%，其中茂业商业上涨10.03%，南宁百货上涨5.53%，广百股份上涨 2.09%，百大集团涨超2%。（AI生成） ...

智通财经APP讯，中央商场(600280.SH)发布公告，公司控股子公司徐州中央百货大楼股份有限公司(以 下简称"徐州店")位于江苏省徐州市大同街125号于2019年12月开业。自开业以来，受市场环境下行及竞 争加剧、物业租赁纠纷等多重因素影响，导致徐州店经营较为困难，经过调整后当前经营基本面仍未有 改善迹象，减亏扭亏较难实现。公司决定启动暂停营业计划，同时授权公司管理层组织实施徐州店暂停 营业计划。 ...

中央商场公告，公司控股子公司徐州中央百货大楼股份有限公司位于江苏省徐州市大同街125号于2019 年12月开业。自开业以来，受市场环境下行及竞争加剧、物业租赁纠纷等多重因素影响，导致徐州店经 营较为困难，经过调整后当前经营基本面仍未有改善迹象，减亏扭亏较难实现。公司决定启动暂停营业 计划，同时授权公司管理层组织实施徐州店暂停营业计划。徐州店2022年、2023年、2024年营业收入分 别为64037816.76元、57653564.10元、53531665.58元，分别占当年公司合并报表营业总收入的2.56%、 2.35%、2.33%，本次暂停营业计划不会对公司整体经营状况造成重大影响；徐州店上述三年累计亏损 66609317.67元，本次徐州门店暂停营业系公司基于整体战略布局作出的审慎决策，有利于及时止损， 减少亏损门店对公司业绩的拖累，优化线下门店布局与资源配置，聚焦核心业务与优质区域市场，推进 公司业务转型升级，保障公司长期持续健康发展。 ...

人民财讯12月10日电，中央商场（600280）12月10日公告，控股子公司徐州中央百货大楼股份有限公司 (简称"徐州店")位于江苏省徐州市大同街125号于2019年12月开业。自开业以来，受市场环境下行及竞 争加剧、物业租赁纠纷等多重因素影响，导致徐州店经营较为困难，经过调整后当前经营基本面仍未有 改善迹象，减亏扭亏较难实现。公司决定启动暂停营业计划，同时授权公司管理层组织实施徐州店暂停 营业计划。本次暂停营业计划不会对公司整体经营状况造成重大影响。 ...

Core Viewpoint - Lane Crawford, a high-end department store, will close its Chengdu IFS location on February 28, 2026, due to a decision not to renew the lease, reflecting changes in the Chinese consumer market and long-term strategic evaluations [2]. Company Summary - The closure of the Chengdu store marks a contraction in Lane Crawford's operations in mainland China, following the previous closure of its Beijing store in 2021 and adjustments in its Shanghai store [4]. - Lane Crawford operates under a "buying team" model, which differentiates it from traditional department stores by allowing for unique product offerings through global procurement [4]. - The Chengdu store featured over 300 international brands, with approximately 120 brands making their debut in the Chengdu market and 40% of the brands being exclusive to Lane Crawford [3]. Industry Summary - The traditional buying model faces challenges due to shifts in luxury consumption patterns, rising rental costs in high-end malls, and competition from e-commerce and live-streaming channels [5]. - Many luxury brands are now opting for direct sales or independent stores rather than entering through buying teams, as seen with new high-end brands opening in Chengdu [6]. - The closure of Lane Crawford's Chengdu store may be a strategic move to optimize its network and concentrate resources, but its future in the Chinese market will depend on its ability to connect with a new generation of consumers while maintaining its buying team essence [15].