department store

HMKM is designing the new concept department store for the Hyundai Department Store Group in Seoul, South Korea.
TeamPoS is ideal for retail industry software that requires expandability and compatibility. Built around international standard architecture (with PC/AT compatibility), the system allows users to upgrade functions such as processing speed simply by changing CPU boards. With TeamPoS, upgrading to a more advanced system is possible at any time. And because it's not necessary to change the software to achieve system enhancement, unnecessary expense can be avoided. The Pusang store's TeamPoS is designed to evolve and keep pace with the growth of the store itself.

TeamPoS can also be connected to various peripheral devices, including key-locking POS-type and PC-type keyboards, magnetic card readers, operator and customer displays, POS printers, scanners, and closed-circuit and radio LAN equipment. The user can combine various types of peripheral devices to achieve the desired configuration.

Best known in the UK for its vehicles offering, the Hyundai Corporation is a huge business which also counts shipbuilding, retail and chemical production among its activities.

Christian Papa, director of HMKM, says, "As with Japan, South Korea has major conglomerations, involved in everything from heavy shipbuilding to making cars and building huge department stores."

"There are ten- and 12-storey stores in every suburb. The scale of retail is incredible."

HMKM was appointed following a paid five-way competition towards the end of last year, and has been tasked with creating the new concept department store in the Lakins Mall in Il-San Kintex, Seoul, which is being designed by US architect RTKL.

The development is currently on-site and is due to open in spring 2010.

The consultancy is looking at retail planning, interior design, brand elements and wayfinding across the ten-storey, 40 000m2 store.

Papa says, "Most retail development in South Korea looks towards Japan, [but] we were briefed to challenge that with a European perspective."

The store will feature a food hall and delicatessen in the basement, and the upper floors will house cosmetics, accessories, clothing, technology, homewares, sports equipment and a sit-down dining offer.

This will culminate on the top floor with an event space, which will feature an auditorium, lecture theatre and, according to Papa, the capacity to host wedding services.

Papa says Hyundai is in negotiation to develop the roof space, and HMKM was asked to create designs for a roof garden.

The consultancy has also set up a partnership with an office in Seoul to form HMKM Korea, which will service this contract and any future work in the country.
Mr. Kim continues, "One of the great advantages of TeamPoS was the establishment of a radio POS system using radio LAN equipment. There are no cables, so it's easy to change the location of the POS system, and even change the layout of the store. The ability to change the floor layout is especially important in special event areas, where the items on sale are always changing. This can't be done without a radio POS system".

He also points out, "Thermal printers contribute greatly to a reduction in customer check-out tie when compared with conventional POS systems. In the evenings our food sections are particularly crowded, filled with customers buying food for dinner. Now they don't have to endure long waits in the checkout lanes. If it weren't for TeamPoS, I'm sure they'd have to wait in long queues". (The thermal printer used in the TeamPoS system is a high-speed unit that prints at a rate of 125 mm/second.)

Mr Kim added, "TeamPoS also reduces the burden on the cashiers. After closing time, cashiers were responsible for counting the money in the registers and sorting out the receipt slips, but now TeamPoS performs all this calculation and processing work automatically

The Seoul department store designs will be rolled out by Hyundai in its new department stores across South Korea

department store of korea

TeamPoS is ideal for retail industry software that requires expandability and compatibility
"Only TeamPoS was able to meet our needs," Kim Chang Bo, Manager, Computer Services, Lotte Department Store, Pusang Branch Whoever said money can’t buy happiness simply didn’t know where to go shopping.” — Bo DerekSamcheong-dong Walkway is known for its famous art galleries , coffee shops, restaurants, wine bars and craft shops. Another charm is the small shops or boutiques.Here in Samcheong-dong everything is about presentation. Every shop has its own unique style inside and outside. There aren’t too many shops around the area (but all of them are worth visiting), so visitors can take their time and enjoy the quiet calming neighborhood with its nice hanok-style restaurants and art galleries. Samcheong-dong is not the busiest shopping districts of Seoul. It’s very quiet and less commercial than other notable shopping districts. Even the shop owners or sales people do not hustle or follow you around; they’ll tell you, “Please look around at your own leisure, and if you see something you like, let us know.” Some might engage you in a little friendly conversation.
Lotte Department Store is known as the best department store chain in Korea which It stocks various items from clothing to household necessities. In Seoul, Lotte has its main store, Yongdung po store, Chamsil Store, Lotte World, and Chunyang ri Store. Lotte Department Store established its Pusang branch in 1995, which boasts one of the world's largest store layouts.
The Challenge
Mr. Kim Chang Bo, Manager of computer services at the Pusang branch said, "When we were going through the selection process for a POS system we had many requests from our sales staff. Some of the most essential items requested were thermal printers and radio POS systems. As it turned out, the only system that could meet all these needs was TeamPoS.
The Solution
TeamPoS is ideal for retail industry software that requires expandability and compatibility. Built around international standard architecture (with PC/AT compatibility), the system allows users to upgrade functions such as processing speed simply by changing CPU boards. With TeamPoS, upgrading to a more advanced system is possible at any time. And because it's not necessary to change the software to achieve system enhancement, unnecessary expense can be avoided. The Pusang store's TeamPoS is designed to evolve and keep pace with the growth of the store itself.
TeamPoS can also be connected to various peripheral devices, including key-locking POS-type and PC-type keyboards, magnetic card readers, operator and customer displays, POS printers, scanners, and closed-circuit and radio LAN equipment. The user can combine various types of peripheral devices to achieve the desired configuration.
The Benefits
Mr. Kim continues, "One of the great advantages of TeamPoS was the establishment of a radio POS system using radio LAN equipment. There are no cables, so it's easy to change the location of the POS system, and even change the layout of the store. The ability to change the floor layout is especially important in special event areas, where the items on sale are always changing. This can't be done without a radio POS system".
He also points out, "Thermal printers contribute greatly to a reduction in customer check-out tie when compared with conventional POS systems. In the evenings our food sections are particularly crowded, filled with customers buying food for dinner. Now they don't have to endure long waits in the checkout lanes. If it weren't for TeamPoS, I'm sure they'd have to wait in long queues". (The thermal printer used in the TeamPoS system is a high-speed unit that prints at a rate of 125 mm/second.) There is also a really nice small flower shop, which adds spirit and freshness to the whole area. In fact, the shopping experience around Samcheong-dong can very well turn into a calming therapy of sorts. The area is a mix and match of Korean traditional and modern places, and is dominated by small boutiques. All the stores carry their own unique styles: vintage, retro, hippie, romantic, classic chic. Women of different ages and styles can come here and find something unique or purchase timeless classic pieces. There are also many bags, shoes and jewelry stores that carry distinctive and trendy pieces. Spring has already arrived and a lot of the shops here carry the key pieces of the new season. Prices range from reasonable to high-end, but visitors who pay cash can get a small discount. If all the shopping and walking gets you tired, there are plenty of restaurants, coffee shops or tea houses with delicious food, beautiful views and garden seats. Samcheong-dong is best approached via exit 1 of Anguk Station, line 3. Walk in the direction of Gwanghwamun Gate and swing a right at the Dongsipjagak Intersection. Keep walking until you get to the street. The stores have different operating hours but many of the shops open around 11am and close at 9pm.
Mr Kim added, "TeamPoS also reduces the burden on the cashiers. After closing time, cashiers were responsible for counting the money in the registers and sorting out the receipt slips, but now TeamPoS performs all this calculation and processing work automatically."

Global Department Store

This report provides comprehensive coverage of the global department store market with analysis segmented into Europe, North America, Japan and the Rest of the World. It provides regional market values, product shares, insight into the main regional players and analysis of key market drivers and inhibitors. It also provides comprehensive profiles of the Top 12 global department store retailers.Scope
Value of the department store sector in North America, Europe, Japan, Latin America, China, MEA and the rest of Australasia with forecasts to 2014.
Profiles of the Top 12 retailers including details of current and future strategies, sales performance, store numbers and other operating data to 2009.
A dedicated chapter for each region inclusive of sales, store numbers, space as well as insight into the main players and key regional sector trends.HighlightsThe global department store market shrank by 4% in 2009 (to $343bn), pulled down by falls of over 6% in North America and Europe where consumers have reacted to the rising tide of unemployment, smaller bonus payments and falling asset prices by reducing non-essential expenditure and switching to more value-orientated retailers.With opportunities for further stores often limited in mature developed markets, an increasing number of operators aim to build an international presence. The fastest expansion is being achieved by those using franchises, such as Debenhams and Marks & Spencer. Others prefer a more direct approach with whole- or part-ownership of new stores.Despite dampened growth in 2009, we expect sales to bounce back in 2010, with many emerging Asian markets ripe for development. Department store operators still tend to be regionally based and offer huge scope for further growth to meet the demands of an increasingly affluent and aspirational urban population in countries such as China.Reasons to Purchase
Plan international expansion effectively and assess which countries have the best growth potential whether you are a retailer or a sector supplier.
Formulate market share objectives for your company and track progress using the detailed financial and operating data for leading department stores.
Review the strategies of competitors and develop plans that respond to the opportunities and threats facing the department store sector in your region.

-Department Stores in Australia

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In-depth industry market research and market analysis on the Australian Department Stores Industry is presented in a logical and consistent format.
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Department Stores in Australia

About IBISWorld Industry Reports IBISWorld’s unrivalled range of accurate, concise and cutting-edge business intelligence is instantly available via our website 24 hours a day, seven days a week – direct to your desktop whenever you need it. No matter which industry sector you are working in or on IBISWorld has a report for you.
Whatever your industry, IBISWorld knows about you, your customers and your competitors. Whether your company requires a better understanding of predicted industry conditions; whether you need a clearer picture of supply and source industries; or whether you just want to keep abreast of competitor activity in your sector, IBISWorld’s clear, succinct yet comprehensive industry market research, will keep you in the loop.

INDUSTRY OVERVIEW
Department stores retail fabrics, soft goods, clothing, china, glassware, houseware, perfumes, cosmetics, toiletries, furniture and other household appliances. Goods are normally sold via separate, in store departments. Department stores purchase products from wholesalers and manufacturers and sell them to consumers, generally without changing products. They also undertake activities like customer service; product merchandising; advertising; inventory control; and cash handling.

Comprehensive, astute and easy to digest, IBISWorld’s Industry Market Research Reports offer the very latest content on every Australian industry. Each 25 to 40-page report includes key industry statistics as well as information on industry characteristics, market segmentation, operating conditions, industry developments, current and historical performance, industry trends, industry growth rates, market size information, industry major players and key sensitivities and success factors. They also provide must-read five-year market outlook for industry performance, and intelligent forecast analysis.