What: Falabella will open the first standalone Beauty F store in Viña del Mar as part of its strategy to expand specialized beauty retail beyond department-store spaces.

Why it is important: The standalone Beauty F launch reflects the strategic role of beauty as a traffic-driving category, especially among younger consumers seeking discovery, advice, and product testing.

Falabella will open the first independent Beauty F store in Viña del Mar in October, marking a new phase for its specialized beauty format. Until now, Beauty F has operated as spaces inside Falabella department stores, with five locations in Chile across Santiago and Viña del Mar. The standalone model is designed to expand Beauty F’s range of brands and services, improve the shopping experience, and reach customers in areas where Falabella does not have a physical presence or where an integrated department-store format is not viable. The concept offers makeup, skincare, haircare, fragrances, bodycare, and beauty tools, with nearly 90 brands including Drunk Elephant, Fenty Beauty, The Ordinary, Pupa Milano, and K18. Falabella plans to open seven additional Beauty F spaces in Chile between July and November, reaching 12 locations nationwide. The strategy is also expanding regionally, with Glow Bar in Peru expected to reach 10 locations by year-end and Colombia targeting six stores. 

IADS Notes: Falabella’s first standalone Beauty F store in Viña del Mar extends a regional strategy already visible in its beauty rollout across Chile, Peru, and Colombia. As reported by Perú Retail in November 2025, Beauty F was initially launched as a specialized cosmetics and personal care concept inspired by global beauty specialists, with curated international brands and immersive spaces designed to move beyond conventional department-store beauty corners. Its Peruvian counterpart, Glowbar, reported by Perú Retail in December 2025, reinforced this approach through expert advice, interactive product discovery, exclusive global brands, and digital integration. The acceleration of Glowbar’s expansion, reported by Perú Retail in June 2026, confirms that Falabella sees beauty as a high-potential category for younger, exploratory consumers, with women representing 85% of customers and nearly 20% of visitors aged 18 to 35. This mirrors wider department-store strategies seen at Galeries Lafayette, reported by Fashion Network in April 2026, and Macy’s, reported by BeautyInc in May 2026, where beauty has become a curated, experiential growth engine combining brand discovery, services, and customer engagement.

Falabella will open the first independent Beauty F store

What: John Lewis is proposing to shut its physical travel money desks and gift-wrapping areas as customer demand shifts toward online and card-based services.

Why it is important: The proposal shows how shifting customer behaviour is forcing legacy retailers to reassess store space, staffing, and service delivery models.

John Lewis is consulting on plans to close all of its in-store Bureau de Change desks, putting around 200 roles at risk. The retailer said demand for foreign currency services in stores has declined sharply as customers increasingly order travel money online, choose home delivery or click-and-collect, or use payment cards while abroad.The proposal would affect 125 full-time employees, alongside part-time workers, across its department store estate. John Lewis said it would seek to redeploy affected staff where possible. The retailer also plans to close gift-wrapping areas in stores, another service it said has seen reduced customer use.Travel money would remain available through John Lewis online, with customers still able to collect orders from branches. The changes reflect a broader shift in department store retailing, where underused transactional services are being removed as retailers adapt space, staffing, and operations to evolving customer behaviour. For John Lewis, the move is part of a wider effort to modernise stores while focusing resources on services and experiences that remain relevant to shoppers.

IADS Notes: John Lewis’s proposal to close its in-store Bureau de Change desks aligns with a broader transformation programme that has been documented across notionnews over the past year. In August 2025, Retail Week underlined that the department store model remains relevant when it focuses on strong operations, service, and engaging physical environments, which helps explain why John Lewis is prioritising more distinctive in-store experiences over underused transactional services. In September 2025, Retail Week reported that John Lewis was maintaining transformation momentum through investment in digital infrastructure, operational efficiency, and customer experience despite financial pressure. This continued into April 2026, when the Financial Times highlighted the growing complexity of click-and-collect within modern omnichannel retail, and May 2026, when Drapers covered John Lewis’s shift toward automation-led fulfilment. By June 2026, a Press Release detailed a further £50m store transformation drive, reinforcing the retailer’s strategy of modernising physical retail while moving more functional services online.

John Lewis reviews its bureau de change as customer demand shifts online

What: After Guadalajara, El Palacio de Hierro continues its regional flagship modernisation strategy, preparing for Monterrey store renovation despite slower textile consumption and margin pressure.

Why it is important: El Palacio de Hierro’s approach demonstrates the value of combining flagship modernisation, local identity, omnichannel capabilities, and luxury partnerships to sustain relevance.

El Palacio de Hierro is continuing its regional flagship modernization strategy with a €49 million renovation in Guadalajara and plans for a comparable remodel in Monterrey. The Guadalajara project transformed more than 33,000 square meters, introduced over 1,400 brands, and embedded local Jalisco identity through the Community Stores model, reinforcing the store as a culturally rooted luxury destination. The strategy reflects the group’s long-term confidence in Mexico’s retail potential, even as textile consumption slows and margins come under pressure. Its broader 4D approach—digitalisation, differentiation, diversification, and design—aims to build the “department store of the future” through omnichannel personalisation, luxury partnerships, and experiential retail. While Q1 2026 revenues rose 4.2%, net profit fell to 422 million pesos, highlighting the tension between investment-led growth and profitability. The Monterrey plan extends a decade-long strategy of flagship renovation, brand partnerships, and digital expansion that has positioned El Palacio de Hierro as a key gateway for international luxury in Mexico.

IADS Notes: El Palacio de Hierro’s €49 million investment in Guadalajara and planned comparable remodelling in Monterrey reflect a long-term commitment to physical luxury retail despite slower textile consumption in Mexico. The Guadalajara project, detailed in June 2026, transformed more than 33,000 square meters, introduced over 1,400 brands, and embedded local Jalisco identity through the Community Stores model, reinforcing the store as a culturally rooted regional luxury destination (Retailers Magazine, June 2026). This strategy fits the group’s broader 4D approach—digitalisation, differentiation, diversification, and design—aimed at building the “department store of the future” through omnichannel personalisation, luxury partnerships, and experiential retail (Fashion Network, May 2026). The retailer’s strong 2025 performance, including 8% revenue growth and a 22% increase in digital sales, supports management’s confidence in continued investment despite cyclical pressure (Modaes, March 2026). Q1 2026 results show a more complex picture, with revenues up 4.2% but net profit down to 422 million pesos, highlighting the tension between growth investment and margin pressure (Fashion Network, May 2026). The Monterrey plan therefore extends a proven flagship strategy built over the past decade, where renovation, luxury brand partnerships, and digital expansion established El Palacio de Hierro as a key gateway for international luxury in Mexico (Modaes, January 2026).

El Palacio de Hierro invests €50m in the remodelling of its stores