- Are Department Stores Like Macy's Really Dead This Time?🔍
- How America's once great department stores became a dying breed🔍
- Another rough year for department stores🔍
- US Department Stores🔍
- Why department stores are losing sales🔍
- The death and rebirth of America's department stores🔍
- Are Department Stores Becoming Obsolete in the US?🔍
- Department Stores Lag as Retail Real Estate Recovers🔍
Department Stores in Decline
Are Department Stores Like Macy's Really Dead This Time? - Forbes
The storied department store chain in February said it will shutter nearly 30% of its remaining locations – a staggering 150 – leaving it with 350 core stores.
How America's once great department stores became a dying breed
The gradual demise of the American department store can be blamed on many factors: competition from big box retailers, a shift to online shopping and activist ...
Another rough year for department stores | Retail Dive
The segment is undergoing a quiet shakeup in 2024, with major players pursuing varying degrees of change to their operations.
How America's once great department stores became a dying breed
...to retail analyst Neil Sauders of GlobalData, the key problem for Macy's and many other troubled department store chains is more ...
US Department Stores: It's Time for a New Day One | Bain & Company
Now, having defied many predictions of their imminent demise, they may be facing a true moment of reckoning. Sales reported by North American ...
Why department stores are losing sales - Modern Retail
Macy's and Kohl's reported a decline in revenue in their credit card businesses, as well. On the whole, department store sales dropped 1.5 ...
The death and rebirth of America's department stores, in charts - Vox
Meanwhile, department store sales have been declining, according to data from the Census Bureau. After sales took a dive in the spring when stay ...
Are Department Stores Becoming Obsolete in the US? - RetailWire
As reported by CNN in February, the “gradual demise of the American department store” can be attributed to several factors, including ...
Department Stores Lag as Retail Real Estate Recovers - CRE Daily
The decline of department stores can even be traced all the way back to a 1960 Supreme Court ruling that allowed discounting across retail. This ...
The Decline of Department Stores: Understanding Changing ...
Across the globe, the rise of DTC brands highlights a key shift in consumer preferences: today's shoppers value personalised experiences, transparency, and ...
How Department Store Spending Has Changed in the Last 30 Years
Throughout the 2000s, spending at U.S. department stores steadily declined. This decline was exacerbated by the 2007-08 financial crisis, during ...
How American malls survived the slow death of department stores
All malls aren't created equal, however. Lower-tier malls are feeling the effects of department store closures more acutely as inflation and ...
More than half of all mall-based department stores will close by the end of 2021, according to estimates by Green Street Advisors, a commercial ...
Retail apocalypse · Numerous bankruptcies ensued from early 2010s · Major decline in revenue from suppliers · Bankruptcies accelerated from March 2020 as a result ...
Shoppers indifferent and even averse to the department store format
NEW YORK – July 23, 2024 – Sales among North American department stores are declining at increasing rates. While some have initiated ...
How America's once great department stores became a dying breed
The gradual demise of the American department store can be blamed on many factors: competition from big box retailers, a shift to online shopping and activist ...
Left Behind in the Retail Real-Estate Comeback: Department Stores
Department stores' decline is a primary reason why regional malls—originally designed to lure department stores out of America's urban downtowns ...
Department Stores in Decline: Why Retail Sales Are Down
Several factors combined have caused retail sales to decline in the past few years. The first is that consumers have become more aware of their own agency and ...
Retail's Escalating Commitment To A Failing Course Of Action - Forbes
Department stores have been on a steady and rather precipitous decline for more than two decades. And while some point to e-commerce as the ...
The department store is dead… Long live the ... - Avison Young
The decline can be attributed to a multitude of factors including poor management (certainly in the case of BHS & Debenhams), rapid over- ...