What the Holidays Could do to Department Stores


Retail Dive, December 9, 2019


Although half of the 189.6 million Black Friday shoppers visited a department store, according to the National Retail Federation, evidence shows they once again missed the mark. With department stores offering fewer deals and discounts, deal-seeking consumers are turning elsewhere. Target and Walmart, for instance, are increasingly winning due to their broader assortment and lower prices, while "apparel-driven retailers" like Kohl's, Macy's and Gap Inc. continue to under-perform.



Read the full article here


#Holidays #Retail #DepartmentStores #Target #Walmart