Are Department Stores Like Macy’s Really Dead This Time?
What’s Next for Department Stores, How Will They Evolve? What will it take for department stores to survive? The Problems Behind the Problem of Department StoresIf more of today’s department stores are, like Macy’s, “built for a different era,” then the problem is simple: they have not kept pace with shoppers. Based on coverage of Macy’s closures, department store companies need to get in front of three foundational issues:Too many bricks. But it’s not only the offerings at department stores that fail to resonate; it’s the process.
Source: Forbes July 02, 2024 21:35 UTC
