Since the rise of online shopping amid lockdowns during the COVID-19 pandemic, brick-and-mortar stores have taken a hit. According to the U.S. Census Bureau, internet sales rose from 0.64 percent of ...
There was a time when, in order to become known among consumers, a brand needed to land in a department store. But as consumers sought out alternative channels to discover products, and brands proved ...
Sportswear brand BORNTOWIN announced the news of the all-time promotion with the official entry of Lotte Department Store's ...
Macy’s announcement Tuesday that it will close 150 stores, or nearly a third of its total, is the result of a once-great department store industry in decades of decline. The gradual demise of the ...