When was the last time you stepped foot in a department store? For many, the answer might be months; for others it could be years. As customers have gravitated towards mobile and online shopping (and away from traditional outlets), the role of the department store in the consumer market has shifted (Just Wednesday, Hudson Bay, the parent company of Saks Fifth Avenue and Lord & Taylor, among others announced mass layoffs and restructuring). While other retailers fight to stay relevant,...READ FULL ARTICLE »
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