Department Store Demise

architecture blur bokeh building
Photo by Daniel Frese on Pexels.com

The decline of the Great American Department Store is even worse than you think. I just compiled some new research on the number of department stores that have closed since 2018 and the total is shocking. It represents almost a quarter of all these type stores that existed then.

And you’ve got to think that anybody running a department store today has to be frantically trying to come up with a new business model. If they are not, you know what they are: Stupid.

Here’s my new Forbes.com post on all of this: https://www.forbes.com/sites/warrenshoulberg/2020/07/21/unprecedented-decline-one-fifth-of-all-american-department-stores-have-closed-since-2018/#330ccad32ef0

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s