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A brighter forecast: Department stores are feeling merrier as shoppers bring their business back.
From:
Columbus Dispatch (Columbus, OH)
| Date:
November 19, 2006
| COPYRIGHT 2006 The Columbus Dispatch. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Byline: Jeffrey Sheban
Nov. 19--The department store is dead. Long live the department store. After 15 years of declining market share, the venerable department store is winning back customers, just in time for the crucial Christmas shopping season. The rebound started in September, when department-store sales rose 8.4 percent compared with the previous year, the largest single-month gain in nine years. October was another good month. Federated, which operates Ma...
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