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Discount department stores: transforming.(Retail Perspectives)
From:
Footwear News
| Date:
November 18, 1996
| COPYRIGHT 1996 Fairchild Publications, Inc. 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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The discount-department store industry has registered business cycle fluctuations due to economic factors and is about to reach a saturation point in its development process. Wal-Mart, Target and Kmart control 80% of this retailing sector's sales and experiment new merchandising strategies, various store sizes and product assortments. Supercenters are expected to fuel discount department stores' growth between 1997-2001.
The discount-department-store industry looks dramatically differ...