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Reports of Death of Department Stores Prove Premature
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When R.H. Macy & Co. filed for bankruptcy protection, it
rekindled a debate: Is the department store as a species doomed to
the fate of tyrannosaurus rex?
Those eager to relegate department stores to a museum of
retailing history can cite a long list of failed emporiums _ Bonwit
Teller, B. Altman and Gimbel's, Garfinckel's in Washington and
Frederick & Nelson in Seattle, to name a few.
Yet the traditional department store's share of the general
merchandise market has declined muc...
Related newspaper, magazine, and journal articles from HighBeam Research
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The department store saga. (history and outlook for department stores)(WWDinfotracs)
WWD
; NEW YORK -- For America's surviving department stores, the downsizings, the debt and the bankruptcies are largely behind them, but the pressure is still on. The issues facing the major retailers are extensive. Shareholders are demanding more growth and profits and apparel sales are soft, while
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What direction for department stores? (column)
Daily News Record
; What direction for department stores? NEW YORK -- The one aspect of department stoes the industry has learned to respect is their tremendous resilience in bouncing back from adversity. Time and again department stores have been judged to be suffering mortal wounds. First from independent specialty
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Shoppers give big-store clones cold shoulder. (sales suffer at look-alike department stores)(Financial Forum) (Industry Overview)
WWD
; NEW YORK -- When it comes to department stores, there are too many look-alikes. According to the four participants in WWD's recent financial forum, department stores, particularly with the invasion of category-killers, are suffering from too much sameness and must become destination stores
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Department stores still shine.(clothing accessories industry)
WWD
; NEW YORK - Don't look for the accessories crowd to join those sounding a death knell for department stores. Department stores have been a bulwark for accessories, and despite the venue's shrinking numbers, many accessories vendors say their most vibrant growth this year has been in traditional
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Department stores must solve a killer of a situation: category killers, sameness putting a big hurt on sales: street smarts. (retail apparel)
Daily News Record
; NEW YORK (FNS) -- In the age of the category killer, sales at department stores are suffering from too much sameness and they must become destination stores themselves, according to experts from Wall Street. Walter Loeb, at Loeb Associates, said most department stores are failing The Blink Test.
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