The Department Store Isn’t Dead—It’s Evolving
About the White Paper:
Contrary to popular belief, the department store is not dead—although unlikely to return to its former glory.
Many favorite stores are now undergoing a renaissance, adapting failing strategies with radically innovative solutions and rewriting their fate. With survival on the line, stores like Nordstrom and Macy’s are thinking disruptively and embracing creative initiatives to revive their brand’s value in the eyes of today’s consumers.
Placer.ai found that 2021 saw an increase of traffic to luxury oriented department leaders and those targeting the middle—discover why in this RETHINK Retail white paper.