Our Five Most Popular Stories About Department Stores in 2017

The Year in Retail

December 26, 2017

In a year that the phrase "retail apocalypse" came into being, department stores clawed through some of their toughest challenges ever—and as 2018 approaches, they still face existential questions.  Here are our five most-read stories about department stores in 2017.

1. Department Stores Struggle to Prove They Still Matter

Several major department stores posted better-than-expected Q3 comparable sales, but the results did not change the fact that the whole sector faces a significant challenge to draw consumers back to stores. (Published 11/10/2017)

2. What's Behind HBC's WeWork Deal? Millennials

HBC agreed to Lord & Taylor's flagship New York building to gig economy workspace provider WeWork and lease other select stores’ space to WeWork. The partnership aims to solve a critical problem that many brick-and-mortar retailers face: attracting younger shoppers into stores. (10/24/2017)

3. In Womenswear, Amazon Is Gaining More Traction than Department Stores

Although the fourth most shopped womenswear retailer as of this year, Amazon has gained more shoppers than any other featured top retailer.  (8/14/2017)

4. Huge Wave of Store Closings Still to Come, Study Finds

Up to 2,000 stores combined may still need to be closed by retailers including JC Penney, Macy’s, Gap, Abercrombie & Fitch and others, a new study predicted. The report suggested that Macy’s and JC Penney may need to accelerate their store closing targets. (4/6/2017)

5. Why the Wave of US Store Closings Isn't Over Yet

Retailers have announced total closings of more than 6,000 stores this year, but even more cuts seem likely, based on a study of sales-per-square-foot performance by retail research and analytics group Fung Global Retail & Technology. (10/2/2017)


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