Retail
September 12, 2017
Department stores are turning to discounting, omnichannel and off-price subsidiaries to regain customers. Image credit: Neiman Marcus Last Call
By Danny Parisi
Since 1999, the retail industry has faced declining sales in the wake of falling foot traffic brought about by ecommerce.
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","iv":"3cd0b55af48c3691ea014fd3d8c0c69f","s":"8d86481fa743ad9b"}
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