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Dec. 26, 2025
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Retail

‘Time is running out’ for department store recovery: Bain

August 7, 2024

A majority of American shoppers hold a negative opinion of large-scale retailers. Image credit: Bain & Company In North America, department store sales have declined at a compound annual rate of 6 percent from 2018 to 2023. Image credit: Bain & Company

 

By Zach James

While wholesalers throughout North America struggle to find their footing, global consulting firm Bain & Company is outlining a path forward.

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  1. Off the Cuff: A Q&A with McLaren's Nicolas Brown
  2. In conversation with Hong Kong property and hotel mogul Adrian Cheng
  3. For high-end fashion brands, wellness is the ultimate luxury
  4. Kering to acquire jewelry manufacturer Raselli Franco Group
  5. Dolce & Gabbana debuts Devotion fragrance film
  6. Gucci studies connection in spring/summer 2025 campaign
  7. Dior, Rizzoli to release book on Lady Art project
  8. Louis Vuitton introduces Visionary Journeys Seoul
  9. Fendi pays homage to artist with playful puppet fall campaign
  10. Dior dives into French Riviera with escapist fragrance
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