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Aug. 5, 2020
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Retail

US department stores, in survival mode, offer deep discounts to boost online sales

April 16, 2020

Nordstrom online sale. Image credit: Nordstrom Nordstrom online sale. Image credit: Nordstrom

 

By Dianna Dilworth

U.S. department store chains are hungry for revenue, offering consumers tantalizing online discounts to keep the lights on in an extremely dark period as government-mandated COVID-19 lockdowns threaten the stability of an already perilous business model.

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  1. Day’s wrap: Ralph Lauren, platinum buyers, Bloomingdale’s and Ferretti Group
  2. Luxury consumers seek meaningful jewelry purchases: PGI
  3. LVMH, Kering and the new luxury strategy post-COVID-19
  4. Burberry offers a look at how companies can navigate difficult times
  5. Fashion must radically reduce its contribution to biodiversity loss
  6. Dior joins UNESCO educational response to COVID-19
  7. Ferretti Group sees unprecedented growth in Asia Pacific
  8. Subscribe now: Full access to 90,000+ articles, reports, videos and images
  9. US department store chain Lord & Taylor and its Le Tote parent file for Chapter 11 bankruptcy
  10. Why you should not put partnership marketing on hold
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Ralph Lauren, platinum buyers, Bloomingdale’s and Ferretti Group
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