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":"0aabbcd6b0460087d93fe72437561551","s":"97fddce1f3f7e9cb"}
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