Industry

Department Stores

The global department stores industry, valued at $450 billion in 2022, has a projected CAGR of 1.5% from 2021 to 2026, with the United States being the largest market. These large-scale retail establishments offer a variety of products, such as clothing, accessories, home goods, and electronics. The industry is segmented based on store type, distribution channel, and product categories. Key trends include digital transformation, omnichannel retail, personalization, and enhancing store experiences. The industry faces challenges, such as competition from e-commerce, changing consumer preferences, and high operating costs.

Top Companies
  • Macy’s
  • Dillards
  • Kohl’s
  • Nordstrom
Enter your
text here

Content Database

Search over 1,000 posts on topics across
business, finance, and capital markets.

Buying Behavior Jonathan Poland

Buying Behavior

Buying behavior refers to the actions and decisions made by consumers when purchasing goods or services. These are relevant to…

Price Optimization Jonathan Poland

Price Optimization

Price optimization is the process of using data and analytical methods to determine the optimal price for a product or…

Examples of Competency Jonathan Poland

Examples of Competency

Competencies are the various traits and capabilities that enable an individual or organization to be effective and successful. These may…

Operating Revenue Jonathan Poland

Operating Revenue

Operating revenue is the income that a company generates from its core business operations. It is a key measure of…

Variable Expenses Jonathan Poland

Variable Expenses

Variable expenses are expenses that can fluctuate over time, making them more difficult to budget and predict than fixed expenses.…

Quality Goals Jonathan Poland

Quality Goals

Quality goals are specific targets that are set to improve the quality of a product, service, or process. They are…

Cause and Effect Jonathan Poland

Cause and Effect

Cause and effect is a concept that refers to the relationship between an event (the cause) and a subsequent result…

Remarketing Jonathan Poland

Remarketing

Remarketing is a marketing strategy that involves targeting customers who have previously interacted with a business. This is often done…

What are Tactics? Jonathan Poland

What are Tactics?

Tactics are short-term, immediate strategies that are designed to respond to fast-changing realities and situations. They are focused on taking…

Read More