Can Department Stores Regain Their Relevance?

Can Department Stores Regain Their Relevance?

Can Department Stores Regain Their Relevance? | IntelliRetail.com

In the heyday of department stores, fashionable ladies flocked to luxury emporiums like Le Bon Marché, Bergdorf Goodman, Saks Fifth Avenue and Selfridges. Department stores were wondrous and bright communal playgrounds, places to socialise and explore the seemingly endless stock of goods, often from far-flung locales.

In the fight for consumer dollars, department stores have lost significant ground to monobrand stores, specialty retailers and e-commerce players. Can they regain their relevance?

Source: Reinventing The Department Store – BoF – The Business of Fashion


Rights to all content (text, images, videos etc.) with post source. If you think these are wrongly attributed email us




Related posts

Why Retailers Keep Sending You Catalogs

Why Retailers Keep Sending You Catalogs


Why Retailers Keep Sending You Catalogs

Many things made with paper have become relics because of computers and the Internet: the Rolodex, multi-volume encyclopedias, even physical maps. Now take a look in your mailbox or somewhere around your house. There's a good chance you'll see a shopping catalog, maybe a few of them now that it's the holiday season. So why, in the digital age, are they still around? Source: Here's Why Retailers Keep Sending You Catalogs : NPR Rights to all content (text, images, videos etc.) with post source. If you think these are wrongly attributed email us

Why Does Rude Service at Luxury Stores Make Consumers Go Back for More?

Why Does Rude Service at Luxury Stores Make Consumers Go Back for More?


Why Does Rude Service at Luxury Stores Make Consumers Go Back for More?

For many people, the idea of purchasing a luxury product in a high-end boutique comes with the stigma of snobbery and rude salesclerks. But when they are rejected in real life,a new study in the Journal of Consumer Research reveals that a person’s desire for brand affiliation and willingness to purchase and display the item actually increases. “Our research highlights the fact that we are profoundly attuned to social threats and are driven to buy, wear, and use products from the very people who are disrespectful to us,” write authors Morgan K. Ward (Southern Methodist University) and Darren W. Dahl (University of British Columbia). Source Rights to all content (text, images, videos etc.) with post source . If you think these are wrongly attributed email us

The mall of the future: It’s nothing like today

The mall of the future: It's nothing like today


The mall of the future: It's nothing like today

Forget the fluorescent-lit indoor mall that's been synonymous with shopping for years. The future of retail will look starkly different 25 years out. Full-body scanners that take your measurements, and recommend the clothes that best fit your body. Seamless checkouts that can be done from inside the dressing room or on your mobile phone, eliminating the need to wait in line. Innovations like these are already threatening to become mainstream. And, as consumers shift a larger chunk of their spending toward the Web—where they're offered a seemingly endless pipeline of products—experts say bricks-and-mortar locations need to undergo a complete makeover to stay relevant in future decades. Source: The mall of the future: It's nothing like today Rights to all content (text, images, videos etc.) with post source. If you think these are wrongly attributed email us

Leave a comment