The E-Commerce Takeover: Why Department Stores Are Struggling This Holiday Season

Fewer shoppers are visiting department stores during the holidays, favouring the convenience of purchasing products online instead. This leaves massive retail giants, such as Macy’s (whose stock has been down by 46.0% since the start of 2017), Kohl’s (down by 16.6%), Nordstrom (down by 19.2%) and JCPenney (down by 64.5%), suffering heavy losses, according to Continue reading The E-Commerce Takeover: Why Department Stores Are Struggling This Holiday Season