It's been a long, slow slide for department stores. For many, this unrelenting parade of bad news leads them to believe that department stores are toast. But just as the retail apocalypse narrative is nonsense, so is the notion that department stores are going away. It turns out department stores, like every other struggling retail brand, picked a really bad time to be so boring. And just as its acquisition of Whole Foods is transformative for the grocery industry, so too will be a much deeper brick & mortar (and omni-channel) presence in the department store sector.

Source: Forbes October 29, 2017 19:41 UTC