They, too, were filled with department stores. Back in the year 2000, US department store revenue was about US$230 billion ($379b) a year. The department store is going the way of the small-town main street; it’s not totally clear what it is there for any more. Yet it’s not quite right to say that department store revenues have been falling steadily for 25 years. Did the pandemic rekindle our love of the department store?

Source: New Zealand Herald October 18, 2024 00:59 UTC