More than 135 million americans plan to shop this weekend, according to the National Retail federation. Of course, how and where we do that keeps changing. Americans will do more of their Holiday Shopping online and at specialty and discount stores, and that leaves many questions about the role of traditional brick and morter Department Stores. The holidays are traditionally the season of Department Stores, from the macys thanksgiving day parade and festive window displays to crowds of shoppers. But the stalwarts of retail are beginning to see their sales go elsewhere. Department stores are expected to see just a 1. 2 growth in sales for the Fourth Quarter of 2015. At the same time, discount, online, and catalog retailers are expected to have a much larger growth in sales. And americans are increasingly turning away from brick and mortar stores. The average consumer now plans to do 46 of their shopping online. Holiday shopping is even going mobile. More than 21 of smartphone owners now
To see just a 1. 2 growth in sales for the Fourth Quarter of 2015. At the same time, Discount Online and catalog retailers are expected to have a much larger growth in sales. And americans are increasingly turning away from brick and mortar stores. The average consumer now plans to do 46 of their shopping online. Holiday shopping is even going mobile. More than 21 of smartphone other than plan to buy on their devices. But despite all the options, there may still be a Silver Lining for Department Stores. More than 55 of consumers still plan to shop there. Hudson bank ceo says retail cant be counted out. What you didnt see was an apocalyptic change in the consumer saying weve reached a Tipping Point where its all going to the internet. The Holiday Shopping season is well under way. But can Department Stores get Terry Lundgren is macys chair chairman and ceo. Do you think the death ofhe Department Store has been greatly exaggerated at this point . I sure do. The last five years, my own co
Weekend. Of course how and where we do that keeps changing. Americans will do more of their Holiday Shopping online and at specialty and discounts stores and that leaves questions about the role of the traditional brick and mortar. Thats our cover story this week. The holidays are traditionally the season of Department Stores from the macys thanksgiving day parade and festive window displays to crowds of shoppers. But the retailer is beginning to see their sales go elsewhere. Department stores are expected to see just a 1. 2 growth in sales for the Fourth Quarter of 2015. At the same time, Discount Online and catalog retailers are expected to have a much larger growth in sales. And americans are increasingly turning away from brick and mortar stores. The average consumer now plans to do 46 of their shopping online. Holiday shopping is even going mobile. More than 21 of smartphone other than plan to buy on their devices. But despite all the options, there may still be a Silver Lining fo
Specialty and discounts stores and that leaves questions about the role of the traditional brick and mortar. Thats our cover story this week. The holidays are traditionally the season of Department Stores from the macys thanksgiving day parade and festive window displays to crowds of shoppers. But the retailer is beginning to see their sales go elsewhere. Department stores are expected to see just a 1. 2 growth in sales for the Fourth Quarter of 2015. At the same time, Discount Online and catalog retailers are expected to have a much larger growth in sales. And americans are increasingly turning away from brick and mortar stores. The average consumer now plans to do 46 of their shopping online. Holiday shopping is even going mobile. More than 21 of smartphone other than plan to buy on their devices. But despite all the options, there may still be a Silver Lining for Department Stores. More than 55 of consumers still plan to shop there. Hudson bank ceo says retail cant be counted out. W
Americans plan it shop this weekend. Of course how and where we do that keeps changing. Americans will do more of their Holiday Shopping online and at specialty and discounts stores and that leaves questions about the role of the traditional brick and mortar. Thats our cover story this week. The holidays are traditionally the season of Department Stores from the macys thanksgiving day parade and festive window displays to crowds of shoppers. But the retailer is beginning to see their sales go elsewhere. Department stores are expected to see just a 1. 2 growth in sales for the Fourth Quarter of 2015. At the same time, Discount Online and catalog retailers are expected to have a much larger growth in sales. And americans are increasingly turning away from brick and mortar stores. The average consumer now plans to do 46 of their shopping online. Holiday shopping is even going mobile. More than 21 of smartphone other than plan to buy on their devices. But despite all the options, there may