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Published: November 16, 2017
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Department stores in the US have been feeling pressure from all angles, though the growth of digital shopping is only partly to blame for the shuttering of shopping centers. The sector has been hardest hit by the success of beauty, specialty apparel and off-price retailers grabbing a greater share of ecommerce, as well as the disappearance of its natural habitat: malls.
"US department store sales have been declining for over a decade, not just in pure numbers but also as a percentage of total retail."
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US Department Store Retail Sales, 2008-2016 (billions and % of total retail sales*)
US Department Store* Retail Ecommerce Sales Growth, 2013-2016 (% change)
In-Store and Ecommerce Sales for Select US Department Stores, 12 months ending April 29, 2017
Top 20 US Retail Sites, Ranked by Total Visits, Q1 2016 & Q1 2017 (millions)
Channels/Locations Where US Internet Users Plan to Purchase Back-to-School Products, July 2017 (% of respondents)
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