By and  on June 16, 2010

Dinosaurs no longer?

Of the 306 industry officials — 140 presidents, chief operating officers and chief executive officers from 50 department store chains representing about 85 percent of the sector’s worldwide volume, as well as top officials from 40 vendors — attending last week’s Global Department Store Summit in New York, the consensus, not surprisingly, was that the sector has turned a corner and is adapting to competitive challenges and the anemic economy.

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