By  on August 2, 2019

What’s the future of traditional department stores? According to several retail analysts, the future is here and the sector’s next transformation is being driven by the resale market. Moreover, the impact of resale is broader than previously thought.

“This is a threat to most retailers, not only traditional department stores,” Deborah Weinswig, founder and chief executive officer of Coresight Research, said to WWD. Coresight Research released a report on the mainstreaming of apparel resale last week, concurring with the consumer penchant for the “treasure hunt shopping experience.”

To continue reading this article...

load comments
blog comments powered by Disqus