Retail’s Costly Transformation
Somewhat encouraging numbers from this past holiday shopping season are lending good news to the overall economy, as consumer confidence strengthens and retail stocks tick upward. But the modest gains shouldn’t be interpreted as a rebound for the fractured retail industry, which will continue to face losses and a substantial transformation as it sweeps up the mess.
March 24, 2010
department stores | Neiman Marcus | Real Estate | Saks Fifth Avenue
ABF Journal