One Chart That Shows How the Internet Is Crushing Department Stores
It's no secret that department stores are struggling — even their top executives have to admit it — but this chart shows just how badly things have gotten. As seen in a note from Standard Chartered Plc, U.S. consumers are rapidly moving online, and in-store sales are only going to slow down in the near future.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.