One Chart That Shows How the Internet Is Crushing Department Stores

The troubles aren't going away.
Photographer: Victor J. Blue/Bloomberg

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. 

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