Perhaps the Cannibalization of Department Stores' Sales by Online Retailers Is Over?Harrison Roger
Black Friday is over. Early indications are that online sales will far surpass all-time records. By contrast, early results on department stores are mixed.
Question - Do online sales cannibalize brick-and-mortar sales, or are they complementary?
A Broader View of Retail Sales
Before addressing the department stores versus online retailers issue, here's a broad view of the American consumer.
It's fairly easy to see that the most recent tick at 1.7% Y/Y is weak. Incredibly weak . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.