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The department store shift
The article listed below focuses on the changing nature of retail consumers in Australia, and which department stores are making the right adjustments to adapt to technology, and buying habits.
Over the past few years department store revenue has dropped 1.8% yearly. With expectations of a recovery in the short term low, the article looks at which department stores have adjusted the best and which ones are doing poorly in that department. There is a surprising amount of big time Australian department store retailers in the poor category, showing that many of the big players are not adjusting well to the changing nature of their business.
Please see the article below.