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Department Store Nostalgia Is Misguided

Department Store Nostalgia Is Misguided SHARE The pandemic has caused or accelerated the demise of numerous U.S. companies, and your local department stores are among the hardest hit. Government lockdowns and consumer reluctance in 2020 intensified longstanding pressures on the brick-and-mortar retail industry, pushing many iconic names, such as Neiman Marcus, J.C. Penney, and Belk, over the edge and into bankruptcy โ€“ events that have elicited laments about not only the companies and wo...
United States Nieman Marcus Progressive Policy Institute Michael Mandel Progressive Policy Institute Michael Mandel Dallas Galleria
Source: cato.org

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