The death of the department store: ‘Very few are likely to survive’

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    The death of the department store: ‘Very few are likely to survive’

    American department stores, once all-powerful shopping meccas that anchored malls and Main Streets across the country, have been dealt blow after blow in the past decade. J.C. Penney and Sears were upended by hedge funds. Macys has been closing stores and cut…
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