Retail News

Department stores hit by losses, not just in apparel, but in beauty

BloombergGadfly 12/16/2016

When talking about the woes of department stores, most industry-watchers fret over the loss of clothing sales to off-price retailers and more Millennial-focused chains, but according to recent research, the channel is suffering from the loss of beauty sales as well. Beauty and cosmetics sales, once considered “Amazon-proof,” are now moving online thanks to the prowess of Amazon, Sephora and Ulta.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!