Department stores hit by losses, not just in apparel, but in beauty
December 19, 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.
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