Retail Giants Bet on Small Concept Stores to Lure Shoppers

As Online Shopping Continues to Dominate, Some Retail Chains Experiment

Bloomingdale’s, the 160-year-old luxury department store chain, is joining several other national retail chains in experimenting with much smaller versions of their stores that feature heavily curated merchandise — an apparent effort to compete amid the rise of online shopping.

The COVID-19 pandemic changed many consumer behaviors, including how people shop — and it only fueled the already steady rise of the online shopping industry. Read More

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