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