over9k
So I didn't tell my wife, but I...
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Yeah, 20 years' of slow melt done in 2.I knew department stores were in decline, and have been so since well before the pandemic, but I wouldn't have guessed it was quite this drastic:
UK loses 83% of department stores since BHS collapsed
New research reveals the sharp decline of department stores since 2016 when BHS closed its doors.www.bbc.com
If 83% have gone since 2016, from 467 physical stores down to 79, then it would seem at least plausible that department stores will go totally extinct before too much longer at least in the UK. Indeed if there's only 79 left then, considering the population size, they must already be effectively irrelevant to most people.
Personally well here in Australia it would be close to a decade since I bought anything at all from a traditional department store unless you count discount shops like Kmart etc.
Question now is, what to do with them?