department store - The Daily News Brief

Amazon Reportedly Plans to Open Own Department Stores

August 20, 2021 by Fourth Estate®

Amazon on Thursday is reportedly planning to open a series of large-scale retail locations that resemble department stores in the United States. People familiar with the matter told The Wall Street Journal that some of the first Amazon department stores …

Japanese Department Store Sales Sharply Fell In January

March 1, 2021 by Fourth Estate®

Japanese Department store sales fell 29.7% last month following another state of emergency in Tokyo due to the COVID-19 crisis. Sales of 196 stores run by 73 operators totaled 326.51 billion yen (3.7 billion U.S. dollars) in the 16th consecutive …