Trend of online retail gaining over Bric-N-Mortar is a well-established fact. However the devastating effect of it on US retail landscape is becoming more and more visible at an accelerated pace. To know more click here.
The first week of trading in the new year 2017 witnessed Macy’s stock dropping almost 14% at the same time Kohl’s shares lost 19% on the single day. Nordstrom was the best with around 7% fall.
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