Department Store Shares Are Up. Your Hopes Shouldn’t Be.
Steve Dennis
JANUARY 4, 2018
Amidst reports that holiday spending was up nearly 4.9% , some optimism about the American moderate department store sector has started to creep back in. As I pointed out several months ago , at least two major things must happen before any optimism about the prospects of any of the middle market department store brands is warranted.
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