Department Stores FY2013: a blip or the start of a new era of sustained recovery?

Sep 15

Sales at department stores rose for the first time in 16 years in 2013 and by a solid percentage too. The uplift came from a splurge of high ticket consumption prior to the tax hike, investment in renovation and enlarging of city centre stores – not to mention much better management. Will it last? While […]

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