Department Stores: Is There A Future?
The pandemic didn’t cause department stores’ struggles. It did, however, speed up the consequences of those struggles. In this webinar, four retail veterans come together to detail how pure-play beauty retailers and the rise of e-commerce dealt devastating blows to the department store model. Even today, a key objective and a key roadblock in a department store is figuring out how to get customers shopping across various categories. Gussied up beauty departments don’t necessarily appeal to younger beauty consumers, who prefer to peruse multiple brands rather than depend on an expert tied to a single brand—but onboarding indie brands can help.
Hosts
Nader Naeymi-Rad
Founder & Publisher,
Beauty Independent
Panelists
Wendy Gottfried
Former VP & DMM, Beauty,
Saks Fifth Avenue
Clare Horner
Former Senior Beauty Buyer,
Harrods
Jennifer Miles
Former SVP & DMM,
Cosmetics
Kelly St. John
Former VP & DMM, Beauty,
Neiman Marcus
Read The Recap
Retail Report The Travails Of Department Stores—And How Indie Beauty Brands Can Still Succeed At Them The pandemic didn’t cause department stores’ struggles. It did, however, speed up the consequences of those struggles. Nordstrom is closing 19 stores, including three Jeffrey shops and 16 full-line locations. Macy’s is shuttering 125 stores. J.C. Penney and Neiman Marcus... READ THE FULL ARTICLE →