Key Facts about the Industry
# of visitors per year:
Estimated global sales:
# of employees worldwide:
The COVID-19 epidemic is now affecting the entire world and its population. The impact of the outbreak to the department store industry and its stakeholders is significant and stressful.
From IGDS Members
Selfridges Evaluating Offer
Selfridges Group received an unsolicited offer of more than £4bn for its U.K. and Irish businesses, and has signed on Credit Suisse to...
Holt Renfrew Collaborates with TerraCycle
TerraCycle has teamed up with Holt Renfrew to help intercept and properly recycle the nearly 773 million plastic beauty containers that...
Shoppers Stop's Omnichannel Sales in Q4
Shoppers Stop has posted rapid business recovery in Q4 FY21 with a 188% growth in omnichannel sales over the corresponding quarter of FY20....
From the Industry
El Corte Inglés to put logistics land for sale
The company has commissioned BNP Paribas to divest non-strategic logistics assets. Specifically, El Corte Inglés intends to dispose of...
Robinsons returning as an online department store
After exiting Singapore earlier this year in January, departmental store retailer Robinsons is returning as Robinsons Online. According...