Minnesotans know what it’s like to cry for a lost department store. So many have come and gone over the years. Dayton’s. Donaldson’s. Sears. Filene’s Basement. But there may be no grief like that of a ...
Plus, off-price retailers such as Ross Stores (ROST) and TJX Companies (TJX), which owns TJ Maxx and Marshall's, "are taking sales away from department stores constantly," Swartz added.
reflecting a trend of decline among former department store behemoths, with Debenhams and John Lewis also shutting large branches as shopping shifts online.