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Tag: clout

How department stores lost their clout in the beauty industry

Pedestrians pass in front of an Ulta Beauty store in New York. Gabby Jones | Bloomberg | Getty Images In the beauty business, there’s been a changing of the guard over the past decade. Social media has bolstered the success of specialty stores and cultivated a number of billion-dollar upstart beauty brands that are going …

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Black Friday is losing its clout, more bad news for department stores

Black Friday isn’t quite the deal frenzy it used to be. Retailers have been touting bargains for weeks. With more shopping moving online, it has only become easier to compare prices, and so the lure of doorbuster deals is losing its grip on shoppers. That only means more bad news for a group of retailers …

Black Friday is losing its clout, more bad news for department storesRead More