Free Data GraphicCoresight Bites: US Department Stores—Market Outlook Coresight Research February 9, 2023 Coresight Bites provide free snapshots of Coresight Research data and findings. This graphic presents selected insights from our Market Outlook on the US department store sector. Subscribers can access the full research here. To find out how to subscribe, click here. Coresight Research estimates that overall department store sector revenue in 2023 will decrease by 0%–1.0%, year over year, to around $85 billion. We anticipate that from 2022 to 2024, revenue growth will remain between 0% and (1.0)% and will begin to swing into positive territory in 2025; in 2027, we expect that revenues will be approximately 8% below pre-pandemic 2019 revenues. Click the image below to read the full Market Outlook report, which offers our analysts’ definitive view of the US department store sector, including key themes we are watching. This document was generated for Other research you may be interested in: Consumer Sentiment Falls Further After Stock-Market Sell-Off; Plus, Social Commerce in Focus: US Consumer Survey InsightsThree Data Points We’re Watching This Week, Week 33: US Consumers’ Tariff PerceptionsUS CPG Sales Tracker: CPG E-Commerce Growth Eases from Prime Day Peak; General Merchandise Decline Confirms Pull-Forward EffectAugust 2025 US Retail Sales Outlook: July Strength and Improved Outlook Score Raise Retail Projection Above 4%
