US Department Stores—Retail 2024 Sector Outlook: Soft Sales Growth; Opportunities in Different Store Formats and Alternative Models

What's Inside

The Coresight Research Retail 2024 series of reports looks ahead to the prospects for retail next year, exploring key trends by geography (namely, the US, the UK, China and India) and sector. We will also discuss trends in healthcare and technology.

This report, one of our Retail 2024 Sector Outlooks, presents directional market insights and themes to watch in US department store retailing.

Data in this research report include:

• US department store market—sales and year-over-year growth, 2020–2024E
• E-commerce sales growth projections

Companies mentioned in this report include: Kohl’s, Macy’s, Nordstrom

Other relevant research:

• Look out for more reports in our Retail 2024 series, including outlooks for the US apparel and footwear, US beauty and global luxury markets.
• Market Navigator: US Department Stores—Softness Ahead Despite Opportunities in Experiences and Alternative Models
• Market Outlook: Department Stores in China—Consumer Shift Toward E-Commerce Squeezes Sales
• All Coresight Research coverage of department store retailing