International Department Stores’ Growth Strategies: Five Learnings for US Retailers

What's Inside

As the US department store sector continues to recover from the impacts of the Covid-19 pandemic, it can look to international players for examples of key growth strategies and apply those learnings in fiscal 2022 and beyond.

We highlight five strategies that international department store retailers are implementing to increase store and online traffic, expand their customer base and grow revenues in the pandemic-impacted environment.

Our insights cover e-commerce, nontraditional retail services, livestreaming, sustainability and more.

• Read more Coresight Research coverage of department store retail.

Contents (Click to navigate)

Introduction

Five International Department Stores’ Growth Strategies: Coresight Research Analysis

1. Offer Local Services

2. Expand into New Services (Beyond Traditional Services)

3. Engage with Consumers Through Live Selling

4. Offer Fast, Free Delivery

5. Invest in the Circular Economy

What We Think