You shop but they drop: why department stores are dragging down retail

By Elizabeth Knight
Updated October 13 2014 - 10:13am, first published October 2 2014 - 12:15am
Still off trend: Aussie department stores are missing out on sales.
Still off trend: Aussie department stores are missing out on sales.

Over the past 12 months, Australian department stores would have forgone about $1 billion in sales compared to where they would have been if they were growing at the rate of the rest of the retail industry.

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