Aarkstore Enterprise announced latest Market Research Report Titled “Global Department Stores Retailing, 2017-2022”

The "Global Department Stores Retailing, 2017-2022", report, published by, provides analysis of current and forecast market data for department store retail sales globally.

Department stores sales are projected to reach US$614.9 billion growing at a CAGR of 5.3% from 2017-2022. The channel recovery is attributed to improvement in the global economy and rising disposable incomes, encouraging discretionary spending and stimulating demand. Additionally, increasing tourism and the ensuing rise in tourist expenditure, increasing investment on the omnichannel experience and product diversification and personalization are set to support sales through department stores over the next five years.

This report offer

- Current department store market sizes and forecasts to 2022
- Market insights based on consumer trends and changing economic and demographic factors
- Department store retail sales and fastest-growing markets for department stores
- Category level retail sales and forecast growth rates globally
- Competitive landscape covering market share of major department store and their sales and trading update analysis, recent key events.

Scope

- Global department sales to reach US$614.9 billion in 2022
- Middle East and Africa set to grow the fastest, extending lead over Australasia
- Retailers are adopting novel strategies to stay competitive
- Retailers offer personalized experiences to boost sales
- Rightsizing is the new norm in the department stores landscape
- Departments stores lose share across every product category bar luggage & leather goods.

For More Details Please Visit Us https://www.aarkstore.com/retail/1317514/global-department-stores-retailing-2017-2022

About Us
Aarkstore forms global market research reports from various industry verticals serving businesses worldwide. As market research report resellers, we partner with already established publishers for syndicated data and customized reports. Consequently, market research data by us is up-to-date and reliable for Industry analysis and future market forecasts.

Category: Business Services Market Research

Aarkstore Enterprise

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