RetailDetail Belgium reports on the IADS Global Department Store Monitor, which analysed 58 department stores worldwide and found revenue stabilised at 0.63% growth in 2024–2025, following a 1.6% contraction the previous year. Retailers are responding to cautious consumer spending and supply chain disruptions through AI adoption and expansion into the secondhand market.
Read the full RetailDetail article below:
Large department stores, which are losing momentum, are betting on AI and the second-hand market