Department Stores - Germany - April 2018
“There are signs of the beginnings of a recovery in the German department stores sector. New ownership and a more focussed management now shorn of too many diversifications are a good start. The consumer research for this report shows that the stores are still valued for many of the things that a department store should be good at. But as a group they have undermined trust in their pricing and that is a major problem they need to work on.”
– Richard Perks, Director of Retail Research
This report looks at the following areas:
So many changes of ownership – can they mark a turning point for the sector?
How can the department stores regain market share?