It’s tough to be a department store in the digital age. Once vaunted names like Lord and Taylor and Barneys have ended up in the graveyard, while others like JC Penney, Sears, and Neiman Marcus have gone bankrupt.
“By utilizing data-science, Kohl’s can offer a more localized assortment that is market-specific in these smaller stores,” said Dana Telsey, CEO of the Telsey Advisory Group.
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