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Department Stores Are Reemerging With a New Focus, Moody’s Says

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After a long period struggling to cope with the e-commerce wave and shifting consumer buying patterns, U.S. department stores–those that are left–are emerging with a “leaner and more refined focus,” Moody’s Investors Service said in a new report. While many still have a way to go in rebooting their approach to luring increasingly discerning and…

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