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Could Secondhand Fashion Be the Nail in the Department Store’s Coffin?

Join McKinsey & Company, NewTimes Group, Arvind Limited, Asmara, Google, Bluesign, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Department stores are on their way out, and specialty stores won’t be far behind, according to Scott Galloway, professor of marketing at NYU’s Stern School of Business. Galloway led a discussion surrounding the latest retail trends at ReCode’s Code Commerce conference last week, and told his captive audience that the mall-based giants are “dead, whether they…

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